Ocean Pacific Capital has been in the commercial loan business since 1977. We have the experience needed to make getting a commercial loan a smooth and easy process for the client.
Real Estate Development Loans are agreements where a lender gives money to a business that is performing a Property Development Project. The business agrees to repay the money with interest, at some future point.
These Development Loans are very flexible and come in a variety of terms to meet your specific needs. Money issued for Development Loans are usually distributed in increments as the Property Development Project meets certain milestones.
We fund all commercial and construction loans from $500,000.00 to $1,300,000,000.00 worldwide.
Debt coverage ratios from 1.10 up
Adjustable and Fixed Programs
Loan to cost up to 100%
Loan to value up to 90%
10 to 30 year Financing
If you need Commercial Monies, Equity Partners and /or Secondary / Mezzanine Financing, call our Commercial Loan Department at 1800 595-1474 or apply today for a free consultation.
your financing needs,
we will tailor a loan that's right for you.
Daily Oil & Gas and Wall Street Journal News
Kushner Cos., Brookfield Near a Deal for Stake in 666 Fifth Ave. The real estate arm of Brookfield Asset Management is in advanced talks with Kushner Cos. to buy roughly a 50% stake in 666 Fifth Ave. and invest hundreds of millions of dollars in the Manhattan office tower, which has been at the center of a controversy over possible conflicts of interest involving Jared Kushner, President Donald Trump?s son-in-law and adviser.
NYC Council Stops Midtown Tower Construction Work on an 800-foot-tall tower in East Midtown that has been under construction for six months was halted last week following a vote by the New York City Council to limit skyscrapers in the area,.
Malls Never Wanted Gyms. Now They Court Them Mall owners long treated gyms, massage parlors, and billiards halls as unwanted tenants that attracted lower-rent visitors who were unlikely to shop. Now they?re giving health clubs some of their best real estate.
Charles Elfsten, President
Charles A. Elfsten