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5-Star Mobile Home Parks
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Warehouses
Wineries

 
 
 

Hospitality Financing

 

With over 31 years of experience in the commercial finance industry and access to numerous lending products and services designed specificially for the hotel and resort industry, we are a leading provider of capital to a increasing number of owners, commercial developers, and operators. Ocean Pacific Capital not only provides the best hospitality financing solutions efficiently, but also at competitive rates. Whether you are looking to build and construct new hotels, acquire an exisiting hotel, relocate, or refinance a current hotel, we have the programs specifically structured and tailored to meet your needs. We will also consider mezzanine debt pieces, bridges, and equities. We provide hospitality financing across the nation with loan amounts starting at $500,000 to $1.3 billion plus for larger transactions. Although pricing is based upon the quality of the real estate and the credit strength of the deal, our close relationships to the lenders allow us to have competitive pricing. For first position debt, we offer up 75% LTV and up to 90% LTV with mezzanine, construction, and bridge debt. We strive to accommodate and meet our clients needs so give us a call or email us today for your hospitality financing needs..


Whatever your financing needs,
we will tailor a loan that's right for you.

 


Daily Oil & Gas and Wall Street Journal News
11/18/19

Oil Prices Higher for the Week
Posted on Thursday November 14, 2019

WTI and Brent finished higher Friday, also showing week-on-week increases.

Shell Traders Rake In $1B Profit in Fuel Oil Market
Posted on Thursday November 14, 2019

Royal Dutch Shell Plc has made $1 billion from trading fuel oil this year, making it one of the standout winners from rules designed to make the shipping industry greener.

US Drops Eleven Oil, Gas Rigs
Posted on Thursday November 14, 2019

The U.S. dropped 10 oil rigs and one gas rig for a net loss of 11 rigs this week, according to data from Baker Hughes Company.

BHP Names New CEO
Posted on Thursday November 14, 2019

Australian miner BHP has appointed Mike Henry as its new CEO and executive director.

Jennings Returning to CEO Role at HollyFrontier
Posted on Thursday November 14, 2019

Michael Jennings previously served as HollyFrontier's CEO from 2011 to 2016.

Brazil FPSO Starts Production
Posted on Thursday November 14, 2019

This photo, released in September of this year, shows the newly completed P-68 FPSO at the EJA shipyard in Aracruz, Brazil. PHOTO SOURCE: Sembcorp Marine

Russia Makes More Money from OPEC+ Deal than Saudis
Posted on Thursday November 14, 2019

Russia has earned more money this year from the OPEC+ deal than Saudi Arabia.

Equinor Buys Inspection Services for Over $380MM
Posted on Thursday November 14, 2019

Equinor has chosen suppliers for inspection services on all its offshore installations on the Norwegian continental shelf and onshore plants in Norway.

3D Printing On Track to Become Vital in Oil and Gas
Posted on Thursday November 14, 2019

3D printing is on track to become a vital component within oil and gas, according to data and analytics company GlobalData.

Saipem to Consider Combining with Subsea 7
Posted on Thursday November 14, 2019

Saipem is considering a combination with rival Subsea 7 to create a larger European oil services provider, people with knowledge of the matter said.

Wall Street Journal
Commercial News

11/18/19

WSJ.com: US Business

FAA Weighs Altering Plane Approvals After MAX Crashes
U.S. air-safety regulators are considering ways to alter fundamentally how they certify aircraft in the wake of Boeing?s 737 MAX crisis, the head of the Federal Aviation Administration said in an interview.

J&J Rapidly Tested Its Baby Powder After Asbestos Finding---and the Results Were Complicated
Johnson & Johnson rushed to announce its famous baby powder contained no asbestos after the Food and Drug Administration triggered a recall last month?but results of J&J?s tests weren?t cut and dried.

HP Rejects Xerox Offer but Remains Open to a Deal
HP rejected a $33 billion takeover offer from Xerox as too low, but the PC and printer maker made clear it is interested in discussing a deal to combine with its smaller rival.

Yahoo Japan and Chat App Line Agree to Merge
Internet portal Yahoo Japan and chat app Line said they have a basic agreement to merge in a deal that includes buying out Line?s minority shareholders.

NFL, MLB Players Tie Up With Private Equity
Professional football and baseball players are teaming up with a private-equity firm in an unprecedented deal to amp up revenue generated from the use of their likenesses and invest it.

One Explanation for Weak Wage Growth: Workers' Reluctance to Switch Jobs
Fewer workers switching jobs may explain why wages have been rising only slowly and inflation staying low, despite low unemployment, some economists say.

Europe's New Jobs Lack Old Guarantees---Stoking Workers' Discontent
Unemployment in Europe is at its lowest level in a generation. Yet workers complain about jobs without benefits or stability. ?They?re garbage jobs.?

BRE #:00619059
Charles Elfsten, President
Charles A. Elfsten
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