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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
6/26/17

Rosneft's Sechin Quits Board Of Russian Commodity Exchange SPIMEX
Posted on Sunday June 25, 2017

Igor Sechin, the head of Russia's largest oil producer Rosneft, quits the board of SPIMEX.

Cheniere's LNG Market Share Expands as Korea Contract Starts
Posted on Sunday June 25, 2017

Cheniere Energy commences a 20-year supply agreement with Korea Gas Corp.

Lithuania Signs First Deal For US LNG
Posted on Sunday June 25, 2017

LDT signs a deal to buy LNG directly from the United States.

Thirteen EU Nations Back Plan For Talks With Russia Over Gas Pipeline
Posted on Sunday June 25, 2017

Thirteen EU nations voiced support for a proposal to empower the bloc's executive to negotiate with Russia over objections to a new Russian gas pipeline to Germany.

Oil Prey for 'Hungry' Bears as Investors Drop Bets on Rally
Posted on Sunday June 25, 2017

WTI and Brent, the global benchmark, both entered bear-market territory last week.

Russians Drop Texas Oil Bid, Averting Trump Security Review
Posted on Sunday June 25, 2017

LetterOne's L1 Energy unit recently walked away from a deal to buy Texas oil producer over concerns the plan could be rebuffed by the CFIUS.

Rowan Lays Off Another 50 Offshore Workers
Posted on Sunday June 25, 2017

Just weeks after announcing it was laying off 150 offshore workers, Rowan Cos. has said it will let another 50 workers go in August.

Ask the Careers Editor: Mentoring and Breaking into the Regulatory Field
Posted on Sunday June 25, 2017

This month's installment of Ask the Careers Editor answers questions about landing a position in regulatory/compliance and determining if you'd be a good mentor.

Tropical Storm Dora Expected To Become Hurricane On Monday
Posted on Sunday June 25, 2017

Tropical Storm Dora, located off the western coast of Mexico in the Pacific Ocean, is strengthening quickly and is expected to become a hurricane on Monday.

Portugal Investigating Fraud Linked To Venezuela PDVSA Funds, PDVSA Says
Posted on Sunday June 25, 2017

Portugal is investigating alleged appropriation of funds belonging to Venezuelan state oil company PDVSA that were channeled through now-defunct Portuguese bank Banco Espirito Santo between 2009-2014.

Wall Street Journal
Commercial News

6/26/17

WSJ.com: Commercial Real Estate

Excuse Me, You're Blocking My Sun
Australia?s rapid embrace of rooftop panels?now installed on one in four homes in some areas?has collided with another hot spot of investment, construction of apartments and homes.

1031 Exchange Real Estate Tax Break Faces Extinction
A much-loved tax advantage in the commercial real-estate industry is on the chopping block even as chances dim for the passage of a broad federal tax overhaul this year.

Mall Tenants Play Hardball In Lease Negotiations
Retailers, food and beverage operators and department store chains looking to renew their leases have been asking for more allowances from mall owners.

Mall Project Denied on Former Shea Stadium Site
New York?s highest court on Tuesday blocked the development of a billion-dollar shopping mall on a Citi Field parking lot in Queens, affirming a ruling that the project needs legislative approval to proceed.

New Jersey Landlords Sweeten Perks With Ride-Hailing Subsidies
Food trucks and fitness centers are among the amenities that New Jersey office landlords have been using to attract tenants.The latest perk: Subsidies for digital ride-hailing services such as Uber and Lyft.

McCourt Global Puts Money Into Modular Construction
One of New York City?s most prominent investors is betting on modular construction. McCourt Global led a group of investors in a $6 million round of funding for Brooklyn company FullStack Modular LLC.

Owners of Two Connected Midtown South Buildings Refinance Property
The owners of two connected Midtown South Buildings have secured $430

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