Looking for a hotel loan? Ocean Pacific Capital has over 31 years of commercial lending experience you need for a hotel loan. Whether you need to refinance your current hotel loan or acquire a hotel loan, Ocean Pacific Capital can tailor the hotel loan to fit your needs. Hotel loan financing for new construction and hotel loan financing for the purchase of an existing hotel is also available. Obtaining a hotel loan requires proof of a profitable operating and occupancy history of the hotel. With access to over 87 aggressive direct hotel loan lending sources, Ocean Pacific Capital has the best hotel loan rates and hotel loan terms. Loan amounts on hotel loans can range from $500,000 to $1.3 billion. Fixed rates on hotel loans are also available as well as hotel loans with adjustable rates. Debt coverage ratios for hotel loans start at 1.10 and up. Hotel loan financing is available nationwide with the most competitive rates. We realize that every hotel loan financing scenario is unique and different. We strive to accomplish your requests, whether you are refinancing a hotel loan, hotel purchase loan, or just need extra cash out from your hotel loan or hotel mortgage.
For current hotel loan interest rates or to discuss the prospects of a hotel loan, call us toll-free at 1.800.595.1474. Make Ocean Pacific Capital your hotel loan financing solution.
Whatever
your financing needs,
we will tailor a loan that's right for you.
Daily Oil & Gas and Wall Street Journal News
9/20/20
Wellesley Petroleum AS drilled a dry hole in North Sea production license 829, about 75 km north of Gjøa field and 60 km northwest of Florø in 211 m of water.
BW Energy provided an alternative development plan for Hibiscus-Ruche, in the Dussafu Marin permit and associated Ruche Exclusive Exploitation Area offshore Gabon.
Theia Energy has entered a land use agreement with the Karajarri Traditional Lands Association enabling the company to move forward with its unconventional oil and gas exploration plans in the onshore Canning basin permit EP 493.
Triangle Energy (Global) Ltd., Perth, has raised $2.2 million (Aus.) through a share placement and intends to raise a further $1 million via a share purchase plan to current shareholders.
Wall Street Journal
Commercial News
9/20/20
WSJ.com: US Business
TikTok Deal Faces Questions Over Security, Ownership An emerging deal to make China?s popular TikTok app a U.S.-based company stands to reshape the social-media landscape, even as questions persisted Sunday over security concerns and ownership of the new company.
China Has Reasons to Like TikTok's Trump-Approved Deal A White House-approved plan to transform TikTok into a U.S.-based company would keep the operation of the viral short-video app, and likely the algorithm that has powered its rise, in Chinese hands. This structure improves the deal?s chances of finding favor in Beijing, which had threatened to veto a sale.
WeChat Ban Blocked by Federal Judge in Ruling Against Trump Administration A federal judge temporarily blocked the Trump administration?s executive order curbing Americans? use of WeChat, agreeing with free-speech arguments raised by users of the popular Chinese-owned messaging and e-commerce app.
Meat Was Once in Short Supply. Now, It's on Sale. Prices for meat are falling at grocery stores as last spring?s shortages fade and livestock clog farms, benefiting consumers but hurting meatpackers and farmers already hit by Covid-19 disruptions.
CEOs Start to Place Big Bets as Pandemic Grinds On As the coronavirus?s spread continues in the U.S. and abroad, businesses have concluded they?ll coexist with it for some time. So they are reviving stalled operational plans, changing leaders and reissuing financial targets.
Pandemic Threatens to Widen Racial Homeownership Gap The housing market has led the recovery from the pandemic-induced economic downturn as Americans have rushed to buy homes, but some analysts warn it may widen the longstanding gap in homeownership between Black and white Americans.
Jobless Rates in Northeast, West Are Highest in Nation Unemployment rates in regions across the U.S. moved down this summer after peaking in April, when the coronavirus first triggered widespread lockdowns. Still, jobless rates clocked in above 10% in 10 states.
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Charles Elfsten, President
Charles A. Elfsten
