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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.

 

Wall Street Journal
Commercial News

3/4/21

WSJ.com: US Business

GM Looking to Build Second Battery Factory in U.S.
General Motors and joint-venture partner LG Chem are close to completing a decision to locate the plant in Tennessee, said people familiar with the matter.

eBay Is Removing Dr. Seuss Books Deemed Offensive
EBay is working to prevent the resale of six Dr. Seuss books pulled this week by the company in charge of the late author?s works because they contain offensive imagery.

Gap CEO Predicts Apparel Rebound as People Emerge From Covid-19
Gap executives said consumers are eager to buy the kinds of apparel that they have been able to forgo during much of the Covid-19 pandemic.

Costco Sales Rise 15% in Latest Quarter
The wholesale retail chain?s sales climbed again as Americans continue to shop for food and goods for the home during the pandemic.

Square to Buy Majority Stake in Jay-Z's Tidal Platform
The San Francisco payments company said Jay-Z will join its board as part of the $297 million cash-and-stock deal, and Tidal?s current shareholders will remain co-owners.

Powell Confirms Fed to Maintain Easy-Money Policies Until Economy Recovers
Federal Reserve Chairman Jerome Powell reaffirmed his intention of keeping easy-money policies in place until the labor market improves much further, but provided no sign the central bank will seek to stem a recent rise in Treasury yields.

China Sets 2021 GDP Growth Target at Over 6%
The goal is comfortably lower than most economists? consensus expectations for the world?s second-largest economy to  grow by 8% or more this year.

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