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Land Acquisition Financing

 

The acquisition and development of real estate can be an intimidating and overwhelming process even without the process of obtaining financing for it.

With over 31 years of experience in the commercial finance industry and access to numerous lending products and services designed specifically for land acquisition financing, we are committed to providing the financing you need, efficiently and cost effectively to ensure that the process goes smoothly. Whether your plans include a single unit commercial building, a whole commercial development, or a housing development, we can help you make it happen.

To get started on land acquisition financing, some documents that may be necessary are: an executive summary for the project with capital requirements, the construction plans and budgets, the previous two years’ complete trailing income statements and balance sheets, as well as three years of tax returns for the organization. To meet your cash flow requirements, we have loan amounts available from $500,000 to $1.3 billion plus with competitive rates and flexible payment schedules amortized over various terms.

Ocean Pacific Capital can tailor a loan program that will meet your cash flow requirements and time frame. Our services are also available if you wish to convert your land acquisition loan into permanent financing. We’ve offered financing across the nation over the past 31 years and continue to offer the most competitive construction, acquisition, development, and permanent financing. Email us or call us today and let us help you get the best land acquisition financing.


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

 

Wall Street Journal
Commercial News

2/20/17

WSJ.com: Commercial Real Estate

Kroger Co. Gobbles Up Murray's Cheese
The supermarket giant has purchased the famous New York cheese store chain and its Greenwich Village flagship store for an undisclosed amount.

A High Line Plan Emerges in Newark, N.J.
A raised pedestrian bridge is one of the signature features of a 22-acre public-private redevelopment project called Mulberry Commons, recently unveiled by the city of Newark and developers.

Suburban Offices Woo Millennials With Food, Fitness and Fun
Office property owners in New York?s suburbs are working to attract millennial workforces with amenities like restaurants, hiking trails, fitness clubs and natural lighting.

Mumbai's Slums Make Way for Luxury Towers
In Mumbai, the land-starved financial capital of India where millions live in slums, developers are turning to rules that allow them to build upscale towers in exchange for providing housing to slum dwellers.

Mall Owners Rush to Get Out of the Mall Business
A surge in store closures is prompting some of the largest U.S. shopping-center owners to walk away from troubled locations rather than restructure their debts.

Investment Firm Taking Space in N.Y. College
Two Sigma Investments plans to open what it calls a collision lab at Cornell University?s technology campus now rising on Roosevelt Island.

Whole Foods to Open a Lower-Priced '365' Store in Brooklyn
Whole Foods Market plans to bring its lower-priced store chain, 365 by Whole Foods Market, to Brooklyn?s Fort Greene neighborhood.

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