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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

3/2/21

WSJ.com: US Business

Target Keeps Growing at Rivals' Expense
The retailer?s holiday sales rose solidly, capping off a year when revenue increased more than it had in the previous 11 years combined.

Kohl's Is 'Way Ahead' of Activist Investors, CEO Says
The retail chain said it would restart share buybacks and dividends and spend at least $550 million on capital expenditures during new fiscal year.

Puff Bar Defies Fruity E-Cigarette Crackdown
In an effort to sidestep FDA rules on fruity, disposable vaporizers, e-cigarette brand Puff Bar says it is using nicotine that isn?t derived from tobacco.

Biden Says U.S. to Have Vaccines for All Adults by End of May
The president says he wants states to give priority to educators, school staffers and child-care workers, calling on states to provide at least one shot to those workers by the end of March.

CVS, Walgreens Look for Big Data Reward From Covid-19 Vaccines
Chains are collecting data from millions of customers as they sign up for shots, enrolling them in patient systems and having recipients register customer profiles.

Senate Democrats Iron Out Details on Covid-19 Aid Package
Senate Democrats sought to bridge differences over jobless benefits, aid for state and local governments and $1,400 direct payments as they aim to complete a $1.9 trillion coronavirus relief package and pass it through their chamber in the coming days.

Is Inflation a Risk? Not Now, but Some See Danger Ahead
Though slack in the economy and a vigilant Fed currently keep prices well in check, some influential economists say political pressure and a new emphasis on maximizing employment could test the central bank?s resolve to raise rates by enough when inflation risks emerge.

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