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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

12/7/22

WSJ.com: US Business

Washington Post Considers Selling Its Tech Business
The company is exploring a spinoff or sale of Arc XP, an in-house publishing tool that it has turned into a broader software business.

Elon Musk's Release of Documents Triggers Twitter Lawyer Jim Baker's Exit
Elon Musk said a top Twitter lawyer ?was exited,? part of the fallout from the billionaire?s unusual release of internal communications to criticize prior practices at the company.

A Book on Elon Musk's Twitter Takeover Is Already in the Works
?Breaking Twitter? by Ben Mezrich, who wrote the book behind ?The Social Network,? is the latest example of quick books on current events.

TikTok Faces U.S. Clampdowns After South Dakota Restrictions
The app was banned from the state?s agencies over national-security concerns stemming from its Chinese ownership. Other states are following suit.

Apple Plans New Encryption System to Ward Off Hackers and Protect iCloud Data
?Advanced Data Protection? would offer end-to-end encryption on iCloud backups, Notes, Photos and other Apple services?a step that may draw ire from law enforcement.

What's Going On With the Housing Market?
Home buyers and sellers are trying to make sense of a downturn that?s full of contradictions: Demand has seized up but supply is still low; prices are sliding but not plummeting; and no one can agree on what comes next.

U.S., Europe Need a Grand Bargain on Semiconductors and EVs to Counter China
Allies complained U.S. electric-vehicle subsidies mistreat them, yet rebuffed requests from the U.S. to join its restrictions on chip exports to China.

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