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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

6/2/23

WSJ.com: US Business

Twitter Loses Second Safety Executive in Days
A.J. Brown, head of brand safety and ad quality, is leaving the company, the second departure of a top safety executive this week as concerns about policing content grow.

Exxon, Chevron Near Deals to Drill in Gas-Rich Algeria
The North African nation?s vast reserves and proximity to Europe make it attractive to the U.S. drillers that have huge cash troves to invest.

U.S. Labor Market Shows Resilience With Strong Hiring
The labor market has defied expectations of a slowdown this year with 339,000 jobs added in May. The unemployment rate rose to 3.7%.

JPMorgan Chase Working to Reverse Double Payments on Zelle
The bank apologized after some customers complained about duplicate transactions.

Times Square's Small Businesses Fight to Keep the Lights On
Office-district malaise lingers in the heart of New York City.

Mixed Signals in U.S. Jobs Report
May?s jobs report looked confusing, with the unemployment rate jumping to 3.7% yet the number of jobs soaring. But the underlying data still show surprising strength.

Jobs Report Is Unlikely to Resolve Fed Rate Debate
Friday?s rosy jobs report underscores a scenario where the Federal Reserve might decide to hold rates steady in June and then raise them later this summer.

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