Since 1977, we have specialized in offering the best non recourse commercial mortgage rates in the market.
Call us toll-free at 1-800-595-1474
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5-Star Mobile Home Parks
Apartments
Apartment Buildings
Assisted living facilities
Auto repair garages
Boutique hotels
Car dealerships
Care facilities
Car wash facilities
Casinos
Church financing
Congregate care
Drugstores
Walgreens
CVS Pharmacies
Rite Aid
Energy
Ethanol plants
Factories
Factory outlets
Franchises
Gas stations
Golf courses
Grocery stores
Hospitality
Hotels
Housing developments
Independent living facilities
Industrial parks
Land acquisitions
Manufacturing facilities
Medical facilities
Medical offices
Mini storage
Mixed use
Mobile home parks
Movie theaters
Office buildings
Offices
Parking garages
Post Offices
Private schools
Raw land
Regional malls
Residential subdivisions
Resorts
Restaurants
Retail centers
RV parks
Senior housing
Shopping centers
Ski resorts
Special use buildings
Strip centers
Student housing
Tract development
Warehouse distribution centers
Warehouses
Wineries

 
 
 

Non Recourse Commercial Mortgage

A non recourse commercial mortgage loan is a type of secured loan that is secured by collateral, such as a commercial property, that the borrower is not personally liable. Therefore, if the borrower defaults on the loan, the lender can confiscate the property as collateral. However, the lender's recovery is limited to the collateral. This is due to the fact that if real estate prices have dropped, causing the value of the property to fall and thus, does not cover the entire remaining loan balance, the lender loses money on that difference. These loans are typically only limited to 80% or 90% loan to value ratio to prevent over-collateralization of the loan. Since 1977, Ocean Pacific Capital has offered non recourse commercial mortgage across the nation for acquisition or refinance of existing properties, income-producing and owner occupied. Commercial properties that that eligible are multi-family, mixed-use, office, retail, industrial, hotels, apartments, self-storage, and hospitality. Transaction sizes start at $500,000 and up to no upper limit. Our experience in this industry allows us to offer our clients the most competitive rates available in the market. We have helped numerous real estate developers, investors, and businesses obtain necessary financing through non recourse commercial mortgage. Let us help you. For more information or to see if you qualify, email or call our commercial loan specialists today.


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

 


Daily Oil & Gas and Wall Street Journal News
3/25/19

Brazil Prepares for 16th Licensing Round
Posted on Sunday March 24, 2019

The Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) has scheduled its 16th Round of Bids for exploratory blocks for Oct. 10.

Oil Prices Start the Week Mixed
Posted on Sunday March 24, 2019

The WTI inched downward and the Brent finished slightly positive.

Commodity Traders Face Bribery and Corruption Probes
Posted on Sunday March 24, 2019

The biggest independent oil and metals trading houses are facing bribery and corruption investigations in multiple jurisdictions.

Part of Houston Ship Channel Reopens
Posted on Sunday March 24, 2019

The US Coast Guard has ordered pilots to stay at least 30 minutes apart as clean-up continues.

Tenaris to Buy IPSCO Tubulars for $1.2B
Posted on Sunday March 24, 2019

Steel pipe manufacturer Tenaris S.A. has entered into a definitive agreement to acquire IPSCO Tubulars, Inc. for $1.2 billion.

Crude Oil Wavers Amid Recession Fears
Posted on Sunday March 24, 2019

Anxious traders weighed a slowdown in the global economy.

$77B Earmarked to Boost China's Domestic Oil Output
Posted on Sunday March 24, 2019

China's big three -- PetroChina Co., Sinopec Corp. and Cnooc Ltd. -- are raising combined capital expenditure to about 517 billion yuan ($77 billion), up 18 percent from last year.

RockRose Energy Offers to Buy IOG Debt
Posted on Sunday March 24, 2019

London-based RockRose Energy plc made an offer to buy all of Independent Oil and Gas plc (IOG) debt for £40 million (about $53 million USD) cash.

West African Country Eyes Licensing Wrap-up by June
Posted on Sunday March 24, 2019

Ivory Coast's government is in talks with French and Italian majors

North Sea Oil Output to Drop
Posted on Sunday March 24, 2019

Oil output in the North Sea will drop in May and June.

Wall Street Journal
Commercial News

3/25/19


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