Since 1977, we have specialized in offering the best non recourse commercial mortgage rates in the market.
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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.

 

Wall Street Journal
Commercial News

5/28/22

WSJ.com: US Business

Big Lots, Hibbett Become Latest Retailers to Show Inflation Pain
Big-box chain Big Lots and sporting-goods retailer Hibbett saw double-digit sales declines as higher prices across the spectrum dent shopper spending power.

SEC Confirms Probe Into Elon Musk's Disclosure of Twitter Stake
The agency is asking the Tesla CEO why he didn?t make the required filing within 10 days after his Twitter stake crossed the 5% threshold.

Shoppers Are Fretting. Stores Are Listening.
Consumers are growing cautious, and companies from Walmart to Procter & Gamble are altering course to reflect changing budgets.

Flight Cancellations Pile Up Ahead of Holiday Weekend
Airlines are facing weather-related disruptions and grappling with staffing shortages as the Memorial Day holiday presents carriers with a first test in the run-up to an expected summer travel boom.

China Smartphone Demand Weakens Amid Covid Resurgence
From Apple to chip makers, companies warn of fewer shipments and weaker consumer spending in the world?s biggest smartphone market.

Household Spending Rise Leans on Savings
U.S. households boosted spending for a fourth straight month in April, but the savings rate fell to the lowest in 14 years, suggesting many Americans are tapping savings to offset cost increases from inflation.

Inflation Eased Slightly in April, According to Fed's Preferred Measure
Consumer prices rose 6.3% in April from a year earlier, down from 6.6% in March, as measured by the Commerce Department?s personal-consumption expenditures price index, but remained near a four-decade high.

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