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
Call Us...Toll Free!

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
9/22/19

Oil Prices Up for the Week
Posted on Thursday September 19, 2019

An exciting week for WTI and Brent crude oil future has come to an end.

US Drillers Lose 18 Oil, Gas Rigs
Posted on Thursday September 19, 2019

The U.S. lost a net total of 18 oil and gas rigs this week.

Bahamas Terminal Returns to Full Ops
Posted on Thursday September 19, 2019

Buckeye Partners reported that it has resumed full operations at its Buckeye Bahamas Hub.

Permian Child Wells May Cut Oil Recovery By 20 Percent
Posted on Thursday September 19, 2019

Oil producers drilling so-called parent-child wells in the Permian Basin are risking the loss of 15% to 20% of the crude that can ultimately be recovered from those wells by spacing them too close together.

More Haynesville Gas Headed to Gulf Coast
Posted on Thursday September 19, 2019

Enterprise Products Partners will expand and extend its Acadian natural gas pipeline system linking the Haynesville Shale to the LNG market in South Louisiana.

McDermott May Sell Lummus
Posted on Thursday September 19, 2019

McDermott is considering selling all or part of its Lummus Technology business.

Aramco Reveals Damage to Giant Oil Field
Posted on Thursday September 19, 2019

Saudi Aramco revealed damage caused by an aerial strike on its Khurais oil field last weekend.

Volatile Market Expected to Continue in 2H
Posted on Thursday September 19, 2019

The oil and gas market is expected to continue to be volatile in the second half of 2019, Petronas notes.

Texas Coast Reels from Flooding
Posted on Thursday September 19, 2019

The remnants of Tropical Storm Imelda lashed Houston and coastal Texas, inundating homes, paralyzing travelers, disrupting oil supplies and threatening hospitals and refineries.

Risk of Further Saudi Attacks High
Posted on Thursday September 19, 2019

The risk of further high-impact attacks against Saudi energy infrastructure is high, according to Verisk Maplecroft.

Wall Street Journal
Commercial News

9/22/19

WSJ.com: US Business

This Company Has Filed 10,000 Appeals to Trump's Tariffs
President Trump has said China is paying the cost of tariffs, but many U.S. importers see them as threats and are racing to seek exemptions. One such company has filed nearly two-thirds of all appeals.

Oil Companies, Pushed to Address Climate, Disagree on How
As global leaders prepare to debate action on climate change at the United Nations, big oil companies are aiming to show that they are part of the solution to a problem they helped cause.

Deere Turns to U.S. After Growth Stalls Overseas
Deere?s incoming chief executive will take charge as the struggling tractor maker switches course from its sluggish global expansion to a narrower focus on its home U.S. market.

Uber, Lyft Drivers Torn as California Law Could Reclassify Them
Some gig-economy workers who drive for Uber and Lyft see downsides ahead with California?s new law that might label them as employees instead of independent contractors.

The War for Talent in the Age of Netflix
In the battle to dominate the new entertainment landscape, Hollywood?s titans are borrowing from Netflix?s playbook, transforming how they do business with writers, producers and stars?and how money is made in entertainment.

Powell's Subtle Messaging to Trump on Trade Fight
Fed Chairman Jerome Powell?s press conference this week carried a subtle message for President Trump: If you?re worried about an economic slowdown, find a way to cool down the trade war.

Pace of Growth Slowed for U.S. Household Net Worth in Second Quarter
The net worth of American households grew in second quarter, but at a slower rate than the prior quarter.

BRE #:00619059
Charles Elfsten, President
Charles A. Elfsten
Top| Contact| Privacy| Licensing| Site Map| Resources
DESIGNED AND
POWERED BY

Ocean Pacific Capital