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5-Star Mobile Home Parks
Apartments
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Assisted living facilities
Auto repair garages
Boutique hotels
Car dealerships
Care facilities
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Drugstores
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Mobile home parks
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Raw land
Regional malls
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Shopping centers
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Special use buildings
Strip centers
Student housing
Tract development
Warehouse distribution centers
Warehouses
Wineries

 
 
 

Nonrecourse Construction Loan

 

Since 1977, Ocean Pacific Capital has helped developers and investors find unique and competitive nonrecourse construction loans across the nation. Our access to the local, regional, national, and international construction lenders allows us to acquire the best loan for our clients. Regardless of size and shape of the project, we can find the right financing source for you. Depending on each case, the maximum loan to cost can range from 80% to 90% and the maximum loan to value can range from 70% to 80% of the completed value. Although most lenders usually only offer recourse construction loans, there are several lenders who offer nonrecourse construction financing for larger loan amounts. These nonrecourse construction loans are available for retail construction loans, office building construction loans, apartment construction loans, and industrial building construction loans. Ocean Pacific Capital provides a large range of loan programs to match our real estate developers and investors’ financing needs and requirements. Our resources are some of the most widespread in this industry, offering one of the most competitive rates and terms, which allows us to continually meet our clients’ expectations for over the past 31 years. We understand the goals involved with obtaining a nonrecourse construction loan. Whether those goals are short-term, long-term, to maximize cash flow, turn-around property, etc, we have the means to acquire the financing necessary to fulfill your goals. To learn more about this program or any other programs that we offer, email or call us today to contact our commercial loan specialists.


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

 

Wall Street Journal
Commercial News

9/18/21

WSJ.com: US Business

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