Office building loans are a specific type of commercial loan that is in particular for office buildings and financed through a commercial mortgage. Since 1977, Ocean Pacific Capital has specialized in commercial loans, with a core focus on office building loans. While the paperwork and process of obtaining the loan may seem complicating, challenging, and daunting, we are here to set you on a clear and simplified path. Some of the documents that may be required for qualification of an office building loan include: previous two years' tax documents, profit and loss statements for the past two years, balance statements from the last two years, and income statements from the past two years. Our experience in this industry also allows us to offer one of the lowest and most competitive rates. We offer financing starting at $500,000 to over $1.3 billion plus. Fixed and adjustable rates are also available and can be amortized up to 30 years. Unlike traditional personal mortgages, the financial history of a business or corporation plays a large role in obtaining an office building loan. Also, the value of the property or commercial real estate, outweighs the size of the property. We pride on our ability to surpass our clients' expectations. We helped numerous real estate developers and investors in acquiring an office building loan that best suited their needs. For more information or to start the process today, email us or call us today to speak to one of our experienced commercial loan specialists. We look forward to working with you.
Whatever
your financing needs,
we will tailor a loan that's right for you.
Daily Oil & Gas and Wall Street Journal News
9/26/18
SK Innovation Co. is increasing purchases from America to make up for the drop in Iranian oil shipments before US sanctions come into effect, according to a company spokesperson.
Additional tariffs announced recently by the Chinese government won't have a significant impact on US LNG exports over the next few months, according to a new report.
India is not planning to buy any crude oil from Iran in November, raising the prospect that Tehran will lose another major customer as U.S. sanctions hit.
W&T Offshore shares an update on its JV drilling program and plans to sell Permian interests for $56.8 million.
Wall Street Journal
Commercial News
9/26/18
WSJ.com: Commercial Real Estate
Sportswear-Maker Puma to Open New York Flagship Germany?s Puma has signed a lease deal to creating a marquee location on Fifth Avenue that will be the first of its kind for the company in North America.
Kushner Cos., Brookfield Near a Deal for Stake in 666 Fifth Ave. The real estate arm of Brookfield Asset Management is in advanced talks with Kushner Cos. to buy roughly a 50% stake in 666 Fifth Ave. and invest hundreds of millions of dollars in the Manhattan office tower, which has been at the center of a controversy over possible conflicts of interest involving Jared Kushner, President Donald Trump?s son-in-law and adviser.
Want to Buy a Luxury Hotel in the U.S.? Try China's Insurance Regulator When Chinese regulators seized control of Anbang Insurance, they took ownership of more than a dozen luxury U.S. hotels. Now, as the government looks to sell, it faces a problem: The buildings likely are worth less than what Anbang paid only a couple of years ago.
NYC Council Stops Midtown Tower Construction Work on an 800-foot-tall tower in East Midtown that has been under construction for six months was halted last week following a vote by the New York City Council to limit skyscrapers in the area,.
Malls Never Wanted Gyms. Now They Court Them Mall owners long treated gyms, massage parlors, and billiards halls as unwanted tenants that attracted lower-rent visitors who were unlikely to shop. Now they?re giving health clubs some of their best real estate.
BRE #:00619059
Charles Elfsten, President
Charles A. Elfsten
