Ocean Pacific Capital has specialized in commercial mortgage loans for over 3 decades with an emphasis on student housing loans.
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STUDENT HOUSING FINANCING

For over 3 decades, one of Ocean Pacific Capital's specialities has been student housing financing in the world of commercial mortgage loans. If you have been looking for a loan for your property near a college campus, you've come to the right place.

With the yearly increase in students attending colleges and requiring a place to live near campus, we will help you find a solution to your scenario whether it's across from an Ivy league school or a standard university. Also, these days many more students are pursuing master's degrees and PHDs, thereby increasing the demand of student housing. Ocean Pacific Capital has been at the forefront of this growing need for structured student housing financing.

Our loan rates include interest only and fixed rate. Regardless of whether you plan on purchasing a student housing building, constructing one, or simply refinancing an existing loan, we can find the right solution to meet your needs. Our commercial mortgage debt coverage ratios are as low as 1.05 to 1.35. The term of the loan includes 5,10, 20, 25, to 30 year, and the loan to cost is up to 100% as well as loan to value up to 90% ratios.

With loan amounts starting at $1 million to $1.3 billion, your project will probably fit with our range. With our experience in the commercial mortgage industry since the late 70's, we have gathered a network of various lenders. Please give us a call today at 1-800-595-1474 or fill out our contact form to present us with your student housing financing scenario.


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

 
 
 

Wall Street Journal
Commercial News

11/23/20

WSJ.com: US Business

AstraZeneca-Oxford Vaccine Up to 90% Effective in Trials
The success of the vaccine being developed by the University of Oxford and AstraZeneca bodes well for the near-term availability of a third treatment for Covid-19, joining those from Moderna as well as Pfizer and BioNTech.

Merck to Buy OncoImmune for $425 Million Amid Race for Covid-19 Treatments
The drugmaker is buying biopharmaceutical company OncoImmune, which has reported positive results from a late-stage study of a coronavirus therapeutic candidate, for $425 million in cash.

GM Stops Backing Trump Administration in Emissions Fight With California
General Motors will no longer back the administration in its legal battle to strip California?s authority to set its own fuel-efficiency regulations, saying GM?s goals for green cars are aligned with the state and the new Biden administration.

GM to Recall 5.9 Million Vehicles With Takata Air-Bag Inflaters
General Motors has agreed to replace potentially faulty Takata air-bag inflaters in millions of its pickups and SUVs, a fix ordered by federal safety regulators that could cost the auto maker more than $1 billion.

Amid Coronavirus Surge, Holiday Shoppers Flock to Malls
Americans visited malls over the weekend saying they wanted to do Christmas shopping before potential lockdown restrictions are implemented or to avoid Black Friday crowds, as the spreading coronavirus looms over the holiday season.

Biden Picks Janet Yellen for Treasury Secretary
President-elect Joe Biden plans to nominate former Federal Reserve Chairwoman Janet Yellen, an economist at the forefront of policy-making for three decades, to become the next Treasury secretary.

U.S. Economic Activity Picks Up on Postelection Lift, Vaccine Results
The U.S. economy continues to recover from the downturn caused by the pandemic, according to business surveys that show services and manufacturing activity growing, while surveys show the European economy is set for a fresh contraction in the final quarter of 2020.

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