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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.

 
 
 

Commercial News for 8/22/14

WSJ.com: Commercial Real Estate

Many Visitors but Few Tenants
Governors Island attracts many seasonal visitors but also faces many stumbling blocks in luring year-round tenants to the 172-acre off the southern tip of Manhattan.

Unions, Activists Align on Affordable Housing
A group of New York City construction unions have forged a coalition with affordable housing activists to ratchet up pressure on Mayor Bill de Blasio to require organized labor in the building of 80,000 lower-cost apartment units over the next decade.

Casinos Chase New York City Proximity
With three failing Atlantic City casinos slated to close their doors within the next month, officials near New York City are pushing shiny new gaming facilities harder than ever.

U.S. Home Size Levels Off, for Now at Least
The two-year trend of big houses getting even bigger appears to have peaked?at least for now?as more buyers seeking modest homes enter the market.

Marilyn Drank Here: Dive Bar Fights for Life
The owners of the Subway Inn, a dive bar on East 60th Street which, legend has it, quenched the thirst of Marilyn Monroe, wants a show of community support to help them avoid being evicted by a real estate development firm.

Hyatt Leads New Luxury Wave
A sign that luxury travel is back: a flurry of new $900-a-night hotels. A flagship for the Park Hyatt brand in New York set to open next week is leading the charge.

Warming to Rentals in China
The glut of vacant homes across China owned by small investors has fueled a cottage industry: companies that help owners rent their homes for short-term stays.

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