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Grocery Store Financing

 

Ocean Pacific Capital understands the importance of a grocery store in a community, whether it is a family-owned and independent grocery store or a well-known large supermarket. Especially in rural communities without the existence of a grocery store, finding the best grocery store financing can be complex. At Ocean Pacific Capital, we specialize in flexible, high leverage financing for grocery stores across the United States. Since 1977, we have helped many grocery store owners, whether independent or franchise, obtain the necessary financing. We offer loan amounts ranging from $500,000 to $100 million plus and loan-to-value ratios of up to 90%. Based on the credit ratings offered by the government, the better the rating, the lower and more competitive the rate (AAA-AA rating). Regardless of the credit ratings, Ocean Pacific Capital still offers one of the most competitive rates on commercial loans. Loan terms are available from 5, 10, 15, 20, and 30 years. Call us or email us today and see what we can do for your grocery store financing needs!


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

 


Daily Oil & Gas and Wall Street Journal News
8/15/18

Citgo to Resume Aruba Refinery's Refurbishing Work Next Month
Posted on Tuesday August 14, 2018

A unit of Citgo Petroleum in September plans to resume long-delayed work to refurbish an idled, 235,000-barrel-per-day (bpd) oil refinery on Aruba, the Caribbean island's government said.

Oil Tumbles on Surprise Build in US Crude Inventories
Posted on Tuesday August 14, 2018

Oil futures slide, with U.S. crude settling 3 percent lower after government data showed a surprise weekly increase in domestic crude stockpiles, compounding worries about the global economic growth outlook.

Chinese Oil Importers Shun US Crude Despite Tariff Reversal
Posted on Tuesday August 14, 2018

Chinese oil importers are shying away from buying US crude.

Colombia's Ecopetrol Cuts Planned 2018 Spending To $3-3.5B
Posted on Tuesday August 14, 2018

Ecopetrol says it will invest $3 billion to $3.5 billion during 2018.

EIA: US Crude Oil Stockpiles Rise Unexpectedly In Week
Posted on Tuesday August 14, 2018

US crude stocks rose unexpectedly last week, while gasoline stocks decreased and distillate inventories grew, EIA says.

Oil Companies Make Few Bids In US Offshore Lease Auction
Posted on Tuesday August 14, 2018

Oil companies bid on less than 1% of the parcels offered in a sweeping US auction of Gulf of Mexico exploration leases.

Jacobs Wins Saudi Arabia Contract Renewal
Posted on Tuesday August 14, 2018

SATORP has granted Jacobs ZATE a two-year contract extension to provide general engineering services.

Exec: Upstream Culture Looking More Downstream
Posted on Tuesday August 14, 2018

Pressure to drive down breakeven cost contributes to upstream culture shift.

Diamondback's Energen Acquisition Will Create Synergies in Permian
Posted on Tuesday August 14, 2018

Diamondback's purchase of rival Energen signifies a move toward consolidation, according to Rystad Energy.

Shell Cranks Up Zydeco Open Season
Posted on Tuesday August 14, 2018

Shell is officially seeking binding commitments for firm capacity on its Zydeco crude oil pipeline.

Wall Street Journal
Commercial News

8/15/18

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.

Sign of the Times: New Office Space Created in Retail's Tumult
Normandy Real Estate Partners? $133 million deal for the upper portion of ABC Carpet?s flagship store is an example of office space edging into territory that once was retail?s domain.

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.

New York's Commercial Property Slump Shows Signs of Slowing
After a two-year plunge, brokers are optimistic that more deals will take place in 2018.

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
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