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Hospitality Financing

 

With over 31 years of experience in the commercial finance industry and access to numerous lending products and services designed specificially for the hotel and resort industry, we are a leading provider of capital to a increasing number of owners, commercial developers, and operators. Ocean Pacific Capital not only provides the best hospitality financing solutions efficiently, but also at competitive rates. Whether you are looking to build and construct new hotels, acquire an exisiting hotel, relocate, or refinance a current hotel, we have the programs specifically structured and tailored to meet your needs. We will also consider mezzanine debt pieces, bridges, and equities. We provide hospitality financing across the nation with loan amounts starting at $500,000 to $1.3 billion plus for larger transactions. Although pricing is based upon the quality of the real estate and the credit strength of the deal, our close relationships to the lenders allow us to have competitive pricing. For first position debt, we offer up 75% LTV and up to 90% LTV with mezzanine, construction, and bridge debt. We strive to accommodate and meet our clients needs so give us a call or email us today for your hospitality financing needs..


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

 


Daily Oil & Gas and Wall Street Journal News
9/22/20

Strike begins new appraisal program at West Erregulla
Posted on Monday September 21, 2020

The 50-50 joint venture of Strike Energy Ltd. and Warrego Energy Ltd. in onshore North Perth basin permit EP469 began the first of three new appraisal wells on West Erregulla gas field.

Wellesley Petroleum drills dry hole in North Sea PL 829
Posted on Friday September 18, 2020

Wellesley Petroleum AS drilled a dry hole in North Sea production license 829, about 75 km north of Gjøa field and 60 km northwest of Florø in 211 m of water.

Vintage completes Vali development concept
Posted on Thursday September 17, 2020

The Vintage Energy Ltd.-led joint venture in southwest Queensland Cooper basin permit ATP 2021 completed the development concept for Vali gas field.

BW Energy plans Hibiscus-Ruche development via converted jack up
Posted on Wednesday September 16, 2020

BW Energy provided an alternative development plan for Hibiscus-Ruche, in the Dussafu Marin permit and associated Ruche Exclusive Exploitation Area offshore Gabon.

Theia Energy moves Great Sandy Desert exploration project forward
Posted on Monday August 31, 2020

Theia Energy has entered a land use agreement with the Karajarri Traditional Lands Association enabling the company to move forward with its unconventional oil and gas exploration plans in the onshore Canning basin permit EP 493.

Wall Street Journal
Commercial News

9/22/20

WSJ.com: US Business

Quibi Explores Strategic Options Including Possible Sale
The streaming-video service, founded by Hollywood mogul Jeffrey Katzenberg, has struggled to sign up subscribers in a competitive online-video marketplace.

Activist Trian Fund Management Takes Stake in Comcast
Trian Fund Management has taken a stake in Comcast in a bet that the cable giant?s shares are undervalued. Comcast is one of the biggest companies ever targeted by an activist.

Microsoft Buys Doom Owner in $7.5 Billion Videogaming Deal
Microsoft said it would buy the parent company of videogame publisher Bethesda Softworks for $7.5 billion in cash.

Tiffany, LVMH Trial Set for Early January
Tiffany sued LVMH earlier this month after the French luxury-goods company said it couldn?t proceed with its $16.2 billion takeover of the U.S. jeweler.

TikTok's Zero Hour: Haggling with Trump, Doubts in China and a Deal in Limbo
After months of maneuvering over the future of TikTok, it took last-minute phone calls to persuade President Trump to sign off in principle on the outlines of an agreement to keep the app operating in the U.S. Even that outcome?an M&A deal like no other?remains uncertain.

U.S. Household Net Worth Hits Highest Level Ever
The net worth of American households and nonprofit organizations jumped 6.8% in the second quarter from the first, to $118.96 trillion.

CBO Downgrades Long-Term Projections of Economic Growth
The federal government has the capacity to borrow more if Congress chooses, despite high and rising federal debt, Congressional Budget Office Director Phillip Swagel said.

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