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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.

 

Wall Street Journal
Commercial News

7/31/21

WSJ.com: US Business

Big Oil Companies, Back in the Money, Keep Spending Tight
Exxon and Chevron reported strong profits as some economies recover from the pandemic, but the oil giants, like their European counterparts, preach capital discipline.

In Massachusetts, the Fight Is On Over Natural-Gas Bans
The state is a hot spot in the battle over phasing out gas for home cooking and heating in favor of electricity, with opponents worried about higher costs and unfamiliar technologies.

Procter & Gamble Warns of Higher Costs and Slower Sales
The consumer goods company gave a somber outlook for the year ahead, predicting slower sales and historically high costs for raw materials and transportation as inflation picks up and the global health crisis continues.

Walmart, Disney to Require Vaccines for Some U.S. Staff
Walmart and Disney are requiring thousands of their U.S. workers to get vaccinated for Covid-19 amid a shift in federal health guidelines and rising U.S. cases in recent weeks.

Elon Musk's 'Delivery Hell'
September of 2018 was a do-or-die moment for Tesla. The auto maker?s CEO had staked the company?s future on a promise to deliver huge numbers of cars by the end of the month?and a quarterly profit. But getting the vehicles to customers in time wasn?t easy.

Household Spending Rose in June, Before Delta Upswing
While some local governments and businesses reinstate Covid-19 rules, economists expect consumers to continue opening their wallets.

Fed's Brainard Says Labor Market Hasn't Satisfied Goals for Reducing Bond Purchases
Fed governor Lael Brainard says the labor market is, however, on track to reach a key threshold around the end of the year.

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