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5-Star Mobile Home Parks
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Warehouses
Wineries

 
 
 

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
7/5/20

Joint venture formed to explore and develop Russia's Orenburg Oblast
Posted on Wednesday July 01, 2020

Gazprom Neft, Lukoil, and Tatneft have established a joint venture, New Oil Production Technologies LLC, for exploration and production of hydrocarbon reserves in Russia’s Orenburg Oblast, including the Savitsky and Zhuravlevsky license blocks.

Equinor issues letter of intent for Askeladd Vest development
Posted on Tuesday June 30, 2020

Equinor issued a letter of intent to Aker Solutions to deliver the subsea production system for the next phase of the Askeladd natural gas development in the Barents Sea.

Vintage Energy wins new permit in Cooper basin
Posted on Tuesday June 30, 2020

Vintage Energy Ltd. will begin work leading to acquisition of about 100 sq km of 3D seismic on an exploration permit in the southwest Cooper basin of South Australia immediately south of Warrior oil field.

Gazprom advances Arctic shelf development with start of ice-resistant platform construction
Posted on Friday June 26, 2020

Construction of an ice-resistant platform (ICP) for Gazprom’s Kamennomysskoye-Sea field on the Arctic shelf has begun.

ADX Energy prepares Romania well flow test
Posted on Friday June 26, 2020

ADX Energy Ltd., Perth, has completed workover rig mobilization and set-up at its lecea Mica-1 (IMIC-1) gas well onshore Romania in preparation for a flow test.

Wall Street Journal
Commercial News

7/5/20

WSJ.com: US Business

Takeout Over Cafes: Pandemic Shapes Consumption Habits
U.S. spending data reflect recent reopenings, with consumers cutting back on some online grocery purchases, choosing takeout and flocking to hair salons and furniture stores. But shopping patterns indicate concern amid increases in coronavirus cases.

Facebook, Twitter, Google Face Free-Speech Test in Hong Kong
U.S. tech titans face a looming test of their free-speech credentials in Hong Kong as China?s new national-security law for the city demands local authorities take measures to supervise and regulate its uncensored internet.

Wirecard's No. 2 Was Key to the Firm's Rapid Rise. Then He Disappeared.
Jan Marsalek, Wirecard?s longtime chief operating officer, stopped responding to messages from colleagues when the electronic-payments giant ran into trouble. The company still doesn?t know where he is.

Gasoline Is Cheap This July Fourth. Fuel Retailers Aren't Complaining.
Drivers hitting the road over July Fourth weekend are poised to enjoy the cheapest holiday gasoline prices in years, but the gas stations are doing OK, too.

Home Caregivers Shoulder Burden in Covid-19 Fight
While toiling for low wages, home caregivers can find themselves?and their elderly clients?at risk of coronavirus infection. ?This is extremely hard work,? one worker says.

China's Economy Regains Strength After Strict Coronavirus Measures
Economic activity is gathering momentum in China, a raft of survey data showed, the latest sign that Beijing?s uncompromising approach to the coronavirus pandemic is starting to pay dividends even as the U.S. shuts down swaths of its economy in a struggle to contain the virus.

U.S. Unemployment Rate Fell to 11.1% in June
The employment report, based on survey data largely collected in mid-June, doesn?t reflect recent government-mandated business closures and related layoffs in response to the coronavirus.

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