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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

10/17/21

WSJ.com: US Business

Moderna Vaccine for Adolescents Delayed for FDA Review
Moderna asked the Food and Drug Administration in June to expand use of the company?s Covid-19 vaccine to 12-to-17-year-olds, but the agency has held off while it looks into the risk of myocarditis, a rare heart condition.

J&J Covid-19 Booster Shot Endorsed by FDA Advisers
A panel of outside doctors and experts voted 19-0 to recommend that all adults who received a first dose of the Johnson & Johnson vaccine should get the second dose at least two months later.

California Scrambles to Find Electricity to Offset Plant Closures
The state is contending with the coming loss of gas-fired power plants and its last remaining nuclear facility in a planned transition to renewable energy.

Three Years After First 737 MAX Crash, Fallout Continues for Boeing and Victims
The indictment of a former technical pilot is first time an individual has faced charges related to the accidents. The company previously reached a $2.5 billion settlement with the government.

Today's Tech Founders Don't Just Own the Company. They're Also Getting Huge Pay Packages.
Startup creators once tended to take little or no remuneration as CEOs. Now, some are getting giant stock awards, making them among America?s best-compensated corporate chiefs.

Inflation Sets Off Alarms Around the World
More than a dozen central banks have raised interest rates but two that haven?t are those that loom largest over the global economy: the Federal Reserve and the European Central Bank.

Largest Cities Had Some of the Lowest U.S. Inflation Rates
New York City, Los Angeles and Chicago were below the national level in September while rural areas grappled with increases in gasoline and vehicle prices.

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