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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
1/21/18

Oil Prices Fall As Rally Falters On Growing US Output Concerns
Posted on Thursday January 18, 2018

Oil prices ended down on Friday and broke a four-week winning streak after a rally that had taken benchmarks to three-year highs.

Saudi's Refined Oil Exports Offset Crude Curbs
Posted on Thursday January 18, 2018

The share of Saudi Arabia's exports of refined oil products steadily rose throughout 2017, offsetting a drop in overseas crude oil sales.

IEA Sees Oil Markets Tightening As Venezuelan Output Collapses
Posted on Thursday January 18, 2018

Global oil markets are tightening quickly on falling supply from Venezuela, IEA says.

Ohio Again Asks US Regulators To Stop Drilling On Rover Natgas Pipe
Posted on Thursday January 18, 2018

Ohio environmental regulators asked federal energy regulators to order Energy Transfer Partners LP to cease drilling operations on the Rover natural gas pipeline.

US Refiners Are Riding High With Strong Margins, Tax Boost
Posted on Thursday January 18, 2018

US refiners are off to a strong start start in 2018, even as competitors elsewhere are hitting harder times.

Kemp: Peak Oil Demand And Its Implications For Prices
Posted on Thursday January 18, 2018

Even if oil consumption reaches a peak and then starts to fall, the world will still need large quantities of oil for many decades to come.

Decision On Oil Pact Could Come In Late Spring, Early Summer-Russian Dep PM
Posted on Thursday January 18, 2018

A decision on global oil output cuts could be made in late spring or early summer.

Schlumberger Profit Beats, Predicts Strong 2018 For Shale
Posted on Thursday January 18, 2018

Schlumberger expects another strong year for shale drilling in 2018 along with its first international business growth in four years.

Russia's Transneft: Oil Pipeline Fire Will Not Affect Export Schedule
Posted on Thursday January 18, 2018

A fire at the Samara-Tikhoretsk pipeline will not affect Russia's oil export schedule.

Mexico's Energy Opening Faces Test In Deepwater Oil Auction
Posted on Thursday January 18, 2018

An auction of deepwater oil and gas fields in Mexico this month may prove the last major opportunity for President Enrique Pena Nieto's government to capitalize on its opening of the energy sector.

Wall Street Journal
Commercial News

1/21/18

WSJ.com: Commercial Real Estate

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.

New Jersey Office Rents Near Records
Asking rents for New Jersey office space are nearing records as landlords undertake extensive renovations and fill older properties with top-notch amenities.

Brookfield Property Makes $14.8 Billion Offer to Acquire Rest of GGP
Brookfield Property Partners LP has made a $14.8 billion offer to acquire the shares of mall owner GGP Inc. that it doesn?t already own, according to people familiar with the matter.

'Little India' Thrives in Central New Jersey
Oak Tree Road, known as ?Little India,? has been transformed from a rundown and desolate area to a booming ethnic business district that attracts South Asian customers from Maine to Maryland.

NYC's Pearl River Mart Will Expand to Chelsea Market
Pearl River Mart, once a casualty of skyrocketing retail rents, is planning to open another 3,500 square-foot store at Chelsea Market in Manhattan.

Office Spaces Focusing More on Communal Areas
Businesses are beginning to design offices spaces that are increasing the amount of square footage per employee when shared work settings are taken into account.

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