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Land Acquisition Financing

 

The acquisition and development of real estate can be an intimidating and overwhelming process even without the process of obtaining financing for it.

With over 31 years of experience in the commercial finance industry and access to numerous lending products and services designed specifically for land acquisition financing, we are committed to providing the financing you need, efficiently and cost effectively to ensure that the process goes smoothly. Whether your plans include a single unit commercial building, a whole commercial development, or a housing development, we can help you make it happen.

To get started on land acquisition financing, some documents that may be necessary are: an executive summary for the project with capital requirements, the construction plans and budgets, the previous two years’ complete trailing income statements and balance sheets, as well as three years of tax returns for the organization. To meet your cash flow requirements, we have loan amounts available from $500,000 to $1.3 billion plus with competitive rates and flexible payment schedules amortized over various terms.

Ocean Pacific Capital can tailor a loan program that will meet your cash flow requirements and time frame. Our services are also available if you wish to convert your land acquisition loan into permanent financing. We’ve offered financing across the nation over the past 31 years and continue to offer the most competitive construction, acquisition, development, and permanent financing. Email us or call us today and let us help you get the best land acquisition financing.


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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