For over 3 decades, one of Ocean Pacific Capital's specialities has been student housing financing in the world of commercial mortgage loans. If you have been looking for a loan for your property near a college campus, you've come to the right place.
With the yearly increase in students attending colleges and requiring a place to live near campus, we will help you find a solution to your scenario whether it's across from an Ivy league school or a standard university. Also, these days many more students are pursuing master's degrees and PHDs, thereby increasing the demand of student housing. Ocean Pacific Capital has been at the forefront of this growing need for structured student housing financing.
Our loan rates include interest only and fixed rate. Regardless of whether you plan on purchasing a student housing building, constructing one, or simply refinancing an existing loan, we can find the right solution to meet your needs. Our commercial mortgage debt coverage ratios are as low as 1.05 to 1.35. The term of the loan includes 5,10, 20, 25, to 30 year, and the loan to cost is up to 100% as well as loan to value up to 90% ratios.
With loan amounts starting at $1 million to $1.3 billion, your project will probably fit with our range. With our experience in the commercial mortgage industry since the late 70's, we have gathered a network of various lenders. Please give us a call today at 1-800-595-1474 or fill out our contact form to present us with your student housing financing scenario.
your financing needs,
we will tailor a loan that's right for you.
Daily Oil & Gas and Wall Street Journal News
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.