Ocean Pacific Capital

10/18/2024

FAQ Friday: What is LIBOR?

The London Interbank Offered Rate (LIBOR) is a daily reference rate based on the interest rates at which banks borrow unsecured funds from banks in the London wholesale money market (or interbank market). It is roughly comparable to the U.S. Federal funds rate.
LIBOR can be defined as: The rate at which an individual Contributor Panel bank could borrow funds, were it to do so by asking for and then accepting inter-bank offers in reasonable market size, just prior to 11.00 London time.
This definition is amplified as follows:

• The rate at which each bank submits must be formed from that bank’s perception of its cost of funds in the interbank market.

• Contributions must represent rates formed in London and not elsewhere.

• Contributions must be for the currency concerned, not the cost of producing one currency by borrowing in another currency and accessing the required currency via the foreign exchange markets.

• The rates must be submitted by members of staff at a bank with primary responsibility for management of a bank’s cash, rather than a bank’s derivative book.

• The definition of “funds” is: unsecured interbank cash or cash raised through primary issuance of interbank Certificates of Deposit.
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10/09/2024

Ocean Pacific Capital has been providing tailored financing solutions for owners of unique commercial properties since 1977, with extensive experience in the area of auto repair garage financing.

Owning an auto repair garage requires a full time commitment, with the costs due to repairs, advertising, insurance and supplies taking up a large amount of running the garage. However, it is rewarding and profitable.

We understand the intricacies of your industry and can provide you with a custom loan program that meets all your auto repair garage financing needs. If you are looking to purchase, build, refinance, or expand, you have come to the right place.

If you are an investor in the United States, we can help you structure the loan that meets your needs. Call us today to speak to a qualified loan officer, or fill out our online form so we can offer you the very best auto repair garage financing.
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10/08/2024

Are you at a point in your business where you are ready to invest and expand? Ocean Pacific Capital can help you find the right financing options for you, whether it be for refinancing, expansion, or remodeling.

Take the leap today, and APPLY NOW for your commercial business loan. You can give us a call at either of our toll free numbers or apply on our website today!
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10/07/2024

Ocean Pacific Capital offers a nationwide lending advisory approach to managing financing for your assisted living facility. We’ve offered healthcare real estate financing for assisted living facilities since 1977 and counting.

Healthcare real estate loans include assisted living facilities, independent care facilities, skilled nursing facilities, medical office buildings, surgery centers, not-for-profit hospitals, and proprietary hospitals.
At Ocean Pacific Capital, we offer healthcare real estate loans ranging from $1,000,000.00 to $850,000,000.00 that are not only competitive, but also offer the very best pricing for assisted living financing.

If you are a borrower, owner or investor looking to finance health care real estate and have found the perfect location to build an assisted living property, Ocean Pacific Capital can also provide construction financing as well.

Ocean Pacific Capital will provide financing on all types of assisted living, senior housing facilities/properties as well as additions to elderly care properties.
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10/04/2024

FAQ Friday: What is EBITDA?
The term “EBITDA” stands for Earnings Before Interest, Taxes, Depreciation and Amortization. It is a financial tool often used to measure a company’s cash flow and ability to service its debt. It is a legitimate tool for analyzing lower-rated credits, but less appropriate for higher rated credits. To compute EBITDA, add back interest expense, depreciation expense, and amortization expense to pretax income.
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10/02/2024

Since 1977, Ocean Pacific Capital offers superior apartment building financing solutions, whether it is for purchases, new construction, cash outs or refinancing. We also provide other types of multi-family financing, including mixed-use properties. If the property has a combination of apartments, offices or any other income producing type, we can help. We can structure your apartment building loan with a fixed rate or variable rate and amortize it over a long term if you wish.

If you are looking for High-Rise apartment financing, we can provide you with financing to get your project up and going. When it comes to High-Rise apartment financing solutions, the sky is the limit, and we can help you get there.

We provide low rate as well as no-point apartment building loan programs nationwide. With flexible apartment financing options, we are able to meet the needs of our borrowers. Whether you are looking to refinance your apartment loan or obtain a new apartment loan, we will structure the best-fit apartment loan program for your situation.

Our apartment loan options are as follows: apartment interest only payment option, 30-year apartment building loan (no balloon apartment loans), 3-5-7-10-15-30 year fixed interest rates on apartment loan, 90% LTV apartment financing.

Our apartment loan program underwriting guidelines on apartment loans are as follows:
Apartment loans are available on fixed and variable rate financing on 5 or more units
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09/20/2024

09/19/2024

09/16/2024

Since 1977 , one of Ocean Pacific Capital’s specialities has been student housing financing in the nation 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 1.25. 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.
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09/11/2024

Today marks 23 years since the tragic events of 9/11. We reflect on the tragic events that forever changed the course of history and the lives of many. 🕊️

Let us honor and remember the lives lost and the resilience shown when faced with adversity. 🇺🇸