Recent Deal - Office Condo Aquisition

Location: Manhattan, NY
Property Type: Office Condo
Loan Amount: $475,000
Broker Commission: $4,750
Loan Purpose: Acquisition

Recent Deal - Cash Out Refinance for Assisted Living Facility

Location: Hamburg, NY
Property Type: Assisted living facility
Loan Size: $1,575,000
Broker Commission: $15,750
Loan Purpose: Cash out refinance for working capital and to pay off balloon note

Recent Deal - Medical Condo Purchase

Location: Glendale, NY
Property Type: Mixed-Use
Loan Size: $892,500
Broker Commission: $4,462.50
Loan Purpose: Purchase

Recent Deal - Hotel Refinance with Cash Out

Location: Fredericksburg, VA
Property Type: Marriot, Fairfield Inn & Suites
Loan Size: $4,999,999
Broker Commission: $25,000
Loan Purpose: Cash out refinance

Indianapolis, IN

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Location: Indianapolis, IN
Loan Size: $1,375,000
Broker Commission: $6,875
Loan Purpose: Refinance

Manhattan, NY

Location: Manhattan, New York
Loan Amount: $475,000
Broker Commission: $2,375
Loan Purpose: Office/Condo purchase

Verona, PA

Location: Verona, Pennsylvania
Loan Amount: $675,000
Broker Commission: $3,375
Loan Purpose: Refinance

Recent Deal - Jacksonville, FL

Location: Jacksonville, FL

Loan amount: $4,495,000

Broker commission: $7,475

Loan Purpose: Cash out refinance

Recent Deal - Pittsfield, MA

Location - Pittsfield, MA
Loan amount - $2,000,000

Broker commission - $10,000/0.5%

Loan purpose - Rate and term refinance
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Welcome!

Welcome to Ocean Capital’s new blog!�
We hope you find the content educational, entertaining and most importantly worth contributing to. For those of you who are unfamiliar with our company, we are a small-balance commercial lender. We reach out to both borrowers and the broker community to assist those in need of funding for their small business. [...]