|
|
|
of Econo Lodge Garden Grove, CA |
DANA
POINT, CA: July, 2005 – Chris A. Chiotis, Principal of Pacifica Real
Estate Brokerage, is pleased to announce his firm arranged first mortgage
financing for the refinance of the 51-room Econo Lodge Inn & Suites
in Garden Grove, California. Pacifica arranged the 10-year fixed rate deal
through a Southern California based bank.
"Pacifica’s straight-forward approach and solid lending relationships enabled us to get the rate and terms we wanted and also provide us with some additional cash-out" according to Econo Lodge Inn & Suites owner Sam Bhagat. About Pacifica Real Estate Brokerage – Dana Point, CA-based Pacifica is a commercial real estate brokerage firm with focused experience in hospitality real estate. Specializing in hospitality financing, Pacifica has established relationships with the industry’s most aggressive lenders in the market today, allowing them to quickly pre-qualify clients and provide them the most competitive rates and terms available. |
Chris A. Chiotis
|