Financing for Purchase of San Diego Hotel
POINT, CA: March, 2006 – Chris A. Chiotis, Principal of Pacifica
Real Estate Brokerage, is pleased to announce his firm arranged first mortgage
financing for the purchase of the Vagabond Inn Point Loma located in San
Diego, California. The property was purchased by Los Angeles-based
Vista Investments, LLC. Pacifica arranged the deal through a Southern
California based bank.
“Pacifica’s solid lending relationships coupled with their strong understanding of hotel transactions made the financing of our most recent acquisition seamless.” according to Les Biggins, Chief Financial Officer of Vista Investments.
Vagabond Inn Point Loma is located on the America's Cup Harbor at the entrance to Shelter Island in the world renowned tourist destination of San Diego, California. The property is proximate to San Diego International Airport, the Cabrillo National Monument, Downtown, the Gaslamp Quarter, Balboa Park, the San Diego Zoo and Qualcomm Stadium.
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 with the most competitive rates and terms available.
Chris A. Chiotis
|Also See:||Hotel Financing Professionals - Pacifica Real Estate Brokerage - Arrange Refinance of Laguna Beach Hotel / October 2005|
|Pacifica Real Estate Brokerage Arranges Refinancing of Econo Lodge Garden Grove, CA / July 2005|