 DANA
POINT, CA: June, 2006 � Chris A. Chiotis, Principal of Pacifica Real
Estate Brokerage, is pleased to announce his firm arranged first mortgage
financing for the refinance of the Vagabond Inn Sahara Westwood located
in Las Vegas, Nevada. Pacifica arranged the fixed rate deal (which
included significant cash-out) through a Southern California based bank.
�Pacifica�s well targeted and highly effective �auction-style� bidding process, allowed us to achieve the rate and terms we wanted and also provide us with cash-out� according to Paul Patel, President of Kola Hotels. Vagabond Inn Sahara Westwood is located just off Interstate 15 at West Sahara in world-renowned Las Vegas. The property has been recently renovated and is proximate to the areas major attractions. 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. |
