Hotel Online  Special Report


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Pacifica Capital & Brokerage, Inc. Arranges
Another Successful Hotel Refinance

 

DANA POINT, CA:  December, 2007 – Chris A. Chiotis, Principal of Pacifica Capital & Brokerage, Inc. is pleased to announce his firm arranged first mortgage financing for the refinance of the 168-room Ramada University located in Fresno, California.  Pacifica arranged the fixed rate deal (which included significant cash-out and an interest rate below 7.0 percent) 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 Mike Patel, of Shaw Hospitality Group, Inc.

Ramada University is well located in the heart of Fresno’s business and shopping districts, proximate to Fresno State University, Fresno City College and Fresno Yosemite International Airport. 

About Pacifica Capital & Brokerage, Inc. – Dana Point, CA-based Pacifica is a boutique commercial real estate brokerage firm with focused experience in hospitality real estate. With a national reach and an emphasis in hospitality financing, Pacifica maintains solid relationships with the industry’s most active and aggressive capital sources.  Pacifica’s depth of knowledge, coupled with its strong relationships allows them to strategically target capital sources that best fit their client’s needs, yielding the most competitive rate and terms available in the market.

 

 
Contact:

Chris A. Chiotis
949.429.3511

email: chrisprb@cox.net
www.pacificacb.com
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Also See: Pacifica Capital & Brokerage, Inc. Secures Construction Financing for Southern California Hotel / November 2007
Pacifica Capital & Brokerage, Inc. Arranges Refinance of Arizona Hotel / June 2007
Pacifica Capital & Brokerage, Inc. Arranges Refinance of Palm Springs, California Hotel / March 2007
Hotel Financing Specialists - Pacifica Real Estate Brokerage Arrange Another Successful Hotel Refinance / September 2006
Pacifica Real Estate Brokerage Completes Refinance of Hampton Inn & Suites Palm Desert, CA / July 2006
Hotel Financing Professionals - Pacifica Real Estate Brokerage - Arrange Refinance of Las Vegas Hotel / June 2006
Pacifica Real Estate Brokerage Arranges Acquisition Financing for Purchase of San Diego Hotel / March 2006
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

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