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: [email protected]
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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