Pacifica Arranges Financing for Purchase of San Diego Hotel
DANA POINT, CA, March 6, 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.
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