Pacifica Arranges Refinance of Las Vegas Hotel

. October 14, 2008

DANA POINT, CA, June 5, 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.

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