Pacifica Real Estate Completes Refinance of Hampton, Palm Desert

. October 14, 2008

DANA POINT, CA, July 17, 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 Hampton Inn & Suites located in Palm Desert, California. Pacifica arranged the very aggressive long-term fixed rate deal through a securitized lender based on the East Coast.

"Pacifica's strong relationships and financial savvy allowed us to negotiate terms that absolutely fit both our near-term and long-term needs for our business." according to Poornima Bhakta, President of Dutt Hospitality Group, Inc.

Located in the exclusive desert enclave of Palm Desert, California, the Hampton Inn & Suites boasts lush grounds, well appointed guestrooms and is proximate to numerous golf courses, casinos, shopping and entertainment.

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