Pacifica Capital Arranging Client Financing via SBA's Green Initiative
DANA POINT, CA, August 5, 2009 - Chris Chiotis, Principal of Pacifica Capital & Brokerage, Inc. is pleased to announce his firm is actively arranging financing for hospitality assets via the SBA's new Green initiative program.
An exciting new component of the new federal stimulus is the recent SBA announcement of a new energy efficient program that allows hotel owners to qualify for up to $4 million on the SBA portion (previously $2 million) of 504 loans by either reducing energy consumption or utilizing/generating renewable energy.
Pacifica's hospitality focus, coupled with its network of experienced hotel lenders - who understand the intricacies of this new Green program - uniquely positions them to get borrowers qualified for deals that they may have had difficulty getting done in the past. Give them a call to discuss your current transaction or one that you are just contemplating and they will be happy to walk you through how this program could benefit your next deal and also keep more GREEN in your pocket!!
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.
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