Pacifica Capital Arranges Refinance of Palm Springs Hotel

. October 14, 2008

DANA POINT, CA, March 9, 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 Vagabond Inn located in Palm Springs, California. 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 refinance of our Palm Spring property seamless." according to Les Biggins, Chief Financial Officer of Vista Investments, LLC.

Located in the world's most famous desert resort area, the Vagabond Inn Palm Springs is located just one mile from Downtown and is proximate to area golf courses, tennis courts and other well-known restaurant and retail experiences.

About Pacifica Capital & Brokerage, Inc. - Dana Point, CA-based Pacifica is a commercial real estate brokerage firm with focused experience in hospitality real estate. Specializing in hospitality financing, Pacifica has established relationships with the industry's most aggressive lenders in the market today, allowing them to quickly pre-qualify clients and provide them with the most competitive rates and terms available.

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