Commercial Real Estate Loans & Investment Sales

For Property-Backed Securities, Rita May Be Worse Than Katrina

Article by Christine Haughney Via The RealEstate Journal

Hurricane Rita threatens to do more damage to publicly traded real-estate markets than Katrina.

Standard & Poor's estimates about three times as much commerical-mortgage-backed securities could be affected by the storm than were affected by Katrina. CMBS are created by securitizing loans on offices, malls and other commerical properties.

In Houston alone, some 2,000 properties valued at about $11 billion are packaged in such bonds, according to analytics firm Trepp LLC -- roughly 2.4% of the overall CMBS market. Across Louisiana, Mississippi and Alabama, about 1,100 properties in 345 deals were affected by Katrina.

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For more information on Capital Markets, please contact Pacific Security Capital at www.pacificsecuritycapital.com or call 1-800-844-6085.

Pacific Security Capital Senior Director Reveals Next Big Thing in Apartment Loans & Condo Development

Los Angeles, CA, September 22, 2005 –www.pacificsecuritycapital.com - Pacific Security Capital (“PSC”), a leading commercial real estate investment bank and provider of commercial real estate loans, announced today that Senior Director, Steve Otos, will be participating in a panel on Condo Development at the Apartments 2005 conference, September 27, Westin Century Plaza, Los Angeles.

Otos will join leading condo industry experts in a discussion on “The Next Best Thing: What's Driving the Boom in Condo Development & Conversions.”

“There has been a great boom in condo activity over the past few years,” said Steve Otos, Senior Director of Pacific Security Capital, “however, many lenders are now concerned about the future stability of the condo market.”

Pacific Security Capital believes that these concerns emanate from lenders who have been least active and have less knowledge about the asset class.

“The bottom line is that good projects from good sponsors will always receive interest from the capital markets,” said Otos.

According to Otos, projects that encompass the following will be successful in finding financing, even with the caution currently being expressed by some in the commercial real estate lending community:

•    Sponsors with Successful Track Records
•    Adequate Sponsor Equity Contribution
•    Fully Entitled Projects
•    Market Feasibility
•    Strong Track Record in Marketing
•    High percentage of pre-sales

Otos will share the latest trends in apartment loans/condo financing and his thoughts on key drivers of the condo boom during the panel session at Apartments 2005.

Panel:        “The Next Big Thing: What’s Driving the Boom in Condo Development &   Conversions”
Date:        Tuesday, September 27, 2005
Time:        3.25 pm – 4.15 pm
Location:    Westin Century Plaza, Los Angeles, CA

To attend Apartments 2005, register online at http://www.realestateoutlook.com/registration2.htm

To learn more about apartment loans from Pacific Security Capital or its preferred borrower program, PacificEliteTM please visit www.PacificSecurityCapital.com or call 1-800-844-6085.
                                                                                    
About Pacific Security Capital
Pacific Security Capital is a leading commercial real estate investment banking firm providing commercial real estate loans, structured finance, investment sales and advisory services. The combination of direct lending, advisory, intermediary, corporate and professional services, syndication, investment sales and development services consistently allow PSC to rank among the leaders in the industry. PSC is headquartered in Beaverton, Oregon with other offices in major markets in North America and Europe. More information about the company can be found at www.PacificSecurityCapital.com

For more information about Apartment Loans from Pacific Security Capital, please visit www.pacificsecuritycapital.com or call 1-800-844-6085.

Steve Otos to Participate in Condo Panel at Apartments 2005

Pacific Security Capital, Senior Director, Steve Otos, will participate in the Condo Panel at the upcoming Apartments 2005 conference. 

"The New Big Thing: What's Driving the Boom in Condon Development & Conversions"
Tuesday, September 27, 2005
3.25 pm - 4.15 pm
The Westin Century Plaza, Los Angeles, CA

Register for Apartments 2005 at http://www.realestateoutlook.com/registration2.htm

For more information about Apartment Loans from Pacific Security Capital, please visit www.pacificsecuritycapital.com or call 1-800-844-6085.

Structured Finance Industry Expert Moderates Session at Multi-Housing World 2005

San Diego, CA – September 14, 2005 – www.pacificsecuritycapital.com - Pacific Security Capital (“PSC”), a leading commercial real estate investment bank and provider of commercial real estate loans, announced today that Director, Simon Acheson, is moderating a session at the Multi-Housing World Conference, beginning September 12, 2005, at the San Diego Convention Center.

The session, entitled “Structured Finance: Strategies for Effectively Bridging the Gap”, brings together key industry experts to offer guidance on how to find the right structured-financing source for your deal and how to structure it at the best terms.

“With multi-housing sales prices breaking all sorts of records today, it can be difficult to get all the necessary financing from your senior loan source,” said Acheson. “In order to bridge this gap, more multi-housing borrowers are turning to providers of mezzanine debt and preferred equity.”

There is no longer a clear division between debt and equity in the commercial capital markets. Structured Finance allows for the proper blend of debt, equity, synthetic, derivative and hybrid capital in order to resolve particular transactional needs that cannot readily be met by conventional senior financing.

“Understanding how to access and maneuver within the commercial capital markets and effectively leveraging the many benefits of structured finance techniques can be the defining difference in optimizing the scalability and efficiency of your commercial real estate venture,” said Acheson.

Acheson's presentation on "Structured Finance" discusses the various benefits of understanding how to engineer the right capital structure.

Session:    “Structured Finance: Strategies for Effectively Bridging the Gap”
Date:        Tuesday, September 13, 2005
Time:        9 am – 10.15 am
Location:    San Diego Convention Center, CA

To learn more about Pacific Security Capital’s structured finance offerings or its preferred borrower program, PacificEliteTM please visit www.PacificSecurityCapital.com or call 1-800-844-6085
                                                                                                         
About Pacific Security Capital
Pacific Security Capital is a leading commercial real estate investment banking firm providing commercial real estate loans, structured finance, investment sales and advisory services. The combination of direct lending, advisory, intermediary, corporate and professional services, syndication, investment sales and development services consistently allow PSC to rank among the leaders in the industry. PSC is headquartered in Beaverton, Oregon with other offices in major markets in North America and Europe. More information about the company can be found at www.PacificSecurityCapital.com.

For more information about Pacific Security Capital's structured finance offerings, please visit www.pacificsecuritycapital.com or call 1-800-844-6085.

Commercial Real Estate Advisory Services from Pacific Security Capital Includes Valuable Research and Analytics

Commercial real estate investment bank Pacific Security Capital provides valued commercial real estate advisory services for investors.

Beaverton, OR, September 8, 2005 — http://www.pacificsecuritycapital.com — Pacific Security Capital (”PSC”), a leading commercial real estate investment bank, headquartered in Beaverton, Oregon, provides commercial real estate advisory services, including research and analytics.

Mike Myatt, executive managing director with Pacific Security Capital, shares that “Pacific Security Capital’s research and analytics group is highly regarded for its ability to process and analyze a variety of key commercial real estate metrics across all asset classes and geographic markets. Our clients are made up of institutional and corporate client’s as well private owners, developers and sponsors seeking to understand both current market conditions as well as emerging trends.”

Pacific Security Capital’s commercial real estate advisory services, including research and analytics, has either served to identify new investment or market opportunities or provide third party validation for proof of concept on existing projects for some of the country’s most successful real estate organizations.

Pacific Security Capital provides the following full array of macro and micro level research and analytical services:

•    General Market Research;
•    Specific Market and/or Asset Class Research;
•    Investment/Acquisition Analysis;
•    Project Feasibility Studies;
•    Fairness Opinions;
•    IRR & Proforma Validations;
•    Transaction Modeling and Financial Engineering;
•    Probalistic and Quantitative Analysis, and;
•    Regression and Sensitivity Analysis.

Commercial real estate advisory services from Pacific Security Capital also provides Market Insight Reports on most asset classes in most markets. The market research group can create custom reports for market or project level feasibility or due diligence purposes upon request.

To order any of Pacific Security Capital market reports, to engage in an evaluation of a specific market or project, or to learn more about Pacific Security Capital’s commercial real estate advisory services please visit www.PacificSecurityCapital.com or call 1-800-844-6085.

To download a specimen copy of a Market Insight Report please visit - http://www.pacificsecuritycapital.com/brochure-download.cfm

About Pacific Security Capital
Pacific Security Capital is a leading commercial real estate investment bank providing commercial real estate loans, commercial real estate advisory services, mezzanine loans, structured finance, investment sales and advisory services. The combination of direct lending, advisory, intermediary, corporate and professional services, syndication and acquisition services consistently allow PSC to rank among the leaders in the industry. PSC is headquartered in Beaverton, Oregon with other offices in major markets in North American and Europe. More information about the company can be found at http://www.PacificSecurityCapital.com.

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