Pacific Security Capital Develops EdenRock at PGA West Community - Commercial Real Estate Services Firm Builds in CA Hotspot

Beaverton, OR, May 9, 2006 -- http://www.pacificsecuritycapital.com – Pacific Security Capital, a vertically integrated real estate services company, has announced its plans to construct a new community in the premier PGA West area of the Coachella Valley, CA.

Pacific Security Capital acquired the last 42 acres of land at PGA West and has partnered with award-winning architect, Mark Sheurer and GMA International, an internationally recognized land development consulting firm to design EdenRock, a Tuscany village style community. Upon completion, Pacific Security Capital expects EdenRock to be valued in excess of $200 Million.

“We expect EdenRock to attract second home buyers from all over Southern California and the Pacific Northwest,” said Louis Swart, President of Pacific Security Capital. “EdenRock will be a high quality development that will have long lasting real estate value and will be a credit to the PGA West community.”

Pacific Security Capital plans to build 292 high-end homes at EdenRock using 3 product types:
•    88 Courtyard Homes (between 1600 & 2500 sq ft)
•    81 Manor Homes (between 2300 & 2800 sq ft)
•    128 Village Homes (between 1100 & 2300 sq ft)

Each home will have a 2-car garage plus golf cart storage. There will be a 7,000 sq ft clubhouse available to residents and the community will be gated and manned at all times.

“The name EdenRock comes from ancient Coachella Valley history,” said Swart, “500 years ago, the Cahuila Indians lived in this area and referred to it as their Garden of Eden.”

For more information on the EdenRock at PGA West development, visit http://www.edenrockhoa.com/

To learn more about Pacific Security Capital’s core areas of expertise in Commercial Real Estate Advisory Services, Capital Markets, Development Services and Investment Sales, please visit www.PacificSecurityCapital.com or call 1-800-844-6085.