Commercial Real Estate Loans & Investment Sales

Pacific Security Capital Closes $8.7 Million Bridge Loan for Large National Egg Producer

Real estate services firm, Pacific Security Capital, announced today that it has placed an $8.7 Million bridge loan for Ernest Mahard, President of Mahard Egg Farms, one of the nation’s largest egg producers.

Beaverton, OR, July 26, 2006 – http://www.pacificsecuritycapital.com – Pacific Security Capital, a vertically integrated real estate services firm, today announced that it has placed an $8.7 Million, one-year bridge loan for Ernest Mahard Sr, President of Mahard Egg Farm, one of the nation’s largest egg producers.

The bridge loan, which closed on May 25, 2006, was secured by raw land in suburban Dallas, Texas and was funded by PNL Companies, a private lending group in Dallas. The land is currently in the planning and entitlement process to be built out into a mixed-use development.

“We were able to negotiate a very attractive interest rate and fee structure for this bridge loan,” said Will Moore, Director of Capital Markets Services at Pacific Security Capital. “This was an extremely competitive deal for a land loan.”

The loan was structured as a one-year bridge loan with extension options, and the loan amount included an interest reserve. The loan is expected to be repaid by the sale of the land to Forest City Development California Inc.

Forest City is planning a 132-acre, mixed-use commercial project at the intersection of the North Dallas Toll way and the Virginia Parkway Interchange and will feature major retail anchors, entertainment venues, specialty stores and restaurants.

“The mixed use development will be built in an ideal location,” said Moore, “situated at the intersection of two major roads in the Northern Dallas suburbs, the development should see its value increase substantially.”

For more information on bridge loans from Pacific Security Capital, visit http://www.pacificsecuritycapital.com/index.cfm?action=hom.data&pageid=259
Or call 1-800-844-6085.

About Pacific Security Capital
Pacific Security Capital is a vertically integrated real estate services company providing advisory services, asset management, development services, commercial real estate loans, structured finance, landlord/tenant representation, and investment sales. Our mission is to add value to client initiatives at every level of the real estate cycle. PSC is headquartered in Beaverton, Oregon with offices in major markets in North America. More information about the company can be found at www.PacificSecurityCapital.com.

REITs Fuel Asian Market

According to Inodesian National News Agency, Antara News, a new analysis of the Hong Kong marketplace reports that the structured finance market in Asia is gaining momentum from an increase in real estate investment trusts (REITs).

According to a recent Standard & Poor's report, the total market value of REITs across Asia, including Australia, recently exceeded the USD$100 Billion mark.  While rising interest rates in the region may slow down some of the short term growth, the S&P report predicted that more favorable regulatory frameworks, strong economic growth and continuing improvements in property markets will encourage the formation of more REITs this year.

View the full press release here >

For more information on emerging markets and structured finance, contact Pacific Security Capital at www.pacificsecuritycapital.com or call 1-800-844-6085.

Nationwide Trend - Hotel Construction On The Rise

All around the country, an increase in leisure and business travel is fueling the latest boom in hotel construction.

In 2005, hotel occupancy in the United States was up to 63.1% compared to previous years' lows in the aftermath of 9/11.

In addition to the booming tourism industry, the hotel market is also benefitting form increased interest from investors looking to finance hotel construction.  The availability of capital can be attributed to the high performance of REITS over the first half of 2006.  Lodging real estate investment trusts posted an average gain of 17% compared with an average of 13% for REITS overall.

For more information on real estate investment trusts (REITs), contact Pacific Security Capital at 1-800-844-6085 or visit www.pacificsecuritycapital.com

Pacific Security Capital Finishes Puerta Azul Leisure Community Development

Destination community that is rich in leisure amenities nears completion in La Quinta, California

Beaverton, OR July 19, 2006 -- http://www.pacificsecuritycapital.com – Pacific Security Capital, a vertically integrated real estate services company, is nearing completion of the Puerta Azul destination residential community in La Quinta, California.

Only 17 of the 127 houses remain for sale in the gated community. Known as the “Gem of the Desert,” La Quinta is nestled at the base of the Santa Rosa Mountains and is just 30 minutes away from Palm Springs.

“Puerta Azul is attracting home buyers from all over Southern California, including San Diego, LA, Orange County, and San Bernadino,” said Pat Boege, Marketing Director for Puerta Azul. “Puerta Azul’s many amenities and ambience will attract visitors who simply come for a week and decide to stay for a lifetime.”

Pacific Security Capital’s Puerta Azul Development has many features, including:
• 127 homes, between 1380-1740 sq. ft.
• Priced between $390,000 - $535,000
• Neighborhood amenities, including a clubhouse, two swimming pools, a tennis court, putting green and a bocce ball court

In addition, the community is in the heart of the Coachella Valley and its 138 golf courses, internationally recognized tennis court, and high-end shopping and tourist attractions.

“La Quinta truly is a ‘Gem of the Desert,’” said Boege. “With luxurious foliage and greenery set apart from the desert by mountains, there truly is no better escape.”

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.

About Pacific Security Capital
Pacific Security Capital, named one of the fastest growing private companies by the Portland Business Journal, is a vertically integrated real estate services company providing advisory services, asset management, development services, commercial real estate loans, structured finance, landlord/tenant representation, and investment sales. Our mission is to add value to client initiatives at every level of the real estate cycle. PSC is headquartered in Beaverton, Oregon with offices in major markets in North America. More information about the company can be found at www.PacificSecurityCapital.com.

Commercial Real Estate Market Still Hot

According to a recent article in the Wall Street Journal, the commercial real estate market is still going strong.

Factors contributing to the strong commercial real estate market include:
Consistent consumer spending (good for retailers)
Increased business travel (good for hotels)
Rising land costs have slowed down office construction (vacancies remain low)

Rising interest rates may have little impact on the commercial real estate market, says the Wall Street Journal.  Many investors are institutional meaning that they already have large amounts of cash to play with and do not need to borrow money.

Full article available in the Wall Street Journal.

For more information on commercial real estate loans, contact Pacific Security Capital at 1-800-844-6085 or visit www.pacificsecuritycapital.com