Demonstrates Commitment to Florida Commercial Real Estate Market

Beaverton, OR , April 21, 2005 – http://www.PacificSecurityCapital.com - Pacific Security Capital, a leading real estate investment bank headquartered in Beaverton, Oregon, today announced its commitment to the Florida commercial real estate market by opening a Tampa office. Armando Yanez has been named Director of the Tampa office, which is located at 3111 West Dr. MLK, Jr. Blvd, Suite 100 Tampa, Florida 33607.

Mr. Yanez has been involved in commercial real estate in the Florida market for more than 20 years and brings a wealth of financial expertise and local real estate knowledge to PSC. Mr. Yanez is a graduate of the University of South Florida, with a B.A. degree in Accounting.

“The ability to have local coverage of the Tampa market and have that office being managed by a quality individual like Armando Yanez is not only a win for our organization, but also for our Florida clients,” said Mike Myatt, Executive Managing Director of Pacific Security Capital.

Pacific Security Capital will now offer the following services in Florida:
• Advisory Services;
• Permanent and Structured Financing, and;
• Investment Sales.

Through the Pacific Security Capital national platform, the office will originate new business and service existing clients in all product categories.

“As a real estate investment bank the ability to serve clients as a direct lender, professional services provider and intermediary provides our clients with the broadest possible array of commercial capital markets solutions, said Myatt”.

To learn more about Pacific Security Capital, 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 and advisory services. Headquartered in Beaverton, Oregon, with offices in major markets in North America and Europe, Pacific Security Capital has pioneered the commercial real estate industry’s first preferred borrower program, PacificElite™. More information about Pacific Security Capital and the PacificElite™ preferred borrower program can be found at www.PacificSecurityCapital.com