Dyer, who joined Pacific Security Capital in 2005 as a Senior Project Manager, has played a defining role in growing the Development Services division. With more than 10 years of experience in a senior management role, Dyer is tenured in every stage of real estate, from the early phases of project vision through design, entitlements, marketing, sales, to construction delivery and occupancy.
“I have performed in the capacity of Director on many projects, including mixed-use office parks, resort developments, retirement communities and multifamily communities,” said Rick Dyer. “This hands-on property development experience has put me in an excellent position to manage Pacific Security Capital’s growing Development Services division.”
Dyer has successfully negotiated and administered the joint-venture development of a 150-unit multi-family project and a 200-unit retirement community, and has financed more than $200 Million in various asset classes throughout the United States.
Beaverton, OR, April 24, 2006 – http://www.pacificsecuritycapital.com – Pacific Security Capital, a vertically integrated real estate services company, has named Louis Swart as its new company President.
Swart, who has over 30 years of experience in commercial and institutional real estate, will focus on expanding the real estate portfolio in which Pacific Security Capital has a vested interest in order to develop properties on its own account.
“The strategic focus of Pacific Security Capital is changing,” said Swart, “the commercial real estate industry is calling out for more vertically integrated real estate services firms and this is the direction in which Pacific Security Capital is headed.”
Pacific Security Capital is in a unique position to be able to offer maximum productivity, create operating leverage and generate economies of scale, all seamlessly executed across multiple asset classes, practice areas and geographic locations.
“Pacific Security Capital is dedicated to adding value to client initiatives at every level of the real estate cycle,” said Swart, “our core competencies spread across six major business units meaning that our clients do not have to worry about managing multiple vendor relationships.”
Pacific Grove, CA, March 22, 2006 –- http://www.pacificsecuritycapital.com – Pacific Security Capital, a vertically integrated real estate services company, announced today its plans to educate business investors in the true value of “green” property development.
Many investors are discouraged by the upfront costs of building green without taking into account the considerable return-on-investment. Recent studies show that green properties can hold and potentially increase their value much more than traditional buildings.
“The problem is that the investment community lacks a formal framework for analyzing and valuing green property development from a business investment perspective,” said Theddi Wright Chappell, Pacific Security Capital’s Managing Director of Advisory Services. “Many investors use the terms cost and value interchangeably without realizing that they mean different things.”
The value of developing properties that conserve water, generate better air quality and are more energy efficient far surpasses the upfront costs associated with building green.
Investors, landlords, employers and occupants can all enjoy the benefits of a green building, such as:
- Significantly reduced utility bills
- Extended property lifecycle
- Increased employee productivity and less absenteeism due to better air quality that prevents airborne sickness
- Reduced maintenance costs
- Less tenant turnover
San Diego, CA, March 8, 2006 –- http://www.pacificsecuritycapital.com – Pacific Security Capital, a leading commercial real estate services company, announced today that there is strength in the outlook for the multifamily sector, despite cap rate compression in most major markets.
While many speculate over the single family home bubble, apartment owners and developers expect business to thrive during 2006.
“The strong demand for ownership housing has pushed prices beyond the reach of a larger percentage of the nation’s population and above what some consider sustainable values,” said Simon Acheson, Director of Pacific Security Capital. “As the economy continues to strengthen and the workforce expands, the demand for housing remains strong but inventory is priced at levels that more and more people can‘t afford or won’t spend.”
Pacific Security Capital believes that this growing trend is like to renew strength in the multi-family market.
“The single family home bubble is deflating and the condo market is saturated,” said Acheson.
Acheson will be presenting a session on Equity Financing for Multi-Family Projects at the upcoming Apartment Finance Today Developer Conference in San Diego, CA, March 8 – 10, 2006. Acheson will discuss the growth of rental real estate, including key questions, such as:
- How high rent will rise
- How developers can meet the increasing need for affordable housing
- How long before rent prices peak
