Pacific Security Capital Managing Director, Theddi Wright Chappell, makes a keynote address at the Land Development Breakthroughs Conference on “How Sustainable Developments Make Greater Financial Sense.”
Beaverton, OR June 29, 2006 — http://www.pacificsecuritycapital.com – Pacific Security Capital, a vertically integrated real estate services firm, today announced that Theddi Wright Chappell, Managing Director of its Commercial Real Estate Advisory Services business unit, will be a keynote speaker at the upcoming Land Development Breakthroughs Conference in Chicago, July 10 – 12, 2006.
Chappell, who is a LEED certified professional and has years of experience in the sustainable real estate development industry, will deliver a keynote presentation on “How Sustainable Developments Make Greater Financial Sense.”
“Many people are skeptical about investing in green buildings,” said Theddi Wright Chappell, “it is easy to be deterred by upfront costs without considering the great return on investment down the road.”
Sustainable developments should be viewed as attractive investment opportunities because of their minimal upkeep and long term cost savings due to:
• Water Conservation
• Decreased utility bills
• Better air quality
• Energy efficiency
• Reduced maintenance costs
• Extended property lifecycle
Pacific Security Capital develops Cimarron Cove, a community focused on capturing California’s diversity – demographically, architecturally and economically.
Beaverton, OR, June 6, 2006 – http://www.pacificsecuritycapital.com/ – Pacific Security Capital, a vertically integrated real estate services firm, today announced that the Cimarron Cove development has only 15 of the 169 homes developed remaining for sale.
Unlike much of the property being developed in the Palm Springs area, Cimarron Cove is designed for mid-income homeowners and targets a very diverse demographic.
“Pacific Security Capital looked at the real needs of a cross section of the community and has addressed those needs with Cimarron Cove,” said Louis Swart, President of Pacific Security Capital. “We are also focused on preserving local roots and this is why we engaged the local builder, GHA Construction.”
Cimarron Cove, which overlooks the Cimarron Golf Course and the Coachella Valley mountains, offers two product types:
• The Heritage Series (1600 – 1900 sq ft)
• The Signature Series (1800 – 2200 sq ft)
Pacific Security Capital is also versatile with its architectural options. Using the same footprint, Pacific Security Capital is able to offer different floor plan combinations (3 bedrooms or 2 master suites) to best suit the homebuyer’s particular lifestyle.
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)
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.”
Beaverton, OR, April 6, 2006 — http://www.pacificsecuritycapital.com - Pacific Security Capital, a vertically integrated real estate services company, today announced the promotion of CFO, Dan Ferris, to Chief Operating Officer.
Ferris will assume both roles, CFO and COO, and will be responsible for overseeing the operations of Pacific Security Capital’s core business units:
“Dan Ferris has been an integral part of our success,” said Mark Rockwell, CEO of Pacific Security Capital, “his tenured financial operations background makes him the perfect candidate for assuming both the CFO and COO roles.”
Ferris joined Pacific Security Capital in late 2004 as the Chief Financial Officer (CFO). Ferris previously held senior finance positions for companies such as Harsch Investment Properties, Trammell Crow, and Catellus Development Corporation.
In addition to holding his CPA designation, Ferris has a B.S. in Accountancy from the University of Illinois and is a member of the AICPA.
“This is a very exciting time for Pacific Security Capital,” said Ferris. “We have structured our comprehensive service offerings to provide our clients a competitive advantage in their markets. The expertise of our seasoned team allows us to apply several varying skill sets to our client’s real estate needs.”
