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Cimarron Cove Community from Pacific Security Capital Nears Completion in Cathedral City, CA

June 6th, 2006

Pacific Security Capital develops Cimarron Cove, a community focused on capturing California’s diversity – demographically, architecturally and economically.

Beaverton, OR, June 6, 2006http://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.


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

May 9th, 2006

Beaverton, OR, May 9, 2006http://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)


Pacific Security Capital Promotes CFO, Dan Ferris, to Chief Operating Officer

April 6th, 2006

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:

Advisory Services
Capital Markets Services
Development Services
Investment Sales/Asset Management

“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.”


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