Pacific Security Capital Launches PacificElite

Beaverton, OR, January 20, 2005 - Pacific Security Capital (“PSC”), a leading provider of commercial real estate loans, structured finance and advisory services announced today that it has pioneered the commercial real estate industry’s first preferred borrower program by launching PacificEliteTM.

PacificEliteTM is a client loyalty program designed to reward borrowers who place substantial amounts of transactional volume with Pacific Security Capital by providing them with the most elegant selection of awards ever put together.

“Trust me when I say that we’re giving away more than a toaster,” said Mike Myatt, executive managing director of Pacific Security Capital. “Our clients are made up of some of the most sophisticated and elite sponsors in the commercial real estate industry and for the program to be of any interest we had to create something very special that hasn’t been done before.”

Some of the awards available to PacificEliteTM members include fractional interests in Lear Jets and Yachts, Adventure Vacations, Luxury Automobiles, trips to the Masters, Wimbledon and the Super Bowl, Rolex watches and more.

To receive awards commercial real estate borrowers need to apply for PacificEliteTM membership and then each time they close a financing transaction with Pacific Security Capital they receive points that qualify them for different award levels.

“We felt it was high time somebody in our industry did something more than just talk about how much they appreciate business given to them so we decided to put our money where our mouth is. PacificEliteTM is just another example of our intention to maintain our industry leading reputation for providing red carpet client service and satisfaction”, said Myatt.

About Pacific Security Capital
Pacific Security Capital (“PSC”) is a leading commercial real estate investment banking firm. PSC provides debt, equity and hybrid capital for the acquisition, development, construction, renovation, bridge, mezzanine, and permanent financing of commercial real estate projects requiring more than $3 million in financing. PSC is headquartered in Beaverton, Oregon with other offices around the United States.

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Karen Sams

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Pacific Security Capital

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