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Domain Capital and SanDiego.com Announce Prominent Domain Name Refinancing

 

By Derek Iwasiuk
DomainInformer.com
December 06, 2006

Domain Capital announces a strategic partnership with sandiego.com, Inc., owner of the web site http://www.sandiego.com/, for the refinancing of the domain name "sandiego.com" with a transaction value of over $1 million dollars. According to Robert Alfano, President of Domain Capital, "This partnership demonstrates Domain Capital's market leadership in domain name refinancing. By refinancing sandiego.com, its owners have freed up significant financial resources to reinvest and grow their core business."

Mark S. Burgess, CEO of sandiego.com, Inc. adds, "We believe Domain Capital is leading the industry into the future where the financial world views a natural city .com domain name as real estate, with inherent and long term value. We've done very little marketing up to now, but 60% of the visitors to our web site type our address into their browsers instead of clicking on a link in a search engine or on another site and we've earned a 1% market share for online advertising in the San Diego market. As a charter member of the trade group Associated Cities, we know this built-in value holds true for major cities all over the world."

Domain Capital is the first and only financial services company to offer financing and refinancing to businesses based on the inherent and recognized value of premium domain names. Domain's vision is to innovate exciting new financial products and services designed to enable entrepreneurs to exploit new business models. For more information, go to http://www.domaincapital.com/.

sandiego.com, Inc. on http://www.sandiego.com/, publishes articles and information about San Diego for locals and visitors. The site presents advertising for local San Diego companies and national firms seeking a San Diego audience. Content includes jobs, apartments, movie listings, event information, local news and culture (including original critical reviews of local performances); San Diego hotel reservations, dining reservations and other free services like discount coupons, free classified advertising and more in San Diego.

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