Needham, MA – Potomac Realty Capital, LLC (“Potomac”), a full service commercial capital provider, originated and closed a $2.3 million bridge loan for a 58-unit “value add” apartment community (“the Property”) located in Atlanta, Georgia. The proceeds of the loan will be used to acquire the Property, cover ancillary closing costs, and fund an interest reserve and an extensive capital improvements program. The capital improvements program, including asphalt repairs, landscaping, and significant interior renovations, will bring the overall condition of the Property in line with other market rate multi-family assets in the immediate area, increase current occupancy, and strengthen the tenant base.  Dan Palmier, President & CEO, of Potomac said, “Creating value is the key to a successful real estate investment. We teamed up with a seasoned owner/operator with nearly 30 years of experience in the Atlanta market, to help actualize the value add play. We look forward to the success of their acquisition.”