Needham, MA – On September 30, 2005, Potomac Realty Capital, LLC (“Potomac”), a full-service provider of bridge, mezzanine and permanent commercial real estate loans, structured and closed $30.5 million in bridge loans on three separate multi-family properties - two located in Florida and one in Virginia.  All three were closed in less than 30 days and lowered the overall cost of funds for the borrowers.

Dan Palmier, President and CEO of Potomac said, “The borrowers were referred by one of our repeat customers, who set the bar very high for us.  The marketplace was very competitive for the product from a pricing standpoint and we were able to close all 3 deals in less than 30 days from application.”  Since January 2005, Potomac has originated nearly $1 billion in commercial mortgage loans and expects to fund another $100 to $200 million by the end of 4^th quarter of 2005.

Potomac finances customized interim real estate transactions designed for visionary owners who value innovative financial solutions, strong relationships, and outstanding service. Palmier, who has more than 20 years of experience in commercial real estate, formed Potomac to offer innovative financing solutions for various types of deals, including those that don’t meet strict underwriting guidelines. “We look past the numbers to see the intrinsic value of the deal.  Always keeping our client’s needs in mind, together with our customers, we create value.” said Palmier.  Potomac is headquartered in Needham, MA, with offices in New York and Atlanta. For more information regarding Potomac Realty Capital, please contact Dan Palmier at (781) 972-0170.

Media Contact:              Elizabeth Sarhaddi

                                    Director of Marketing

                                    Potomac Realty Capital

                                    781.972.0170 ext.288