Needham, MA, - Potomac Realty Capital, LLC (“Potomac”), a full-service provider of bridge, mezzanine and permanent commercial real estate loans, structured and funded a total of $11.25 million in fixed rate loans, for the acquisition of two Massachusetts golf courses; Sterling Golf Course and Wentworth Hills Golf and Country Club. Located 55 minutes west of Boston, Sterling Golf Course was designed by renowned architect Dr. Michael Hurzdan, a former Golf World Magazine “Architect of the Year”, and is considered one of the top-ten golf venues in Massachusetts. Wentworth Hills, situated in a prime area just 30 miles from Boston, was designed by New England architect Howard Maurer. The Borrower, Forewinds Hospitality, a newly-formed owner/operator in the golf course industry, used the loan proceeds to acquire the properties, as well as fund capital improvement programs. 

Potomac has clearly tapped into the golf course financing sector, having closed several golf course transactions over the last several months. This further proves its ability to handle complex financing for unique investments. Dan Palmier, President and CEO of Potomac said, “We have been successful at focusing on several niche sectors of the market. We benefit from this strategy by positioning ourselves as a knowledgeable lender in our Borrowers’ respective industries. Once again, this repeat client enlisted our team of professionals to complete the funding for these first-rate golf course properties. We look forward to partnering with more entrepreneurs on similar transactions” added Palmier.

Potomac finances real estate transactions designed for visionary owners who value creative financial solutions, strong relationships, and outstanding service. Potomac was formed to offer innovative financing solutions for various types of transactions, including those that don’t meet strict underwriting guidelines. In 2005, Potomac originated over $1 billion in commercial mortgage loans. “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, Miami, Maryland 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.6811