Needham, MA, - Potomac Realty Capital, LLC (“Potomac”), a full-service provider of bridge, mezzanine and permanent commercial real estate loans, structured and funded a $1.7 million loan, for Deerfield Golf & Tennis Club. Deerfield Golf & Tennis Club is located in Newark, Delaware which is situated 40 minutes southwest of Philadelphia’s central business district. The Borrower was Forewinds Hospitality (“Forewinds”), a subsidiary of Sawyer Realty Holdings, LLC and repeat borrower of Potomac. The Borrower intends to use the proceeds of the loan to fund an extensive renovation reserve, interest reserve as well as pay for ancillary closing costs. Their goal is to deliver the highest quality asset to patrons of Deerfield so they will experience a private course feel at a municipal price point. Dan Palmier, President & CEO of Potomac, said “We are pleased to have the opportunity to provide our services once again to this key client in the hospitality sector so that they can focus on enhancing the value of the golf course operation. This is the third golf course Potomac has funded over the last few months and we are thrilled to be considered a go-to lender in this niche. We look forward to providing our services to other hospitality-focused entrepreneurs throughout the country.”

Potomac finances real estate transactions designed for visionary owners who value creative financial solutions, strong relationships, and outstanding service.  Since it was formed in June of 2004, Potomac has originated over $1.5 billion in commercial mortgage loans. Potomac was formed to offer innovative financing solutions for various types of transactions, 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, 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