Needham, MA - Potomac Realty Capital, LLC (“Potomac”), a full-service provider of bridge, mezzanine and permanent commercial real estate loans, structured and closed a $9 million bridge loan, for the acquisition and renovation of a 51,581 square foot office building located in the affluent community of Wynnewood, PA. The property is located seven miles northwest of downtown Philadelphia and will soon become the corporate headquarters for this repeat Borrower. Plans are in place to immediately implement a capital renovation program that will include significant tenant improvements. The client also plans to enhance the building’s curb appeal and common areas to attract future tenants to this desirable location. Dan Palmier, President & CEO of Potomac said, “It is truly rewarding to have seasoned entrepreneurs compliment our reliability and creativity by giving us their repeat business. We were able to close this deal in just 21-days, making this another successful execution”, added Palmier.

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