Needham, MA,  - Potomac Realty Capital, LLC (“Potomac”), a full-service provider of bridge, mezzanine and permanent commercial real estate loans, structured and closed two bridge loans totaling $4.8 million for the acquisition of two garden-style apartment properties located in Shreveport, LA. Shreveport is the third largest MSA in Louisiana with a population of 383,600 and projected growth of 4.6% over the next 5 years. Both loans were originated by Potomac’s Jayson Donaldson and carry a fixed rate of 5.30%, interest only, for the full 24-month term. The properties, totaling 230 units, boast a combined occupancy rate of 100% with waiting lists of over a year indicating a tremendous investment for this Borrower. The Borrower is an experienced multi-family investor who has bought and sold more than $500 million in real estate and was named Entrepreneur of the Year by Ernst and Young. Dan Palmier, President & CEO of Potomac said, “This accomplished entrepreneur was referred to Potomac for our quick turnaround and creative financial structuring. Breaking into a new market, such as Louisiana, brings us closer to our goal of becoming a one-stop-source of capital for borrowers nationwide. We were able to close this deal in just 15-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 $2 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 clients’ 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) 972-6800.

Media Contact:              Elizabeth Sarhaddi
                                      Director of Marketing
                                      Potomac Realty Capital
                                      781.972.6800 ext.6811