Needham, MA,  - Potomac Realty Capital, LLC (“Potomac”), a full-service provider of bridge, mezzanine, construction and permanent commercial real estate loans, closed an $11.3 million first mortgage bridge loan for the acquisition and renovation of a 156-unit, garden-style apartment property, located in Frederick, MD. The 95% Loan to Cost, interest only loan is for an 18 month term. Dan Palmier, President & CEO of Potomac said, “Repeat business is the ultimate return for our exceptional client service, reliability and quick turnaround. Potomac closed this transaction for this repeat Borrower in just 12-days.

Potomac finances real estate transactions designed for visionary entrepreneurs 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. Their mission is to offer innovative financing solutions nationwide for a broad range of real estate types, including those that require more flexible underwriting.  Potomac is headquartered in Needham, MA, with offices in New York, Miami, Maryland and Atlanta. For more information regarding Potomac Realty Capital, please contact us at (781) 972-6800.

Media Contact:  Elizabeth Sarhaddi
                          Director of Marketing
                          Potomac Realty Capital
                          781.972.6811