Needham, MA -  Potomac Realty Capital, LLC (“Potomac”), a full service commercial capital provider, arranged and provided the debt and equity for the acquisition and renovation of two mid-rise apartment properties totaling 229 units Hyattsville, MD.  Potomac provided a total of $3.2 million equity investment and a $14 million first mortgage permanent loan.  The properties are located just 7 miles northeast of Washington DC’s Central Business District – historically one of the strongest multi-family markets in the country. Dan Palmier, President & CEO of Potomac said, “The transaction was significant in many respects.  It was a very complex structure, combining our permanent loan origination ability with a unique subordinate capital structure.  It was also a new client that had a multitude of choices for its capital solution but chose Potomac because we offered the most innovative solution.”

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 Dan Palmier at (781) 972-6800.

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