Needham, MA,  – Potomac Realty Capital, LLC (“Potomac”), a full service commercial capital provider, originated and closed a $4.5 Million mezzanine loan for a 386-unit, Class A apartment community located in Sarasota, FL. The borrower will use the proceeds of the loan to acquire the property and conduct minor capital improvements. For the last three years, the Sarasota Herald-Tribune has voted the property the most desirable apartment community in Sarasota, thanks to the property’s extensive amenity package and exquisitely detailed landscaping. Further, Business Development Outlook Magazine ranks Sarasota as one of ”25 Choice Cities for relocation and expansion.” Strong tourism demand and steady influx of retirees has lead to strong growth in the tourism, healthcare and financial services industries. Dan Palmier President & CEO of Potomac said, “This property has it all – desirable location and flawless grounds and architecture. Our client specifically targeted the property for their real estate portfolio based on the area’s solid growth and because of its status as a premier apartment community in Sarasota and we were pleased to have assisted them in the acquisition.”