Needham, MA - Potomac Realty Capital, LLC (“Potomac”), a full service commercial capital provider, structured and closed a $3 million mezzanine loan for a 348-unit Class A apartment complex located in Birmingham, Alabama. The first-time borrower will use the proceeds of the loan to obtain a return of capital on his successful investment. The meticulously maintained property, constructed by the borrower in 1999, is considered to be one of the premier residential complexes in Birmingham. The borrower is a Birmingham-based real estate veteran representing over 7,000 apartment and condominium units, as well as a number of commercial developments throughout the Southeastern United States and Texas. “Potomac worked closely with the senior lender on the transaction to develop a creative structure providing the borrower with an equity infusion,” said Dan Palmier, President & CEO of Potomac, “This synergy provided the borrower with the capital they were seeking, and we expect to partner with them on many future transactions.”