Needham, MA - Potomac Realty Capital, LLC (“Potomac”), a full service commercial capital provider, structured and closed a $6.15 million bridge loan for the acquisition of a 174-unit apartment complex located in Mableton, Georgia (the “Property”). The Property is located 13 miles west of Atlanta’s central business district and in close proximity to major retail centers. The borrower is a seasoned Atlanta-based real estate owner and operator whose portfolio includes two multi-family properties within a quarter mile of the Property. The borrower will centralize operations for these three properties, consolidating leasing, marketing and maintenance functions. “By capitalizing on its economies of scale, the borrower will expand their Atlanta portfolio, while incurring very little additional operational cost,” said Anna Collins, Senior Vice President of Potomac. “This was a logical acquisition for the borrower based on close proximity to their other properties and we are pleased to have worked closely with them to fund the deal.”

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
                           VP, Marketing
                           Potomac Realty Capital
                           781.972.6800 ext.6811