Needham, MA - Potomac Realty Capital, LLC (“Potomac”), a full service commercial capital provider, announced the hire of Mr. Ricardo Alburez as their Chief Credit Officer. Mr. Alburez will oversee the underwriting of all their transactions, ensure credit quality is maintained and that loan delivery is operating efficiently. He will also be a member of their Credit Committee. Mr. Alburez joins Potomac from Taberna Capital Management in New York, and offers expertise in originating, structuring and underwriting real estate transactions. At Taberna, he was the Vice President of Real Estate Debt where he closed over $400 Million of debt positions that included subdebt, bridge loans, investment grade CMBS, Trust Preferred Securities and CRE CDO positions for all asset classes. Prior to this, he worked as an Underwriter for BlackRock in New York and as a Vice President for Jones Lang LaSalle Americas, Inc. in both their New York and Los Angeles offices. Dan Palmier, President & CEO of Potomac said, “Mr. Alburez’s underwriting expertise and spirited energy will certainly add tremendous value that will translate into continued success for the firm.”
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 $3 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
781.972.6811
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