POTOMAC REALTY CAPITAL SECURES STUDENT HOUSING LOAN

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MOUNT PLEASANT, MICH. — Potomac Realty Capital has secured a $9.4 million bridge loan for the acquisition of a student housing community located in Mount Pleasant. The property is located near the campus of Central Michigan University. The undisclosed borrower plans to implement a $2.5 million capital improvements program for the community. The terms of the loan were undisclosed.

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