Potomac Realty Capital, LLC has hired Ricardo Alburez as their chief credit officer. 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.
Alburez joins Potomac from Taberna Capital Management in New York, and offers expertise in originating, structuring and underwriting real estate transactions.
Cambridge, MA The nonprofit Preservation of Affordable Housing (POAH) has secured $23.5 million in financing from Rockland Trust and Citizens Bank to transform a 150-year-old, underutilized church complex into housing. The project will ultimately create 46 affordable family-sized apartments.
The Connecticut hospitality market has demonstrated uneven recovery patterns between 2019 and 2025, with boutique and historic properties achieving $125 RevPAR in 2025, up 8.7% from the 2019 level. Coastal resort properties achieved a $105 RevPAR in 2025, representing 10.5% growth since 2019. Casino corridor properties maintained modest growth with RevPAR improving 4.5% to $92 in 2025.
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