D2 Capital Advisors Successfully Secures $6.3 Million Loan for Bucks County Community

D2 Capital Advisors Completes $6.3 Million Loan for Multifamily Community in Bucks County



In a significant move for the real estate sector, D2 Capital Advisors has successfully closed a permanent loan amounting to $6.3 million through Fannie Mae, directed towards a newly renovated 46-unit multifamily community located in Bucks County, Pennsylvania. This non-recourse loan was orchestrated with the assistance of Arbor Realty Trust under the Fannie Mae Small Balance Loan program, featuring favorable terms including a 7-year period, which encompasses 2 years of interest-only payments.

The funds obtained from this financing will primarily be used to refinance existing debt while also enabling the return of equity to the ownership group. The strategic structuring of this loan underscores D2 Capital Advisors’ commitment to enhancing client outcomes through thoughtful financial solutions.

Jack Cortese, Vice President of D2 Capital Advisors, expressed his satisfaction with the achievement, stating, “This was a fantastic outcome for our client. We were able to structure a non-recourse loan that significantly reduced the borrower’s cost of capital while maximizing proceeds based on the property’s strong performance and recent lease-up.”

Wayne Everett, Chief Investment Officer at SC Capital, the entity sponsoring this finance transaction, noted, “D2 Capital Advisors facilitated a seamless and competitive process that delivered cash-out proceeds well above our initial expectations. This financing reflects our conviction in well-located, suburban properties and our ongoing strategy to build operational scale while delivering consistent, risk-adjusted returns for our investors.”

The multifamily community comprises four free-standing residential buildings, offering a mix of one- and two-bedroom units. Originally built in the 1960s, the property has recently undergone a comprehensive renovation that included updates to kitchens, bathrooms, flooring, and mechanical systems. Residents of the community benefit from various amenities such as private entrances, off-street parking, and access to two common laundry rooms.

Positioned strategically, the property enjoys proximity to major roadways including Route 1 and I-295, as well as the Trenton Transit Center, ensuring exceptional regional connectivity for its residents.

SC Capital, which sponsors this transaction, is a vertically integrated real estate investment firm managing over $150 million in assets across 30+ properties and over 1,200 apartment units in the greater Philadelphia region. The firm is dedicated to the acquisition, development, and management of high-quality multifamily real estate, aligning with market demands and delivering value to its investors.

D2 Capital Advisors continues to solidify its position as a leading full-service real estate capital advisory firm, with closed transactions exceeding $750 million. The company specializes in structuring and arranging commercial real estate financing for developers and investors nationwide. Through initiatives like this, D2 Capital Advisors not only enhances client portfolios but also contributes to the development of resilient communities across the U.S.

For additional insights about D2 Capital Advisors and their services, visit their website www.d2organization.com.

As the multifamily real estate market evolves, collaborations between firms like D2 Capital Advisors and SC Capital highlight the dynamic landscape of suburban investment and the pursuit of sustainable growth in real estate markets.

Topics Financial Services & Investing)

【About Using Articles】

You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.

【About Links】

Links are free to use.