Business Details
12 Years
experience
Your Trusted Partner for Real Estate Development in Philadelphia
Founded in 2014, D2 Management has established itself as a leader in real estate development, investment, and transaction advisory services. Our team combines decades of industry experience with technical expertise to identify and transform overlooked properties into economically viable assets. Through meticulous due diligence, strategic planning, and strong relationships with capital providers, we deliver tailored solutions for developers, investors, and institutional clients.Our focus on environmentally challenged or obsolete properties reflects a commitment to sustainable urban development and community enhancement. With a proven track record in arranging complex financings and managing large-scale transactions, we provide end-to-end advisory services that prioritize client objectives while maintaining the highest standards of professional integrity.
Services
Industrial Land Development
Residential Land Development
Debt Placement
Acquisition Financing
Bridge Financing
Construction Financing
Equity Raises
Mezzanine Financing
Tax Credit Financing
C-PACE Financing
Details
- Year established: 2014
Highlights and features
- We offer 25+ years of executive leadership experience in real estate finance and development
- Our team provides comprehensive capital solutions across the entire real estate lifecycle
- We maintain proven relationships with major capital providers and institutional investors
- Our local market expertise enhances value creation in Philadelphia's urban development projects
- We deliver tailored financing strategies for complex real estate transactions
Services
Industrial Land Development
We specialize in transforming obsolete industrial properties into modern logistics and distribution centers. Our services include site assessment, entitlement processing, and infrastructure improvement planning. With extensive experience in environmental remediation and zoning compliance, we create value through strategic land repositioning that meets evolving market demands while enhancing local economies.
Construction Financing
Our capital markets team arranges construction financing for diverse real estate projects nationwide. We leverage relationships with institutional lenders and private equity partners to secure competitive financing terms. From initial due diligence to closing, we provide comprehensive advisory services that ensure projects receive appropriate capitalization while maintaining alignment with investor return objectives.
Equity Raises
We facilitate equity capital raises for real estate developers and institutional investors. Our services include investor relations strategy, capital structure analysis, and market positioning. Through targeted outreach to institutional investors and private equity funds, we help clients secure the necessary equity participation to support their development and investment strategies across multiple property types.
Debt Placement
Our debt placement services connect clients with optimal financing solutions across all capital stack positions. We specialize in structuring senior debt, mezzanine financing, and preferred equity arrangements. By analyzing market conditions and lender requirements, we secure favorable loan terms that align with each project's specific needs and risk profile while maximizing capital efficiency.
Tax Credit Financing
We provide specialized tax credit financing solutions including historic tax credits and federal tax credit programs. Our team navigates complex regulatory requirements to maximize available incentives for redevelopment projects. By integrating tax credit financing with traditional capital structures, we help clients achieve improved returns while preserving architectural heritage and promoting community development.
People
Keith J. Delaney
President & Chief Executive Officer
25+ years in real estate development and finance, former CFO of regional commercial real estate firms, developed over $1B in projects, Wharton School graduate, founded D2 Organization in 2014.
David Frankel
Chief Operating Officer
15+ years in commercial real estate, led $400M+ in transactions, former Director at Newmark Grubb Knight Frank, manages development and capital advisory operations, Syracuse University graduate.
Jack Cortese
Vice President, Capital Markets
Orchestrated $725M+ in financings, 2023 Philadelphia Business Journal Rising Star, Commercial Observer Top 25 Under 35, University of Pennsylvania graduate, leads transaction advisory services.
Mike Wurtsbaugh
National Development
37 years in commercial real estate, $3B+ in transactions, 25+ years in land acquisition, former Managing Director at Portman Industrial, Indiana University and Eastern Illinois University graduate.
Victor DePallo
Design & Planning Consultant
30+ years in project management, Harvard Masters graduate, former owner of DePallo Design & Planning LLC, oversees development permitting and construction administration for D2 projects.
Questions
What types of real estate transactions does D2 Capital Advisors handle?
We handle industrial, residential, commercial, and mixed-use developments with expertise in construction financing, equity sourcing, and debt placement across the United States.
How does D2 approach property redevelopment?
We use a risk-assessed methodology combining technical knowledge and local expertise to transform obsolete properties through environmental remediation, zoning compliance, and infrastructure improvements.
What financing options are available through D2 Capital Advisors?
We offer construction financing, acquisition financing, bridge loans, permanent financing, tax credit financing, and equity raises tailored to each project's specific requirements.
Can D2 assist with complex capital stack structures?
Yes, we specialize in structuring senior debt, mezzanine financing, preferred equity, and hybrid capital solutions optimized for project-specific risk-return profiles and investor objectives.
What geographic markets does D2 operate in?
While headquartered in Philadelphia, we operate nationwide with recent transactions in Pennsylvania, Illinois, Minnesota, New Jersey, and Delaware markets.
How does D2 ensure successful project outcomes?
Through comprehensive due diligence, strategic capital structuring, and proactive project management from initial assessment through financing completion and development execution.
