The PennZone

  • Home
  • Non-profit
  • Business
  • Education
  • Construction
  • Health
  • Technology
  • Entertainment
  • Software

Philadelphia Equity Transaction Closes to fund 6 High End Apartments in University City
The PennZone/10084841

Trending...
  • Resident Inspect Joins Property Meld Nexus Network with API Integration
  • Philadelphia's First Ginger Store Honored With City Citation for Nine Years of Health and Wellness
  • Umbrella Becomes First FinOps Platform to Support AWS Billing Transfer Onboarding
Philadelphia's University City Diligence Capital Advisors
Philadelphia Based Capital Solutions Firm Sources Equity for Extravagant University City (Philadelphia) Apartment Project

PHILADELPHIA - PennZone -- Raising equity for commercial real estate projects is still very possible in this economic climate says Jared Cobert of Diligence Capital Advisors, the well established capital solutions firm based in Philadelphia, PA.

Mr. Cobert sourced and closed on an equity transaction this past Friday September 25th for a 6 unit lavish apartment project in the coveted University City District of Philadelphia, PA.

Philadelphia's "University City" is located at the easternmost portion of West Philadelphia directly across the Schuylkill River from Center City, and encompasses several Philadelphia universities such as the University of Pennsylvania, Drexel University, the University of the Sciences and the Restaurant School at Walnut Hill College. University City is Philadelphia's bustling, culturally diverse academic heart with cutting-edge exhibitions at the Institute of Contemporary Art, swanky eateries and casual bars that attract hip crowds.

More on The PennZone
  • Mel Blackwell to Keynote 2026 NSSF Marketing and Leadership Summit
  • SmartCone and Samsung Launch RoadDefender™ to Enhance Real-Time Safety for Roadside Workers
  • The Personal Development Industry Has a Blind Spot Says Global Personal Success Guru Omar L. Harris
  • Kevin "Mr. Wonderful" O'Leary Begins New Universal Coin & Bullion Promotion of Gold and Silver
  • Flamingo Compliance Launches Schengen Area Trip Planning Tools as New Digital Border Controls Take Effect

"I would not say that raising equity for a luxury residential apartment development in University City is incredibly difficult," said Jared Cobert of Diligence Capital Advisors who was reached by email. "But raising equity in general for any real estate transaction takes an extraordinary amount of focus and determination."

"We were happy to get this done for our client," said Cobert who described the client as a "prolific Philadelphia based multi-family developer."

Rickey Biddle and Michael Tester of R+M Development Company of Philadelphia provided the equity for the project.

Joseph D. Rocco of Campbell Rocco Law represented R+M Development Company in connect with the equity transaction.

Source: Diligence Capital Advisors

Show All News | Disclaimer | Report Violation

0 Comments
1000 characters max.

Latest on The PennZone
  • Modern Site Builders Launches WolfResume.com, an AI Career Kit Built for ATS Hiring
  • Slotozilla Expands Bonus Portfolio and Affiliate Reach Following iGB Barcelona 2026
  • ThoroughCare Expands Remote Patient Monitoring with Withings Integration
  • Wellsboro Earns Gold Bird Town Certification, Highlighting Conservation Leadership
  • XMax Inc. (N A S D A Q) Accelerates AI Expansion With $4.8 Million Contracted Revenue, $30+ Million Enterprise Pipeline and Strategic SpaceX Exposure
  • Lnk.Bio Becomes the First Link-in-Bio Service Fully Manageable from Inside ChatGPT
  • Did Drake Just Find His Next Signee? Peoria Rapper Rhymi Gifts "ICEMANDRAKE" Domains, Drops Debut Album Same Day
  • Andrew Tate Says Los Angeles Is "Where I Belong" as He Hints at USA Move
  • RAS AP Consulting Advances to RFP Stage in Heidelberg Materials' SAP Vendor & Customer Master Data Modernization Initiative
  • Expert E-Bike Safety Advocate Issues Urgent Warning Following Recent Southern California Fatalities
  • VeneerVibe Releases 2026 Snap-On Veneers Market Report
  • David Cavanagh Launches AI SEO Company For ChatGPT And AI Search Visibility
  • Matthew Cossolotto Spotlights Make a Promise Day 2026 Events, Including Official Launch of Harness Your PromisePower and Issuing a "Peace Promise"
  • Landmark Expands Services to Include Specialized Glass and Glazing Solutions Across Los Angeles
  • As Pentagon Releases Ufo Files, Debut Ya Novel Predicted It All
  • RAATV Premieres Original Reality Series "The Access Index: Jackson" June, 19
  • Connecticut Resident Develops Patent-Pending Concept Exploring a New Approach to GPS Navigation
  • JP Events Azerbaijan to Host 2nd Women in Motorsport Event During the Azerbaijan Grand Prix Week
  • MMA Platform Makes History, Pays Jamey-Lyn Horth After Fans Vote on UFC Winnipeg Robbery
  • Resident Inspect Joins Property Meld Nexus Network with API Integration

Popular on PennZone

  • The Finger Comb, a Dream Inspired 3-in-1 Styling Tool introduced by Andrea L. Randolph - 128
  • Bishop Mary's WWDB 860 AM Show Nears Historic 250-Episode Milestone
  • Dog Grooming Businesses Turn to Performance-Based Platforms to Attract Local Clients
  • Virginia Moving Company Nearly Doubles Customer Calls in Two Weeks After Switching to CARL — the Bold New Alternative to WordPress
  • New plusOne Research Finds the Orgasm Gap Is a 30-Point Chasm — and Confirms It Isn't Biology
  • A Powerful Beginning Inside One of Philadelphia's Most Inspiring Early Childhood Education Centers
  • AWARENESS TO WELLNESS: Imhotep Institute Charter High School
  • Keenethics enters the ChatGPT Apps ecosystem as a new growth opportunity for businesses
  • Strategic Talent Associates Launches THE ALIGNED RESET™
  • Studica Robotics Receives 2026 Partner Excellence Award from FIRST® Robotics Canada

Similar on PennZone

  • American Properties Realty, Inc. Celebrates 2026 FAME Awards - Community of the Year - Heritage at South Brunswick
  • HHS Announces Major Push to Address Psychiatric Drug Risks: CCHR Applauds Focus on Informed Consent and Safe Tapering
  • Resident Inspect Joins Property Meld Nexus Network with API Integration
  • Best Companies Group Launches Free Best Banks to Work For Program
  • CCHR: 'Plant-Based' Psychedelics Push Masks Synthetic Drugs and Billion-Dollar Profits
  • NRx Pharmaceuticals (N A S D A Q: NRXP) Accelerates Into National Spotlight as Manufacturing Launch, Federal Policy & AI-Driven Breakthroughs Converge
  • More Life Summit 2026 Announces Gary Brecka & Mr. Olympia Derek Lunsford as First Speakers for Miami Event
  • New Homesites Released at Heritage at Manalapan Featuring Scenic Golf Course Views
  • CCHR Report Links 145 Violent Incidents to Psychiatric Drug Exposure, Urges National Oversight and Action
  • Food Journal Magazine Unveils Its Latest 'Best of Los Angeles' Culinary Discoveries
Copyright © The PennZone | Theme: OMag by LilyTurf Themes
  • Contribute
  • Privacy Policy
  • Terms of Service
  • Contact Us