THE WIRE · № 77271
D2 Capital Advisors Arranges $35,830,000 in Construction Financing for Somerset Phase II in Philadelphia's Port Richmond Neighborhood
01 THE MACHINE READ
WHY IT MATTERS.
Construction financing for a 170-unit multifamily project signals continued multifamily development activity, but is a single local deal with no broad market read-through.
Single-project financing, no market-wide signal
Further D2CA deal announcements or regional supply data
One deal says little about national housing trends
FULL DISPATCH
PHILADELPHIA, Oct. 13, 2026 /PRNewswire/ -- D2 Capital Advisors (D2CA) today announced that it has arranged and closed a $35,830,000 construction financing package for Somerset Phase II, a 170-unit multifamily development at 2202 E. Somerset Street in the Port Richmond neighborhood of...
02 THE STORY SO FAR
THE RECORD, IN ORDER.
STANDALONE ITEM — NOT YET FOLDED INTO A DEVELOPING STORY.
03 WHO'S INVOLVED
ENTITIES ON FILE.
04 RECEIPTS
THE SOURCE RECORD.
1 SOURCES CONFIRMED05 PROPAGATION
WHAT THIS TOUCHES.
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