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PHILADELPHIA - Californer -- Philadelphia's fastest growing real estate capital solutions and underwriting firm Diligence Capital Advisors has expanded its offering for clients by adding a new division of the company which focuses on representing clients on the acquisition of commercial real estate in the Philadelphia Metro Market. There were whispers on Friday February 7th, 2020 that Diligence Capital Advisors had inked a long term Joint Venture with AM Realty Advisors, LLC, which is a boutique real estate brokerage based in King of Prussia, PA Philadelphia, PA and South Jersey. The rumor amongst the Philadelphia real estate community was that Diligence Capital Advisors was creating a unique "global" offering for its developer clients in response to increased market demands. Jared Cobert, managing member of Diligence Capital Advisors, confirmed the rumors by email this morning.
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"Expanding our firm's offering to include brokerage representation for developers through the acquisition process is a very natural extension of our business, said Cobert. "Instead of working with random, unaffiliated real estate brokers on the acquisition of real estate, we now have the in-house capability to represent our developer clients throughout the entire acquisition process in addition to underwriting the entire deal for them and sourcing capital investments for the transaction."
Joseph Rocco, owner and broker of record of AM Realty Advisors, LLC, echoed Cobert's sentiments.
"Our brokers at AM Realty Advisors are not really real estate brokers in the truest sense of the word. They are practicing commercial real estate attorneys, real property appraisers and title company executives who have handled billions of dollars of commercial real estate deals. Now, these folks can add significant value to the robust list of developer clients of Diligence Capital Advisors," said Rocco.
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Diligence Capital Advisors has accumulated significant market share in a short period of time with its unique offering of first class underwriting and capital sourcing. This newest offering will only serve to advance its rapid growth.
About Diligence Capital Advisors
Diligence Capital Advisors is a Capital Solutions Firm based in Philadelphia, Pennsylvania and Haddonfield, New Jersey. The principals of Diligence Capital Advisors have sourced and/or closed senior debt, mezz debt, JV equity and preferred equity deals valued over 2 billion dollars. If you have a real estate project in the Philadelphia or New Jersey market that requires debt or equity, contact Diligence Capital Advisors at http://www.DiligenceCapitalAdvisors.com
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"Expanding our firm's offering to include brokerage representation for developers through the acquisition process is a very natural extension of our business, said Cobert. "Instead of working with random, unaffiliated real estate brokers on the acquisition of real estate, we now have the in-house capability to represent our developer clients throughout the entire acquisition process in addition to underwriting the entire deal for them and sourcing capital investments for the transaction."
Joseph Rocco, owner and broker of record of AM Realty Advisors, LLC, echoed Cobert's sentiments.
"Our brokers at AM Realty Advisors are not really real estate brokers in the truest sense of the word. They are practicing commercial real estate attorneys, real property appraisers and title company executives who have handled billions of dollars of commercial real estate deals. Now, these folks can add significant value to the robust list of developer clients of Diligence Capital Advisors," said Rocco.
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Diligence Capital Advisors has accumulated significant market share in a short period of time with its unique offering of first class underwriting and capital sourcing. This newest offering will only serve to advance its rapid growth.
About Diligence Capital Advisors
Diligence Capital Advisors is a Capital Solutions Firm based in Philadelphia, Pennsylvania and Haddonfield, New Jersey. The principals of Diligence Capital Advisors have sourced and/or closed senior debt, mezz debt, JV equity and preferred equity deals valued over 2 billion dollars. If you have a real estate project in the Philadelphia or New Jersey market that requires debt or equity, contact Diligence Capital Advisors at http://www.DiligenceCapitalAdvisors.com
Source: Diligence Capital Advisors
Filed Under: Investment, Real Estate
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