D2 Capital Advisors arranges $34.7M for Franklin Realty Dev. to construct Harbor Landing

EGG HARBOR TOWNSHIP, NJ­­ — D2 Capital Advisors, the transaction advisory affiliate of the D2 Organization, has successfully arranged $34.7 million in construction financing on behalf of Peter Gebert, president of Franklin Realty Development, to begin the ground-up construction of the Harbor Landing apartments in Egg Harbor Township. The financing was provided by a regional bank and an unnamed equity source.
The class-A multifamily development will consist of 204 luxury units across eight garden style apartment buildings and include a 3,500 s/f  clubhouse. The amenity rich community will include a salt water resort style pool, a fitness center, tennis and volleyball courts, and two fenced dog runs. Ground breaking is expected to begin within 60 days.

 

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