Menu
ncarol.com
  • Home
  • Books
  • Health
  • Book Release
  • Real Estate
  • Manufacturing
  • Business
  • Financial
  • Construction
ncarol.com

Philadelphia Developer KNE to Build 6 Luxury Apartment Units in South Kensington
ncarol.com/10078390

Trending...
  • Project CIVICA Report Finds 10,680 Non-Citizen Indicators on New York Voter Rolls — Including 88 Records with Recent Voting History
  • Bspin Launches Lightning-Fast Crypto Gaming Expansion With Sportsbook, Poker, VIP Rewards, and Bitcoin Lightning Network Integration
  • From Temecula Wine Country to Canyon Lake: Parkway Construction Transforms Outdoor Spaces for Inland Homeowners
KNE & Diligence Capital Advisors Close Loan Diligence Capital Advisors
Philadelphia based Developer KNE Companies Closes Loan to Build 6 Luxury Apartment Units in South Kensington

PHILADELPHIA - ncarol.com -- The Philadelphia multi-family market has remained strong throughout the on-going uncertainty of the COVID-19 pandemic as evidenced by the many recent loan closings of multi-family construction financing in the Philly market. Kyle Earthman, owner of KNE Companies in Philly, was the most recent recipient of an acquisition and construction loan for a multi-unit apartment project in Philadelphia. The closing of the acquisition construction financing occurred on Friday October 9, 2020. Earthman's company KNE will be building 6 luxury apartment units in Philly's South Kensington neighborhood.

More on ncarol.com
  • Sensory Education launches new neuro-affirming psychoeducation book, Sensory Diversity
  • Break the Resume Mold: Career Valet Changes How Executives Hunt for Jobs
  • Who Is KayeDinero? Asheville Artist Answers With New Singles K-Mart, Grace and Been Famous
  • James Dooley Named King of AEO at Ceremony in Leigh, England
  • Calling all healthcare process experts: Share your ideas at #HSPI2027 in Orlando

A South Jersey Community Bank provided the financing to KNE secured by a first mortgage lien position loan on the project. The transaction size was over $1,000,000.

Earthman is delighted with the terms. "We worked hard to get a lender who was the right fit for this project", said Earthman. "In the end we found a southern New Jersey community bank that funded 80% of costs and gave us friendly permanent loan terms."

Earthman's company KNE was represented by Amanda Sokol and Jared Cobert of Diligence Capital Advisors on the loan transaction.

"We all worked hard on this, including our brokers. I am very happy with the result", said Earthman.

The project is scheduled to deliver in the Spring of 2021.

Contact
Diligence Capital Advisors
jcobert@diligencecapitaladvisors.com


Source: Diligence Capital Advisors
Filed Under: Real Estate

Show All News | Disclaimer | Report Violation

0 Comments
1000 characters max.

Latest on ncarol.com
  • Sales Blueprint Architect Launches, Helping Sales Professionals, Business Owners, and Consultants Close More Business With AI
  • Martin Sumichrast Launches New Website Ahead of 'Getting Sheared' Book Release
  • Parksy (parksy.com) Tackles the Most Common Parking Problem Nobody Talks About: Finding the Car Again
  • 3ptechies Partners with Coolmuster to Give Away Data Recovery Software Licenses
  • INAD Warriors' 4th Annual "Dancing with the INAD Stars" Gala
  • Charlotte Homebuyers Are Comparing More Than Houses as Regional Competition Expands
  • DAZN Review 2026: Streaming Price Worth It?
  • Dr. Pen Official Introduces Advanced Microneedling Technology for Precision Skincare at Home
  • Bspin Launches Lightning-Fast Crypto Gaming Expansion With Sportsbook, Poker, VIP Rewards, and Bitcoin Lightning Network Integration
  • New from Regal House, The King's Ghost, Imhotep and his cousin Anitepsut caught in a web of deceit
  • From Temecula Wine Country to Canyon Lake: Parkway Construction Transforms Outdoor Spaces for Inland Homeowners
  • Goldshine Management Consulting Announces Multifamily Management Challenges and Opportunities Survey
  • New Study Finds Advisor-Owned Websites Lead ChatGPT's Financial Advisor Recommendations
  • Tryon Prepares for a Special Night of Music and Launch of Nina Simone and Samuel Waymon Scholarship
  • Gigasoft 2026 JavaScript Chart Comparison: ProEssentials, Highcharts, SciChart, LightningChart, ECharts
  • Experienced eXp Realty Agent Kerri Lawless Guides Buyers and Sellers Through Life's Next Chapters in St. Tammany Parish
  • Supreme Garage Door Repair Redirects Marketing Dollars Into North Texas Communities
  • RAS AP Consulting Spotlights Managed AP Governance™ at Esker All Access
  • ANSI BSR Upholds Appeal of AFDE Member Andrew Sulner, MSFS, JD, finding the AAFS Academy Standards Board (ASB) Violated ANSI Essential Requirements
  • Kentucky's Plane Crash Data Lands Far from the State's Busiest Airports
_catLbl0 _catLbl1

Popular on ncarol.com

  • Heritage at South Brunswick Introduces New Ferndale Floorplan: The Largest Single-Family Home Design in the Community - 445
  • Why Baton Rouge's Humid Climate Can Contribute to Carpenter Ant Damage — J&J Exterminating Explains How to Protect Your Home - 131
  • Opteamix welcomes Girish Ramachandra to its leadership team as Senior Vice President of Client Services - 120
  • Phinge Exposes Massive AI Security Risks, Claiming Its Patented Hardware-Verified Architecture Is The Only Safeguard Against Surveillance Capitalism - 116
  • RAS AP Consulting Expands Managed AP Governance™ Ecosystem, Launches Trademark Process, and Secures IFOL Speaker Invitation - 116
  • 5X Gross Margin Improvement to Beat EPS Consensus; $54.6 Million 10-Year Contract Award Puts Cybersecurity Leader on Path to a $30 Million Run Rate - 110
  • UK Financial Ltd Makes History: Chainlink CRE Circulating Supply Verification Goes Live Across Its Complete Ecosystem Of Nine Exchange-Traded Tokens
  • Project CIVICA Report Finds 10,680 Non-Citizen Indicators on New York Voter Rolls — Including 88 Records with Recent Voting History
  • Michael M. Thomas Expands Executive Leadership Across Central India Outreach and Royal Trinity School
  • KeysCaribbean Resorts Offer Savings On Vacations Through Aug. 31, Preview Exceptional Select Fall Rates of Less Than $200/Night

Similar on ncarol.com

  • GLADYS Magazine Celebrates their 18 Year Anniversary!
  • New Townhome Building Released at Heritage at South Brunswick, Offering Private Perimeter Setting and Water Views
  • Break the Resume Mold: Career Valet Changes How Executives Hunt for Jobs
  • James Dooley Named King of AEO at Ceremony in Leigh, England
  • DuoKey launches the World's First Agentic Crypto Agility Platform
  • Sales Blueprint Architect Launches, Helping Sales Professionals, Business Owners, and Consultants Close More Business With AI
  • Parksy (parksy.com) Tackles the Most Common Parking Problem Nobody Talks About: Finding the Car Again
  • Charlotte Homebuyers Are Comparing More Than Houses as Regional Competition Expands
  • Goldshine Management Consulting Announces Multifamily Management Challenges and Opportunities Survey
  • Experienced eXp Realty Agent Kerri Lawless Guides Buyers and Sellers Through Life's Next Chapters in St. Tammany Parish
Copyright © 2026 ncarol.com | Contact Us | Privacy Policy | Terms of Service | Contribute