Keith J. Delaney
President & Chief executive officer
Mr. Delaney has extensive experience in real estate development, financing, strategic planning, mergers & acquisitions, accounting, financial management, corporate finance and governance. He has over 25 years of experience working closely with real estate and privately-held, lower middle market operational companies. Throughout his career, he has excelled in negotiation, business planning, relationship building, and the ability to solve and use knowledge to effectively deliver results. Mr. Delaney's strength and experience in operational, financial, and transactional work across many diverse industries is demonstrated in his reputation and list of successful projects.
Mr. Delaney’s career of projects have ranged from mixed use office re-development to ground up new developments. He has served as Chief Financial Officer and Senior Vice President for regional commercial real estate development companies and has developed/financed over $1B of projects. His experience includes the capital strategy and equity/debt raise, strategic planning, and partnership structuring. He began his career at Arthur Andersen, LLP where he was a Manager in their Enterprise Group, focusing on transaction advisory and due diligence services.
Mr. Delaney founded the D2 Organization in 2014 with a focus on the development of value-add opportunities. He graduated from the Wharton School of Business at the University of Pennsylvania.
David Frankel
Chief Operating Officer
Mr. Frankel brings more than 15 years of experience in all facets of the commercial real estate industry. As COO, Mr. Frankel manages all aspects of business operations with a focus on strategies for expanding the growth trajectories of D2’s development and capital advisory businesses. Since joining D2 in 2016 as Vice President of Investments, he has led the growth of D2’s capital advisory business to more than $400M in transactions while simultaneously supporting the expansion of D2 Organization’s commercial development platform, which currently has more than 5 million square feet under development.
In addition to his development, construction, management, and leasing experience, Mr. Frankel is a seasoned specialist in all aspects of investments including institutional investment holdings, value add acquisitions and repositioning, distressed debt purchases and workouts, and ground up development.
Prior to joining D2, Mr. Frankel spent 3 years as a Director at Newmark Grubb Knight Frank (NGKF) in the Global Corporate Services group managing all aspects of a client’s 5M+ square foot global real estate portfolio. Previous to NGKF David worked in asset management for a privately held regional real estate management and development company. Mr. Frankel is a graduate of Syracuse University and lives in Ardmore, PA.
Jack Cortese
Vice President, Capital Markets
Mr. Cortese leads D2 Capital Advisors' transaction advisory vertical, overseeing the origination and execution of debt and equity transactions for clients and D2 Organization’s developments and investments. Since joining in 2017, he has orchestrated over $775 million in financings, employing a proactive approach with clients and capital relationships throughout the financing process.
In 2023, Mr. Cortese was recognized as a Rising Star by the Philadelphia Business Journal. He has also been honored as a Top Mortgage Broker of 2020 & 2021 by the Mid-Atlantic Real Estate Journal and was selected for Commercial Observer’s 25 Under 35: The Top Young Debt and Equity Professionals of 2019.
Mr. Cortese also collaborates closely with D2’s development team on internal projects, aiding in the structuring and sourcing of new investment opportunities.
Mr. Cortese is a graduate of the University of Pennsylvania. Originally from Los Angeles, he has returned to Philadelphia after previously working in New York and currently resides in Center City.
Victor DePallo
Design & Planning Consultant
Mr. DePallo has more than 30 years of professional experience in project management and implementation focusing on site master planning, site design and engineering, project permitting and construction administration for a wide array of projects. Mr. DePallo joined D2 upon its inception to serve as Director of Development where he oversaw the company’s project administration, permitting and construction. Mr. DePallo, having earned a Master’s Degree from Harvard University and Bachelors Degree from Penn State University, is trained as a planner and landscape architect.
Prior to joining the D2 Team, Mr. DePallo was the founder, owner and principal-in-charge of DePallo Design & Planning LLC, a land planning, site engineering and development consulting firm in Metro Philadelphia. Mr. DePallo has successfully managed projects through the redevelopment process with significant economic development benefits. In addition to his professional endeavors, he is noted as a teacher, guest lecturer and community volunteer.