PHILADELPHIA, PA — The Resmark Companies, a private equity real estate firm, announced a joint venture development investment with The Concordia Group and D3 Real Estate Development to develop a waterfront townhome community in the Manayunk neighborhood of Philadelphia. Construction is currently underway at The Locks, a collection of 63 waterfront residences, each with views of the Manayunk Canal, the Schuylkill River or both. “Resmark is excited to continue our partnership with Concordia and D3 on another dynamic project in the city,” said Alexandra Johns, senior vice president, investments, Resmark Land and Housing. “Like Southwark on Reed, our first investment together, The Locks interacts with the local architecture and land plan to create an exceptional sense of place, and an exciting homeownership opportunity. The project is attracting substantial interest and sales activity is already strong,” Johns added.