Real Estate
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Comcast and 76ers Team Up to Purchase Market East Buildings, Eyes Revitalizing Struggling Corridor
Comcast and the Philadelphia 76ers are no strangers to working together, and their latest partnership is part of an effort to revitalize the struggling Market East corridor in Center City, writes Aaron Moselle for WHYY. The two entities recently got together to acquire the 920-938 Market Street and 1000-1024 Market Street properties, respectively. According to…
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Wynnewood’s Merion Realty Buys $82M in Upstate NY Apartment Complexes
Wynnewood’s Merion Realty Partners is stretching its reach northward, writes Mike DeMasi for the Philadelphia Business Journal. The investment firm recently acquired two apartment complexes in Saratoga County, New York, for a combined $82.4 million, marking its first foray into the Albany and Hudson Valley markets. The deal includes 468-unit Fox Run Apartments in Clifton…
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First Bank House of the Week: Spectacular Brick Colonial in West Chester
A spectacular one-of-a-kind brick colonial home on 13.6 beautiful acres with five bedrooms and four full and two half bathrooms is available for sale in West Chester. . . This gorgeous residence offers timeless elegance on a sprawling estate, perfect for equestrian lovers. Refined details include coffered and tray ceilings, hardwood and tile floors, intricate…
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Redevelopment of Former Levittown School Could Bring 89 Residential Units
The ten-acre former site of Abraham Lincoln Elementary School in Levittown could soon be developed into 89 age-qualified residential units, writes Lacey Latch for the Bucks County Courier Times. Bristol Township’s planning commission has already recommended approval of the developer’s plan for a combination of senior apartments and senior flats. Three months on, the project…
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Aronimink Golf Club Mansion for Sale Ahead of PGA Tournament
A 2-acre Aronimink Golf Club mansion in Newtown Square is for sale at $2.899 million, just in time for the 2026 PGA Tournament. The 10,000 square-foot home sits just off the 4th hole fairway of the Donald Ross-designed course, writes Ryan Mulligan for the Philadelphia Business Journal. Aronimink is hosting the 2026 PGA Championship in…
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Boscov’s Set to Outlive Exton Square Mall as New Owner Plans Mixed-Use Town Center to Replace It
With many department store giants, including Macy’s and JCPenney, closing stores during the years-long retail apocalypse, Boscov’s has stayed afloat and expanded, writes Noah Zucker for Bisnow. Now, the Exton Square Mall location of the nation’s largest family-owned department store chain is set to outlast the rest of the shopping center as the new owner…
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Financing from Firstrust Bank Fuels Ambitious Riverfront Vision at Conshohocken’s River Place
River Place, a 62-unit townhouse community taking shape along the Schuylkill River in Conshohocken, is transforming a previously underused stretch of Washington Street. And nearby Firstrust Bank, with its headquarters just a stone’s throw away, has been instrumental in making it happen. Firstrust provided the construction financing for the project, continuing a relationship with the…
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Pacer Financial Founder Scoops Up Three Malvern Office Buildings for Slashed Price
Entities connected to Joe Thomson, Pacer Financial President and Founder, have acquired three office buildings near the company’s Malvern headquarters for $12.5 million, writes Ryan Mulligan for the Philadelphia Business Journal. The three buildings, which total more than 226,000 square feet across 33 acres, were sold by Radnor-based EQT Real Estate. The properties at 100,…
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First Bank House of the Week: Immaculate Traditional Up for $4.2 Million in Berwyn
A spectacular traditional home on six acres with four bedrooms and five and a half bathrooms is available for sale in Berwyn. . . This exquisite residence blends refined living with picturesque surroundings, offering a seamless mix of elegance and comfort. Thoughtful details include custom millwork, gleaming hardwood floors, and beadboard coffered ceilings. Among the…
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New Warrington Development to Feature Five Modern Million-Dollar Homes
Developers recently held a groundbreaking ceremony for a new development of five modern million-dollar homes coming soon to Warrington, writes Lacey Latch for the Bucks County Courier Times. The new development will be located along Elbow Lane. The custom homes within the Pace Way project, a small gated community, will span roughly 4,000 square feet.…
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West Chester Home Listed for $8.8 Million Feels Like Living in a ‘Piece of Art’
A 24,000-square-foot West Chester home made up entirely of concrete, steel, and glass hit the market in January for $8.8 million, writes Ryan Mulligan for the Philadelphia Business Journal. The ultra-modern residence boasts an all-glass cylinder with views of the pool and front yard. There is also another glass-encased walkway at the back of the…
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Radnor-Based EQT Real Estate Makes Huge Phoenix Industrial Buy
EQT Real Estate, based in Radnor, expanded its industrial portfolio with the $128.2 million purchase of Sarival Logistics Center in the Loop 303 corridor located in the Phoenix, Arizona area, writes Haley Mensik for the Philadelphia Business Journal. It is the largest single-building warehouse sale in the region since the beginning of 2023, with the…
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Doylestown Emerging as Region’s Next Hotspot for Luxury Real Estate
With home prices increasing as nearby businesses continue to grow, Doylestown could be emerging as the region’s next luxury real estate hotspot, writes Ryan Mulligan for the Philadelphia Business Journal. Doylestown’s charming downtown and convenient access to major roads are among the reasons buyers have been willing to pay a premium to live in the…
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First Bank House of the Week: Incredible Craftsmanship in Berwyn
A beautiful craftsman colonial home on one lovely acre with five bedrooms and five and a half bathrooms is available for sale in Berwyn. This exquisite residence offers a combination of charm and modern elegance in a peaceful pocket of the Main Line. Details include custom trim, coffered ceilings, wainscoting, wooden accent walls, and high-end…
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Over $2.6 Million Secured for Chester County Affordable Housing
State Rep. Dan Williams, D-Chester, has awarded state funding of $2.6 million to entities that focus on bringing more safe, stable housing for residents in Chester County. In the 74th Legislative District, two were awarded a combined total of $300,000: “Everyone deserves a safe, stable place to call home, and the dedicated support of these…
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Solebury Acquires One of the Largest Undeveloped Tracts in Township
Solebury Township has acquired the former New Hope Crushed Stone & Lime Co. quarry for $1.6 million, writes Jeff Werner for the Patch. The purchase of the 166-acre site secures one of the township’s largest undeveloped tracts. It features a 60-acre lake and more than 3,000 feet of stream corridor along Primrose Creek. The property…
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Hidden in the Walls: Uncovering Forgotten Home Features
Houses have always reflected the technology, lifestyles, and culture of their times. Across the decades, American homeowners tailored their homes to fit their visual preferences and practical needs. As technology developed, home features once considered trendy quickly fell out of fashion and function. To celebrate American Housing Month, we’re looking to the past to explore…
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Micro-Rental Trend, Big on the West Coast, Increasing in Philadelphia
While micro-housing started out as a solution for factory works and newcomers to a big city, it has since become a trend for many others. The trend has been primarily a West Coast one, but it has started moving elsewhere throughout the country, such as the Northeast, where Philadelphia leads the charge, writes Andrei Popa…
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