Real Estate
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First Bank House of the Week: Contemporary Rambler Surrounded by Trees in Devon
A modern rambler home on one lovely acre with four bedrooms and two and a half bathrooms is available for sale in Devon. . . This serene residence offers the perfect blend of contemporary design and natural surroundings, perched on a wooded hillside giving the feeling of a modern treehouse. Thoughtful details include hardwood floors,…
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Equus Capital Pays $73.1M for Lansdale’s Jacobs Woods Apartments
Equus Capital Partners has made a major investment in Lansdale, acquiring the 230-unit Jacobs Woods apartment complex for $73.1 million, writes Paul Schwedelson for Philadelphia Business Journal. The Newtown Square-based firm plans to invest another $5.8 million in renovations to the garden-style community, which spans 37 acres and features 33 townhome-style buildings. Each unit comes…
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Philadelphia’s New Apartments Are Among the Smallest in the Nation, According to New Report
As the average size of new apartments are continuing to expand nationwide, some cities such as Philadelphia are an exception. Philadelphia has the 10th smallest average new apartment size in the nation, according to a new report by RentCafe. The report found that new Philadelphia apartments are an average of 759-square-feet, which is significantly lower…
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Buyers of Fishtown Property Unveil Conversion Plans After $1.7 Million Acquisition
The buyers of a Fishtown property, which has three buildings next to SEPTA’s Market-Frankford Line, plan to convert the existing hotel into apartments and replace two eateries with a New York-style deli, writes Emma Dooling for the Philadelphia Business Journal. Brothers Sam and Mohammed Abiah and other undisclosed investors paid $1.7 million for the site…
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West Chester Housing Market Surges as HSN Relocates to QVC Headquarters
Chester County homes are experiencing a surge in popularity as the Home Shopping Network (HSN) relocates to West Chester, writes Jeff Blumenthal for Philadelphia Business Journal. In January, QVC Group, the parent company for both QVC and HSN, announced plans for both sister networks to be housed in QVC’s Studio Park headquarters. A company spokesperson…
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Real Estate Group Buys Up Suburbia Shopping Center in Pottstown for $27 Million
Suburbia Shopping Center in Pottstown recently sold to Lancaster-based High Real Estate Group for $27 million, writes Paul Schwedelson for the Philadelphia Business Journal. The 26-acre shopping center, located at 80 Glocker Way off Route 100, is anchored by a Giant grocery store, with other tenants including Dollar Tree, Starbucks, UPS Store, and Tower Health.…
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National Homebuilder D.R. Horton Buys Up Coatesville Property to Build 132 Homes
D.R. Horton, a national homebuilder, has purchased a 17-acre undeveloped property in Coatesville for $3.1 million, where it plans to build 132 homes, writes Paul Schwedelson for the Philadelphia Business Journal. The map on the Texas-based company’s website currently shows 67 townhomes for the site, but D.R. Horton plans to add another 65 homes as…
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First Bank House of the Week: Stunningly Massive Ranch in East Fallowfield Township
A stunning brick colonial home on a massive 205.9 parcel with five bedrooms and five and a half bathrooms is available for sale in East Fallowfield Township. . . Part of the original Buck and Doe Run Valley Farms, the King Ranch is a true treasure surrounded by large tracts of land under conservancy. The…
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VRA Realty Recognized Among Pennsylvania’s Top Brokerages in 2025 by RealTrends Verified
VRA Realty is thrilled to share a significant milestone: its inclusion in RealTrends Verified’s 2025 rankings for both Top Brokerages and Top Independent Private Brokerages in Pennsylvania. This dual recognition affirms what the firm’s clients and partners already know: VRA Realty is setting the standard in real estate through client-first service, innovative tools, and meaningful community engagement. What Are RealTrends…
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Historic Penn Valley Carriage House with Private Golf Greens Hits Market for $2.3M
A rare blend of Main Line history and modern luxury is for sale in Penn Valley, complete with a (partial) golf course, writes Ryan Mulligan for the Philadelphia Business Journal. Listed at $2.3 million, this 7,400+ square foot home sits on 1.6 acres near Gladwyne and features six bedrooms, seven bathrooms, and three backyard golf…
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Collaborative Real Estate Summit 2025: A Transformative Gathering That Elevated the Industry
Mar. 26 marked a turning point for the industry. At the Crowne Plaza Philadelphia in King of Prussia, a curated group of real estate’s sharpest minds — agents, investors, developers, and disruptors — converged for a day of relentless momentum. Hosted by VRA Realty and backed by powerhouse sponsors, the Collaborative Real Estate Summit wasn’t…
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Merion Building in King of Prussia Sold to Florida Real Estate Firm for $11.8M
The Merion Building in King of Prussia has been acquired by Florida-based Onicx Group for $11.8 million, marking the real estate firm’s first investment in the Philadelphia region, writes Paul Schwedelson for the Philadelphia Business Journal. Ilya Hvostikov, vice president of acquisitions for Onicx, called the building’s location on the northeast corner of South Gulph…
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Goodnoe’s Corner, Village Center Sold for Combined $29.18M
Goodnoe’s Corner in Newtown and Village Center in Bensalem have been sold to ShopOne Center’s REIT and joint venture partners – Pantheon investment firm and a global institutional investor – for a combined $29.18 million, writes Jeff Werner for the Patch. The seller was the Palladino Development Group, which also owns Newtown Shopping Center next…
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Montgomery County Home Prices Defy National Slowdown
While the national housing market is experiencing a slowdown, Montgomery County continues to see notable growth in home values, write Janice Kai Chen and Rachel Lerman for the Washington Post. Nationally, single-family home prices have increased by just 2.7% over the past year, a significant drop from the previous year’s 6% rise. In contrast, Montgomery…
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First Bank House of the Week: Stunning Malvern Colonial in Great Valley School District
Set on a quiet cul-de-sac at 6 Woodford Lane in Malvern, this custom-built colonial offers timeless elegance, thoughtful upgrades, and a private backyard retreat—all listed at $1,135,000. . . Located in the award-winning Great Valley School District, the 5-bedroom, 4.5-bath home spans over 5,200 square feet of finished living space and sits on just over…
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Developer Plans to Blend Suburbia and City Life in Redevelopment of Exton Square Mall
Abrams Realty & Development aims to combine the best of suburban charm and city living in the mixed-use redevelopment of the struggling Exton Square Mall, writes Noah Zucker for BISNOW. However, the design is still being finalized as the developer tries to address concerns of nearby residents, some of whom oppose the project over potential…
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Bucks County Housing Market Stands Strong Amid Slowing Nationwide Trends
While home prices are cooling across the country and even falling in some regions, the housing market in Bucks County still remains hot, fueled by steady demand and supported by the limited inventory, write Janice Kai Chen and Rachel Lerman for The Washington Post. Nationwide, prices for single-family homes increased by just 2.7 percent over…
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Joint Venture Buys Bensalem, Newtown Shopping Centers for Total Price of $28.9M
Two open-air retail shopping centers in Bucks County sold to a joint venture for a total of $28.9 million, writes Paul Schwedelson for the Philadelphia Business Journal. ShopOne Centers REIT of New York City, together with London investment firm Pantheon, and a global institutional investor paid $15.38 million for Goodnoe’s Corner in Newtown and $13.55…
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