Real Estate
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First Bank House of the Week: Gorgeous Historic Farmhouse in Coatesville
A gorgeous farmhouse set on 5.12 acres with five bedrooms and five full and two half bathrooms is available for sale in Coatesville. . . This extraordinary residence perfectly blends historic charm with modern luxury and showcases meticulous care throughout. Random-width hardwood floors, deep window sills, and the recently updated cedar shake and metal roofing…
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Upper Dublin Planning Commission Advances BET Investment’s Promenade Proposal
The Upper Dublin Planning Commission voted to recommend advancing BET Investments mixed-use development proposal for the Prudential tract, writes Linda Finarelli for The Reporter. The proposal seeks ordinance amendments to accommodate Promenade East, a 90-acre development featuring 600 apartments, 160 stacked townhouses, 100,000 square feet of office space, a 150-unit senior living facility. There is…
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Conshohocken’s Morgan Properties Expands into Kentucky
Conshohocken’s Morgan Properties, the nation’s largest private owner of multi-family communities, has expanded into Kentucky, reports the company. The $39 million acquisition of Blankenbaker Crossings in Louisville makes Kentucky state number 20 in Morgan Properties ever-growing portfolio. This comes as the company celebrates its 40 year anniversary. Morgan Properties already has a footprint in the…
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Newtown Square Home Moves Out of the 1970s but Keeps Its Charm
Sam and Amanda Kirk found the perfect midcentury modern ranch house in Newtown Square to move to from Jersey City in 2019. “We wanted to be closer to family and take advantage of these wonderful schools,” said Sam, owner of the Jersey City cafe Sam a.m. “We have always been drawn to modern, clean spaces.”…
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Philadelphia Now Ranks Among Zillow’s Top Five Hottest Housing Markets for 2025
Greater Philadelphia has climbed six spots from last year to rank as the nation’s fifth hottest housing market for 2025, according to Zillow, writes Ryan Mulligan for the Philadelphia Business Journal. Local real estate experts believe that the current year could bring back some semblance of normality to the Philadelphia-area real estate market following a…
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First Bank House of the Week: Lush Escape in Phoenixville
A stunning lush home on 4.6 acres with five bedrooms and three and a half bathrooms is available for sale in Phoenixville. . . This custom-built residence is a unique retreat with many thoughtful details, including architectural windows, Anderson sliders, and high wood-covered pitched ceilings that bring character to the home. Notable highlights upstairs include…
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Fort Washington Developer Purchases 61-Acre Newtown Site for $6.98M to Build 45 Single-Family Homes
Fort Washington-based Toll Brothers has paid $6.98 million for a 61-acre Newtown site where it plans to build 45 single-family homes, writes Paul Schwedelson for the Philadelphia Business Journal. The undeveloped site is located at 107 Twining Bridge Road, next to All Saints Cemetery. It was acquired from Philadelphia Catholic Cemeteries, part of the Archdiocese…
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Homes in Philadelphia Region Were Slightly More Affordable Last Year, But Still Too Pricey for Many
Buying a home in the Philadelphia region last year was slightly more affordable than in 2023, but prices were still too high for many potential buyers, writes Michaelle Bond for The Philadelphia Inquirer. While home prices were lower in the region than across the country as a whole, 2024 was still the second-least affordable year…
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Villanova Home That Sold in Less Than a Week Among Intriguing 2024 Homes
A Villanova home owned by David Kelleher and Marlo Pagano-Kelleher, the president of David Auto Group in Glen Mills and the founding member of Pagano Law Firm in Radnor, was one of the most intriguing 2024 homes in the region. It sold in less than a week, writes Ryan Mulligan for the Philadelphia Business Journal.…
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King of Prussia’s Westover Buys New York Real Estate Portfolio for $94.5M
King of Prussia-based Westover recently purchased a multifamily real estate portfolio in New York for $94.5 million from Black Spruce Management, writes Paul Schwedelson for the Philadelphia Business Journal. The 98,000-square-foot, 147-unit portfolio consists of 13 properties in Manhattan’s Chelsea neighborhood, between West 19th and West 29th streets. The properties average five stories. The acquisition…
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Luxury West Chester Estate For Sale at $10.8 Million One of the Most Remarkable in Area
A contemporary West Chester mansion is one of the most remarkable properties currently for sale in the area, writes Sandy Smith for Philadelphia Magazine. The estate, located at 1256 S. Creek Road in West Chester, was built in 2007 and contains nearly 24,000 square feet of indoor space. In addition to its five bedrooms and…
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These Chesco Towns are Among Those with Fastest-Growing Home Prices in Pennsylvania
Fourteen Chester County towns are among those with the fastest-growing home prices in Pennsylvania, according to a new report by Stacker. Cities were ranked based on the dollar change in the Zillow Home Values Index for all homes for the twelve months ending November 2024. Berwyn ranked the highest in second place. The town has…
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New Warehouse Set to Break Ground in Souderton
A new 176,000-square-foot warehouse is coming to Souderton from Endurance Real Estate Group and Greystar-Thackeray, writes Paul Schwedelson for the Philadelphia Business Journal. The 14-acre property previously belonged to Franconia Technology Associates, but no price tag was disclosed. Construction is expected to begin in the coming weeks and completion of the projected is expected by…
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VRA Realty Introduces Investor Agent Zack Cucinotta
On VRA Realty’s podcast, Investor Agents, Real Estate Agent Steve Seymour sat down with Investor Agent Zack Cucinotta. In his discussion with Seymour, Cucinotta shares his journey from Loan Officer to becoming a successful Real Estate Investor and Agent. Cucinotta also shared how reading Rich Dad Poor Dad sparked his passion, and how networking with…
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Hankin Apartments Recognized in 2024 ‘Best Places to Work Multifamily’ Ranking
Hankin Apartments, Hankin Group’s premier property management company, has been recognized by Multifamily Leadership on the 2024 “Best Places to Work Multifamily” list for the sixth consecutive year. The company was also recognized in the “Best Places to Work Multifamily for Women” category. The annual awards program recognizes the best employers in the multifamily property…
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Five Vacant Northwest Philadelphia SEPTA Train Stations Could Soon Get New Life
SEPTA could soon lease to give new life to five vacant train stations in Northwest Philadelphia, writes Mike DeNardo for KYW Newsradio. The SEPTA board will vote on Thursday on whether to lease the five historic but closed-up stations to developer Ken Weinstein’s firm, Philly Office Retail. The five stations along the Chestnut Hill East…
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Local Realtor Predicts Growth in Listings Will Help Stabilize Bucks County Real Estate Market
Though Bucks County has experienced a seller’s real estate market for several years, a local realtor anticipates substantial growth in residential listings, which could help stabilize prices for buyers, writes Lacey Latch for the Bucks County Courier Times. Stephanie Garomon, 2024 president of the Bucks County Association of Realtors, said that the situation in the…
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Phillies Legend Mike Schmidt’s Former Media Home Sells for $2.9M
Someone has paid $2.995 million for Phillies legend Mike Schmidt’s former mansion in Media Borough, writes Ryan Mulligan for Philadelphia Business Journal. The sales price, reported by Zillow, is 40 percent below its original listing of $4.975 million in April 2023. The 12,000-square-foot seven bedroom, six and a half bath mansion is off Providence Road…
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