Real Estate
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Here’s What $3 Million Will Buy in Chester County Right Now
A gorgeous modern home in Devon, featuring walls of windows throughout, is among the residences currently available in Chester County for $3 million, writes Ryan Mulligan for the Philadelphia Business Journal. Perfectly nestled on a lovely 3.8-acre lot, this spacious residence opens onto a three-story foyer with a modern staircase to the left and the…
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Montgomery County Has Five of the Top 10 Hottest Housing Markets in the Region
Five Montgomery County towns have been recognized among the hottest housing markets in the Philadelphia region, reports Joanne Drilling and Ryan Mulligan for the Philadelphia Business Journal. The analysis emphasized ZIP codes with surging sales activity and rising prices rather than merely expensive or popular markets. Wynnewood led Montgomery County, number 2 locally, with an…
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First Bank House of the Week: Exquisite Colonial on Six Acres in Downingtown
An exquisite colonial home on 6.19 acres with five bedrooms and three and a half bathrooms is available for sale in Downingtown. . . This lovely residence welcomes you with its inviting front porch perfect for enjoying morning coffee. Other highlights include a living room with large windows and cozy wood-burning fireplace, elegant formal dining…
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TikTok Star Loren Gray Shares the Struggles of Owning a 300-year-old Pennsylvania Farmhouse
TikTok star and Pottstown native Loren Gray has shared insights into her life since moving into a 300-year-old, formerly abandoned farmhouse in Pennsylvania, writes Marianne Garvey for Realtor.com. In 2022, she purchased the property which had been neglected for years until a contractor restored it. Gray expressed admiration for maintaining the house’s historical integrity, calling…
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First Bank House of the Week: Picturesque Cabin on 40 Acres in Coatesville
A picturesque farmhouse on 40.21 acres with two bedrooms and one and a half bathrooms is available for sale in Coatesville. . . Perfectly nestled in a spectacular valley setting, Summer Duck Lane offers breathtaking views of the countryside and highly-coveted privacy year-round. Originally built in 1900, the main residence has a stone farmhouse with…
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New 255-Unit Luxury Tower Opens in Center City
Southern Land Co. recently opened a new 255-unit, 27-story luxury tower in Center City, writes Claudiu Tiganescu for Multi Housing News. RBC Bank issued a $112 million construction loan in 2022, according to Yardi Matrix data. That same year, the developer broke ground on the tower and topped out in 2023. The new luxury tower,…
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BET Investments Plan Major Developments in Conshohocken
BET Investments recently acquired the 16-acre Conshohocken Ridge Corporate Center for $17 million, reports Paul Schwedelson for the Philadelphia Business Journal. The company plans to redevelop the site into a mixed-use community featuring up to 200 apartments, retail space, and retaining some office space. BET aims to create a vibrant environment similar to its successful…
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From an Abandoned Glen Mills Home, a Meadow and Rustic Rancher Sprung Up
The emphasis was on outdoor living and a Glen Mills meadow when Kevin Nolan and his wife, Mary Fran McLaughlin, decided to buy an abandoned house in 2009, writes Terri Akman for The Philadelphia Inquirer. The home was unlivable but rested on seven acres of land, said Nolan, the retired owner of Nolan Painting in…
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Have a $1 Million House Budget? Here’s What It Can Get You in Philadelphia
As home prices continue to rise across the Greater Philadelphia region, having a seven-digit budget isn’t getting you as far as it would in the past, writes Ryan Mulligan for the Philadelphia Business Journal. In Philadelphia, homebuyers with $1 million can purchase a fairly new townhome or luxury condo in a prime location. There is…
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First Bank House of the Week: Custom-Built Traditional in Malvern
A stunning custom traditional home on 9.18 acres with five bedrooms and three full and three half bathrooms is available for sale in Malvern. . . This exquisite residence embodies the perfect blend of luxury and comfort. It boasts many beautiful details, including soaring ceilings and exquisite Brazilian cherry hardwood flooring throughout. . . Highlights…
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Woman Literally Got in on the Ground Floor in Springfield Home Buy
Dee Bhattachara really planned ahead when she went shopping for her Springfield home, writes Paul Jablow for The Philadelphia Inquirer. She spotted a Springfield location where construction of a house was just starting. “I grabbed it as they were starting to build.” Unlike most home buyers, that allowed her to give significant in put on…
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VRA Realty Welcomes Chief Results Officer Rebecca Barton
VRA Realty recently welcomed Rebecca “Beckie” Barton as Chief Results Officer, a position that reflects its continued commitment to agent support and growth. Barton’s expertise and passion for fostering professional success complement VRA Realty as it continues to grow and shape the future of real estate in its brokerage. Barton, with over 20 years of experience,…
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Large Plymouth Meeting Executive Campus Sells for Steep Discount
FLD Group and the Adjmi family have purchased the Plymouth Meeting Executive Campus for $65.5 million, writes Paul Schwedelson for Philadelphia Business Journal. The price tag was significantly below initial market expectations of over $100 million. The five-building, 521,288-square-foot Class A office complex sold for $126 per square foot, a 14% price drop from its…
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First Bank House of the Week: Imposing Colonial in Phoenixville
An imposing colonial home set on 1.01 acres with five bedrooms and three full and three half bathrooms is available for sale in Phoenixville. . . This gorgeous, custom-made residence offers the perfect blend of classic appeal and luxurious, contemporary comfort. The home features a beautiful center hall layout with amazing architectural details and finishes,…
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Brandywine Realty Trust to Leave Challenging Washington D.C. Market
Philadelphia-based Brandywine Realty Trust is planning on leaving the Washington D.C. market within the next few years, according to CEO Jerry Sweeney, writes Paul Schwedelson for the Philadelphia Business Journal. So Brandywine Realty is currently looking to sell its entire 4.5 million-square-foot portfolio in the nearby market. The real estate company has “strategically made the…
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First Bank House of the Week: Historic Stone Colonial with Modern Updates in Chadds Ford
A stunning stone colonial home on 11.67 acres with four bedrooms and four and a half bathrooms is available for sale in Chadds Ford. . . Springdale Farm is the oldest continuously run farm in Pennsylvania. The main home was meticulously revitalized five years ago with a complete renovation that preserved its historic charm while…
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Hankin Group Opens Pennsylvania’s First Phius ZERO Multifamily Community
Hankin Group recently celebrated the grand opening of Hamilton Passive House, marking what will be Pennsylvania’s first Phius ZERO apartment community and one of the first 100 percent market rate, Phius ZERO communities in the country. The net zero, 32-unit luxury building completes the first phase of Hamilton at Eagleview, the award-winning, 156-unit eco-friendly apartment…
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Couple Restores Widener 1925 Home in Haverford
Ty and Lexie Peltzman wanted a house with history and they found it in stately, 10-acre property in Haverford, a 1925 Georgian Revival house, reports Architectural Digest, as reprinted at msn.com. The home was designed by Horace Trumbauer, a Gilded Age architect who created residential manors for affluent city dwellers. The six-bedroom home with six…
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