Real Estate
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Villanova Property That Inspired ‘Philadelphia Story’ Available for $13.5M
A nearly 17-acre property in Villanova that inspired the 1940 movie “The Philadelphia Story” with Katharine Hepburn is on the market for $13.45 million, writes Ryan Mulligan for Philadelphia Business Journal. The property, referred to as “Albermarle,” has four buildings, including a refurbished stone clock tower. It was part of a much larger 800-acre, 75-building…
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Set For Demolition, A Rittenhouse Square Property Has a Prospective Buyer
A Rittenhouse Square property set for demolition has a prospective buyer eyeing it, writes Paul Schwedelson for the Philadelphia Business Journal. The property located at 1812-14 Chestnut Street is owned by the Philadelphia Federation of Teachers, and is mostly vacant. A demolition permit was approved on April 12. “We have a buyer interested in the…
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First Bank House of the Week: Beautiful Stone-front Traditional in Phoenixville
A beautiful stone-front traditional home on 0.33 acres with five bedrooms and three bathrooms is available for sale in Phoenixville. This stunning residence offers luxury living at its finest. It is located on a premiere lot just minutes from thriving downtown Phoenixville. The open-concept living spaces are ideal for entertaining. Highlights include a charming front…
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Campbell Soup Heir’s Former Estate in Gladwyne To Sell At Auction
Linden Hill, the former home of Campbell Soup heirs for nearly 50 years, will be heading to auction in May, writes Lauren Peacock for Mansion Global. The French Norman-style stone mansion, which spans some 14,467 square feet and is accompanied by 26.3 acres, is being sold by Robert Burch, a venture capitalist. “We are really…
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Tesla Dealership Property in Warminster Listed for $19 Million
The property hosting Warminster’s Tesla dealership has been listed for sale at nearly $19 million, writes Ryan Mulligan for the Philadelphia Business Journal. The site is one of seven Tesla dealerships in the region and the first in Bucks County, having opened its doors to customers earlier this year. Owned by Drake Motor Partners PA,…
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King of Prussia’s Office Market Sees Highest Occupancy Rates Since 2011
Office occupancy rates have reached new heights in King of Prussia, writes Paul Schwedelson for the Philadelphia Business Journal. Data from CoStar indicates an 89.3 percent occupancy in Upper Merion Township office buildings, the highest since 2011, though smaller and owner-occupied buildings aren’t included in this figure. The area’s appeal is boosted by its…
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First Bank House of the Week: Stunning Stone-front Farmhouse in West Chester
A stunning stone-front farmhouse on 6.8 acres with six bedrooms and four full and three half bathrooms is available for sale in West Chester. This attractive residence was built by the award-winning Dewson Construction Company in 2003. It has been meticulously maintained and updated and features historical architectural details throughout. . . It offers highly-coveted…
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Castle-like Gladwyne Mansion Gets 22 Percent Price Cut, Now Listed for $10.9M
The seven-acre Wooded Hill mansion estate in Gladwyne with a gorgeous castle-like mansion and a golf green has had a price cut of $3 million and is now listed for $10.9 million, writes Ryan Mulligan for the Philadelphia Business Journal. The property is located in a private wooded area. It was originally priced at $13.9…
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Luxurious and Historic: Washington Crossing Home from 1750 Up for Sale
Greg Lang and his wife made a significant lifestyle change when they moved from Wilmington to Bucks County, drawn by Greg’s new job at an insurance company in Princeton, writes Paul Jablow for The Philadelphia Inquirer. The couple fell in love with a historic home nestled on three acres, part of what was originally…
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Eagles All-Star Center Jason Kelce Expanding Haverford Estate With New Purchase
Philadelphia Eagles powerhouse Jason Kelce has acquired another piece of land that adjoins his existing Haverford property and is planning to build a giant mansion there, writes Mary K. Jacob for the New York Post. The 36-year-old six-time Pro Bowl center originally bought and settled in a modest but elegant home in the area in…
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First Bank House of the Week: Intriguing Contemporary with Scenic Views in Kennett Square
A magnificent contemporary home on 5.9 acres with four bedrooms and four bathrooms is available for sale in Kennett Square. This private oasis boasts lovely scenic views and is a true gardener’s dream with established gardens and a huge greenhouse. . . The main Cape Cod house became the modern stunner it is today with…
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Pennsylvania Has Two ‘Million-dollar’ Neighborhoods, Both in Montgomery County
For the first time, Pennsylvania has “million-dollar” neighborhoods, which are communities where the typical home is worth $1 million or more, writes Michaelle Bond for The Philadelphia Inquirer. According to a new Zillow analysis, the Keystone State now has two such neighborhoods, and both are in Montgomery County. Gladwyne and Villanova found their spot on…
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CII Council Awards Recognize $82 Million in Commercial and Industrial Real Estate Transactions in Chesco for 2023
The Chester County Commercial Industrial Investment Council (CII Council) recognized real estate leaders for excellence and collaboration in their transactions last year at the organization’s Annual Meeting and Awards Luncheon on Tuesday at Waynesborough Country Club in Paoli. “Each year, the Board of CII Council celebrates our members’ successes in closing commercial and industrial lease…
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Retirees All Across the Country Are Moving to These Four Towns, and One Is in Delaware County
Delaware County residents may be surprised to know that one of their own towns is right up there with Florida, Las Vegas, and Arizona when it comes to popular places for retiring, according to Brittney Myers at Fool.com. Media Borough was second on a list of four popular places to retire. The others were in…
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Property in Hamptons Purchased By Gladwyne Real Estate Developer Hits Market Again For $99.5M
A Hamptons compound purchased by Gladwyne real estate developer Michael Karp for $118.5 million in late 2021 is once again on the market now for $99.5 million, writes Zachary Kussin for the New York Post. The property consists of two homes located at 70 and 71 Cobb Lane, the priciest residential property for sale in…
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First Bank House of the Week: Esteemed Traditional in Devon a Testament to Architectural Mastery
A stunning traditional home on 2.31 acres with seven bedrooms and nine full and two half bathrooms is available for sale in Devon. . . This beautiful residence is perfectly nestled on a premier cul-de-sac within the Winfield estate enclave is a testament to architectural mastery, refined living, and understated elegance. . . Highlights include…
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Philadelphia Ranks Among Top Five Metro Areas with Best Housing Affordability
The Philadelphia area is one of the rare major metros in the United States where households do not need to make six figures to be able to afford a typical home, writes Michaelle Bond for The Philadelphia Inquirer. According to Redfin’s recent analysis of the 50 most populous U.S. metros, the Philadelphia area has the…





























































