Real Estate
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Exton’s Hankin Apartments Named Number One Management Company in Nation
Hankin Apartments, an Exton-based property management company, has been named the #1 Management Company with 10-24 communities in the entire country and Canada for the second time. This ranking comes from the SatisFacts epIQ Index’s Top Management Companies and Communities Biannual Report, which measures overall resident satisfaction. Hankin Apartments rose from a No. 2 ranking…
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High Interest Rates, Low Supply Become a Door Slammed Shut for Some Area Home Purchasers
The rising interest rates are chilling the hot residential real estate market, both regionally and nationally. The economics of new home ownership are becoming an issue, even among affluent shoppers, writes Sandy Smith for Philadelphia Magazine. Two main forces are affecting suburban housing affordability: insufficient supply and continued high demand. “While mortgage rates have been…
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Permanent Child Care Tax Credit, One-Time Property Tax Relief Now Available in Pa.
Families in Pennsylvania will now be able to claim thousands of dollars in benefits, thanks to a new, permanent child care tax credit approved by Gov. Tom Wolf. The break is part of the state’s new $45.2 billion budget, writes Kate Huangpu for the Pittsburgh Post-Gazette. The budget also contains a onetime, $140 million expansion…
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Three New Development Options Presented for Fate of 246-Acre Property in Willistown Township
Rock Hill Farm Acquisitions, an entity affiliated with developer J. Brian O’Neill, recently presented three new proposals for the potential development of Rock Hill Farm in Willistown Township, writes Natalie Kostelni for the Philadelphia Business Journal. The plans were put forward in a July 7 letter to the township. The first proposal, referred to as…
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Malvern Bank House of the Week: Three-Story Sanctuary Flooded with Natural Light in West Chester
A unique modern home on 2.5 beautiful acres with three bedrooms and three and a half bathrooms is available for sale in West Chester. . . Nestled in the woods, this three-story sanctuary is flooded with natural light thanks to the tall windows throughout. Every view features green hills and serene gardens providing highly-coveted privacy…
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Suburban Philadelphia 2022 Rental Market: Lessees? More!
The suburban Philadelphia rental market ranked among the top 20 most in the nation in 2022 for competitiveness, writes Veronica Grecu for RentCafe. It ranked at No.17 nationally with a competitive score of 78.1. This is significantly higher than the city itself, which has a competitive score of 65.6. Suburban Philadelphia is an attractive Northeastern…
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Malvern Bank House of the Week: Country Estate in Bucolic Westtown Township
A manor home set on 7.1 gorgeous acres with five bedrooms and four bathrooms is available for sale in West Chester. . . This lovely country estate is nestled in bucolic Westtown Township. In addition to the main house, it is home to an enclosed gazebo with spectacular views of the grounds, a pool, a…
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Chester County Home to One of the Region’s 13 ZIP Codes Where Houses Are Flying Off the Market
Despite rising interest rates, declining inventory, and high home prices that are putting off some buyers, several ZIP Codes in the Philadelphia area are still seeing homes snatched off the market in record time, writes Ryan Mulligan for the Philadelphia Business Journal. In fact, 13 ZIP Codes in the region had homes spend under two…
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Malvern Bank House of the Week: Lavish Retreat in Berwyn with Indoor Pool You Have to See to Believe
A modern, completely renovated farmhouse with four bedrooms and five and a half bathrooms is available for sale in Berwyn. This luxurious, scenic retreat boasts high-end, tasteful amenities and finishes throughout and features breathtaking views at every turn. . . The home opens to a welcoming two-story foyer with an elegant, curved staircase. This leads…
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Malvern Bank House of the Week: Berwyn Home Seduces with Charm, Character
A traditional home with five bedrooms and five full and two half bathrooms is available for sale in Berwyn. Set in the center of a five-acre lot, the home radiates character and charm. It provides highly coveted privacy while being only minutes away from numerous shopping, dining, and transportation options. . . Among the many…
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Malvern Bank House of the Week: Palatial Residence Amidst Park-Like Setting in Malvern
A palatial residence on 4.4 park-like acres with five bedrooms and three and a half bathrooms is available for sale in Malvern. The home boasts an open floor plan that is ideal for everyday living and should satisfy all of your entertaining needs. . . Highlights include a welcoming foyer with antique brick flooring, the…
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Malvern Bank House of the Week: Relive History in This Storied Dwelling in Phoenixville
A traditional home with six bedrooms and four full and two half bathrooms is available for sale in Phoenixville. . . The original structure dates back to 1770. An addition with a glass-enclosed sleeping porch was built in 1810 and the home was expanded to two stories in 1915. White Horse Farm is nestled on…
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Colonial Farmhouse with Additions That Have Kept Up with the Changing Times Now on the Market in Malvern
An expanded colonial farmhouse in Malvern that recently hit the market was built by William A. Stevenson, an ex-pat British stonemason, in the 1870s, but thick stone walls and deep windows of the original section give it the air of an even older home, writes Sandy Smith for Philadelphia magazine. Several additions have been erected…
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Malvern Bank House of the Week: Family Compound in Chester Springs the Archetype of Chester County Charm
A unique family compound with a total of seven bedrooms and five and a half bathrooms is available for sale in Chester Springs. . . This beautiful, 2.3-acre property encapsulates all the charm of Chester County. In addition to the meticulously restored 1827 stone farmhouse, the property is also home to a guest cottage, converted…
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Couple Remodels Chadds Ford Home into an Award Winner
A few years back, Brian Niles wanted to live in a rural area with his wife Adrienne and their five-year-old son, writes Paul Jablow for The Philadelphia Inquirer. Brian owns a Havertown-based coffee roasting business, while Adrienne is the enrollment director at Malvern Prep. But whether it was existing homes or empty lots to build,…
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Exton-Based Automotive Real Estate Company Raises $500 Million, Aims to Buy Up Car Dealerships Across U.S.
Exton-based Legacy Automotive Capital has raised $500 million in equity and plans to capitalize on the car dealership industry by buying and leasing dealerships back to their former owners, writes Natalie Kostelni for the Philadelphia Business Journal. Legacy Automotive’s CEO, T.J. Doyle, was a former executive with Preferred Real Estate Investments, Preferred Sands Inc., and…
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Global Financial Services Company to Stay in Tredyffrin Township, Lease Part of Its Office Space to New Tenants
De Lage Landen Financial Services has chosen to continue occupying its North American headquarters at 1111 Old Eagle School Road in Tredyffrin Township but will lease some of its office space to new tenants, writes Natalie Kostelni for the Philadelphia Business Journal. DLL will occupy 84,000 of the 207,000-square-foot building, following an evaluation of how to…
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Malvern Bank House of the Week: Stone Farmhouse with Four-Apartment Bank Barn in Chester Springs
A beautiful stone farmhouse with three bedrooms and two bathrooms on 12-plus lush acres is available for sale in Chester Springs. Walnut Ridge Farm boasts fenced pastures, rich woods, and a spring-fed pond that attracts a diversity of wildlife. It is surrounded by more than 1,500 acres of permanently protected lands. . . The residence…
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