Real Estate
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Westtown Planning Commission Recommends Crebilly Farm Development … with Strings Attached
Construction plans may soon plow into the rolling hills of Crebilly Farm southeast of downtown West Chester — if architects don’t get tangled up in all the strings. By a vote of 6-1, the Westtown Township Planning Commission cleared the way for Toll Bros. to build as many as 397 single-family houses and townhouses on…
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Greater Philadelphia’s Housing Market May Be Losing Some Momentum
While Greater Philadelphia’s housing market remains buoyant according to the annual numbers, quarterly declines indicate that the momentum may be slowing down. According to a Metrostudy survey of the Philadelphia region’s housing market for the fourth quarter of last year, the 2,275 new homes started show a 19.4 percent decrease from the previous quarter, and…
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House of the Week: Combined Home, Business in Phoenixville
A beautifully updated home, including an established business, set on five acres in Phoenixville has hit the market. The 5,000-square-foot home was originally built 33 years ago, and has been superbly updated over the years. The five-bedroom, four-bath property comes complete with furniture, and features an in-ground pool and hot tub, as well as two…
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Is This the New Headquarters of Wayne’s LiquidHub or the Real-Life Home of The Jetsons?
Visibility was LiquidHub’s main focus when it redesigned its Wayne headquarters, which now has more light, thanks to floor-to-ceiling windows, writes Clara Lefton for the Philadelphia Business Journal. At the same time, the offices were equipped with funky, futuristic looking furniture reminiscent of The Jetsons cartoon, with red- and blue-colored pops splattered on walls and…
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House-Flipping in Greater Philly Its Hottest Since the Great Recession
Flipping houses in and around Philadelphia is once again a buzzword for the first time since the Great Recession, according to a Philadelphia Inquirer report by Caitlin McCabe. With Philly neighborhoods ablaze in the practice and pockets of hot house-flipping action in every suburban county, the metro area is now No. 4 in the nation…
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Dig Deep in Your Pockets and Check Out the Most-Expensive Properties for Sale in Chester County
Idyllic surroundings not too far removed from the city have often lured Philadelphia’s elite into settling in Chester County, writes Clara Lefton for the Philadelphia Business Journal. Established in 1682 by William Penn as one of the original three counties in the state, Chester County offers potential residents real estate ranging from expensive mansions settled…
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Philadelphia Suburbs (I.E., Phoenixville) Seeing Huge Influx in Upscale Apartments
The Philadelphia suburbs, previously synonymous with homes of the white-picket-fence variety, are seeing an unprecedented influx of upscale apartment developments, writes Caitlin McCabe for the Philadelphia Inquirer. Places like Phoenixville, King of Prussia, and Lower Merion are seeing the number of apartments grow not just in the hundreds, but in the thousands. The new apartments…
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With Real Estate Blossoming in the ’Burbs, Four of City’s Private Equity Funds Achieve Record Numbers
With the prime real estate markets blossoming in the Philadelphia suburbs, the city’s real estate private equity funds are achieving record numbers, with four of them amassing a staggering combined total of $18 billion since their inception, writes Natalie Kostelni for the Philadelphia Business Journal. And Equus Capital Partners, Exeter Property Group, Lubert-Adler, and Rubenstein…
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Updates May Be Coming to Pennsylvania’s ‘Antiquated’ Property Assessments
Property assessments haven’t changed in suburban Philadelphia since the turn of the century or before. And after eight years in the making, updates to the rules that have enabled Pennsylvania to “become known for having the least regulated — and most antiquated — property assessment system in the country” are finally on the horizon, according…
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A Hankin Masterpiece, Eagleview Continues to Flourish After Quarter-Century
The development of Eagleview, first conceived 25 years ago by Robert Hankin, continues to flourish on its 800 acres in Upper Uwchlan and Uwchlan townships, writes Alan Heavens for the Philadelphia Inquirer. As a traditional-neighborhood development in Chester County, Eagleview incorporates housing styles that reflect earlier times. These kinds of developments are compact, pedestrian-friendly, and…
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House of the Week: Breathtaking Mansion in Malvern
A breathtaking mansion in the midst of picturesque surrounding in Willistown and within the award-winning Great Valley School District is now on the market. The stunning six-bedroom home was renovated and expanded eight years ago, with five of its six bedrooms now having luxurious en-suite bathrooms. The kitchen that overlooks the breakfast room is every…
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Supply Low, Demand High for Real Estate in London Britain
Despite its name that evokes a trip across the Atlantic, a home in an area with a beautiful preserve and access to one of the most sought-after school districts in the state is right here in Chester County, writes Alan Heavens for the Philadelphia Inquirer. London Britain is spread out over a vast area, offering…
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Real Estate Giant Celebrates 130 Years of Guiding Consumers Through Complex Transactions
From owners reluctant to hire him in his youth to a complementary business reluctant to sell to him in his prime, Berkshire Hathaway Home Services Fox & Roach Realtors Chairman and CEO Larry Flick has earned people’s trust throughout his career. And now, the small two-office firm started two decades before his arrival spans 45…
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More Than 160 Acres of Pristine Chester County Land May Soon Hit the Market
Bondholders of the White Manor Country Club in Malvern are set to vote on whether to put the club set on 160-plus acres of pristine Chester County land up for sale, writes Brian McCullough for the Daily Local News. Concert Golf Partners from Newport Beach, Calif., has approached the bondholders of the club with an…
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House of the Week: Colonial Charm with Amazing Addition in Berwyn
Its traditional Colonial look fits in amid the Buttonwood Farms neighborhood of Berwyn, but an astounding two-story addition transforms the interior into the epitome of modern luxury. At the end of a secluded lane, 2050 Grantham Avenue offers a lot within its 4,633 square feet, particularly inside that addition. There’s a spacious designer kitchen with…
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Malvern’s Liberty Property Trust Starts Billion-Dollar Construction on Camden Waterfront
After finally completing the preparation stages, including acquiring the land and getting all the development rights and permits, Liberty Property Trust is ready to roll up its sleeves and dive into the construction of its $1 billion Camden Waterfront project, writes Jacob Adelman for the Philadelphia Inquirer. The Malvern-based Liberty Property Trust spent 15 months…
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House of the Week: Striking California-Style Home in Strafford
A striking, midcentury modern home designed by architect and owner Robert McElroy to bring Californian aesthetics to the Pennsylvania suburbs is up for sale in Strafford, writes Sandy Smith for Philadelphia magazine. Nestled on a wooded, one-acre lot, the home takes full advantage of its sloping site. The downhill side is highlighted by floor-to-ceiling windows…
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West Chester’s Pillar Real Estate Advisors Lands Whale of a Client for Borough
The Bancorp, a Wilmington-based trailblazer in financial services that has distributed more than 75 million prepaid cards in the U.S. and processes $232 billion every year, is coming to West Chester. The outfit has grown far from its roots as a branchless commercial bank to become a leader that now offers private-label banking and technology…
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