Philadelphia Business Journal
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Florida Firm Acquires Spirit Golf, Operator of Four Bucks County Golf Courses
Sports Facilities Companies of Florida has acquired Lambertville-based Spirit Golf Management, the operator of four golf courses in Bucks County, writes John George for the…
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3 Delaware County Towns Rank Among Nation’s Best Places to Live
Three Delaware County towns have found a spot on the best places to live in the United States, writes Ryan Mulligan for the Philadelphia Business…
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Philadelphia Housing Authority Purchases Olde Kensington Development in $49.1M Deal
Philadelphia Housing Authority has acquired a recently completed 200-unit development in Olde Kensington as part of its push to purchase several multifamily properties, writes Paul…
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Logistics Center Proposed for Former Tank Farm in Darby Township
A four-building, 1.3-million square-foot logistics center is being proposed on the edge of Delaware County in Darby Township, writes Ryan Mulligan for Philadelphia Business Journal.…
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Ellis Preserve Developer in Newtown Square Eyes Multifamily Properties
An affiliate of Equus Capital Partners, the Newtown Square developers behind the Ellis Preserve, is in the process of raising a $600 million fund to…
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West Chester’s Justin Chan Honored With 2026 Diversity in Business Award
Justin Chan, a West Chester native and owner of Valley Creek Productions, has been named a 2026 Diversity in Business Awards honoree, writes Lara Schwartz…
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King of Prussia’s UGI Ties Brand Rebuild to Return of Philadelphia Cycling Classic
King of Prussia’s UGI Corp. is playing a key role in bringing a major Philadelphia sporting event back to life, writes Emma Dooling for The…
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New Jersey-Based Developer Obtains $46M Loan for New Industrial Warehouse in Northeast Philadelphia
Greek Real Estate Partners, a New Jersey-based development firm, recently obtained a $46 million loan for a new industrial warehouse building in Northeast Philadelphia, writes…
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QVC Group’s Debt Crisis Deepens, Bankruptcy Looms as Future of West Chester Giant Hangs in Balance
As West Chester-based QVC Group struggles under $6.6 billion in debt, bankruptcy is becoming an increasingly likely outcome despite creditor talks, writes Jeff Blumenthal for…
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With FDA Decision Looming, Plymouth Meeting’s Inovio Cuts Workforce to Preserve Cash
Over the past year, Plymouth Meeting-based Inovio Pharmaceuticals has reduced its workforce by 16 percent to preserve cash as it waits for the Food and…
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Nation’s Top Homebuilders Toll Brothers, D.R. Horton Add 270 Units in Sellersville
Two of the nation’s largest homebuilders, Toll Brothers and D.R. Horton, are bringing a combined 270 new homes to Sellersville, writes Ryan Mulligan for the…
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Three Philadelphia Residents Make Forbes Billionaires List for 2026
Three Philadelphia residents are included in Forbes‘ latest annual ranking of billionaires, writes Ryan Mulligan for the Philadelphia Business Journal. At the top is Victoria…
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Two Cofounders From Montgomery County Rank Among World’s Wealthiest
Two Montgomery County businessmen have landed on the Forbes 2026 World’s Billionaires List with a combined fortune of around $84 billion, writes Ryan Mulligan for…
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Episcopal Diocese Taps Michaels Organization to Redevelop 26 Church Properties in Philly Region
The Episcopal Diocese of Pennsylvania is working with private developer Michaels Organization to repurpose 26 church properties throughout the Philadelphia region, writes Ryan Mulligan for…
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Two Little Guys, Creator of Joe Tea, Opens Bensalem Headquarters With Eyes Toward Growth
Two Little Guys, the company behind the food and beverage brand Joe Tea, is moving its headquarters from New Jersey to Bensalem, writes Emma Dooling…
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Radnor Nixes Eminent Domain for Valley Forge Military College Land
Radnor Township has reached a deal with the Valley Forge Military Academy Foundation over 17 acres of land in Wayne and is ending its eminent…
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With Leasing Momentum, Rubenstein Partners Nabs $127M Refinancing for Chesterbrook Campus
Rubenstein Partners has obtained $127 million in refinancing from Waterfall Asset Management for its 1.1 million-square-foot office campus in Chesterbrook, writes Paul Schwedelson for the Philadelphia Business Journal. The 14-building…
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Chesterbrook’s Persevere Therapeutics Raises $1.57M, Acquires Cancer Drug in Stealth Exit
Chesterbrook-based Persevere Therapeutics marked its emergence from stealth mode last week with completed equity financing and product acquisition, writes John George for the Philadelphia Business…
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