Ardmore
REAL ESTATE
Pub owners: Real estate listing is not for the restaurant
PENNSAUKEN — The address of The Pub — an iconic restaurant that closed Monday for "renovations/repairs" — is being advertised as a leasing opportunity by a commercial realty firm. But the ad does not refer to the restaurant, according to a spokesman for the owners. ...
Apartments in Philly Are Shrinking, Which Can Have a Major Impact on the City’s Demographics
The average size of a Philadelphia apartment is among the smallest in the nation, and that is a trend that will likely continue as even smaller apartments will get built. The average size of Philadelphia apartments are among the smallest in the nation, and are projected to become even smaller with the current pipeline of multifamily construction, writes Ryan Mulligan for the Philadelphia Business Journal.
Morgan Properties Acquires 11-Property Portfolio in Pennsylvania
KING OF PRUSSIA, PA. — Morgan Properties, a development and investment firm based in the Philadelphia suburb of King of Prussia, has acquired a portfolio comprising 3,434 units across 11 properties in Pennsylvania. Morgan purchased the communities from their original developer, DePaul Management Co. The sale price was not disclosed. Matt Stefanski and Zachary Pierce of Berkadia brokered the transaction.
Toll Brothers Apartment Living Opens $112 Million Broad + Noble in Philadelphia
PHILADELPHIA — Toll Brothers Apartment Living has opened Broad + Noble, a $112 million high-rise development in Philadelphia’s Callowhill neighborhood. Broad + Noble comprises 326,000 square feet across 19 stories. The residential tower offers 344 units. According to the property website, units come in studio, one- and two-bedroom floor plans.
1.83-acre parcel up for sale along Bethlehem Pike in Flourtown
A 1.83-acre commercial land parcel at 654 Bethlehem Pike in Flourtown was listed for sale on Friday, June 28. According to the listing, the lot is situated between Saint Miriam’s and Saint Thomas churches. From the Executive Summary:. The surrounding property is a truly special oasis, complete with lush...
JLL Facilitates the Sale of a 296-unit Apartment Community Mount Laurel Crossing in Mount Laurel New Jersey Near Philadelphia
JLL Capital Markets announced the $80 million sale of Mount Laurel Crossing, a 296-unit apartment community located in Mount Laurel, New Jersey. JLL represented the seller in this transaction, while Colony Hills Capital, based in Wilbraham, Massachusetts and Balfour Beatty acquired the multifamily asset. Mount Laurel Crossing, built in 1999,...
See all homes sold in Camden County, June 24 to June 30
The following is a listing of all home transfers in Camden County reported from June 24 to June 30. There were 113 transactions posted during this time. During this period, the median sale for the area was a 1,456-square-foot home on Ogg Avenue in Somerdale that sold for $338,000. Atco.
Morgan Properties, owner of Forge Gate, Main Street Apartments, acquires Lansdale apartment complex
Wissahickon Park Apartments on East Main Street in Lansdale has been acquired by Morgan Properties, owner of Main Street Apartments and Forge Gate Apartments in Towamencin Township, as one of 11 new Pennsylvania acquisitions by the real estate company. According to a release, the 11 properties were acquired by the...
Homes at or under $250,000 in Camden County
Prospective homebuyers considering the real estate market had a range of options in various neighborhoods throughout the region between June 24 and June 30. In this article, we outline recent property sales in Camden County, all of which featured homes under $250,000. Here, we provide a breakdown of the top...
The Elkins Estate: A Glimpse into Gilded Age Splendor
Nestled in Elkins Park, Montgomery County, Pennsylvania, the Elkins Estate sprawls across 42 acres, embodying the opulence of Gilded Age architecture. Commissioned by Philadelphia magnate William L. Elkins, the estate features two iconic structures—Elstowe Manor and Chelten House—both designed by renowned architect Horace Trumbauer. Elstowe Manor: Exquisite Italian...
Incentivize Child Care in any Redevelopment of UArts Real Estate
The ranks of people left angry and confused over the abrupt closure of UArts have steadily spread outward from the inner rings of displaced students, teachers and staff. They now include lawmakers, lawyers and members of the broader arts community, all of whom continue to ask questions about the decision to close the 150-year-old institution, which the school’s board members claim was in “urgent” financial distress.
Glenside Plaza now on the market for $1.68M
Glenside Plaza, 835 Glenside Avenue, was listed for sale on Friday, June 28 for $1,680,000. The 14,930 sf retail property is 100% leased and currently houses the businesses pictured below:. From the Executive Summary:. Glenside Plaza offers a lucrative investment opportunity for discerning real estate investors. With full occupancy in...
Greater Philadelphia Real Estate Hall of Fame to honor visionary leaders, including South Jersey exec
The Greater Philadelphia Real Estate Hall of Fame recently announced the induction of five individuals for their exceptional contributions to the region’s real estate landscape, including Charlie Walters, co-founder of the Logan Township-based Pureland Group. As leader of the Pureland Group, Walters is responsible for the marketing, construction and...
Welcome to NewsBreak, an open platform where diverse perspectives converge. Most of our content comes from established publications and journalists, as well as from our extensive network of tens of thousands of creators who contribute to our platform. We empower individuals to share insightful viewpoints through short posts and comments. It’s essential to note our commitment to transparency: our Terms of Use acknowledge that our services may not always be error-free, and our Community Standards emphasize our discretion in enforcing policies. We strive to foster a dynamic environment for free expression and robust discourse through safety guardrails of human and AI moderation. Join us in shaping the news narrative together.