Chadds Ford
REAL ESTATE
Delaware developers are rehabbing vacant homes for the middle class
From Philly and the Pa. suburbs to South Jersey and Delaware, what would you like WHYY News to cover? Let us know!. On a recent weekday, waves of drywall dust from demolition wafted out the windows of a squat brick row home in a neighborhood near Wilmington’s downtown. Charly...
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.
From WHYY: Wilmington rehab loan program aims to attract middle-class homebuyers
Charly Bass Davis, a construction laborer by trade, never thought she would be rehabbing vacant houses in her old neighborhood on the East Side as a real estate developer. “It’s like one big construction site, but it’s on one city block,” Bass Davis said about what’s happening on Bennett Street near Kirkwood Park.
Galvanize buys 245,000 sq. ft. South Jersey warehouse, eyeing major decarbonization strategy
1 Gateway Blvd. in Pedricktown — Courtesy: Galvanize Real Estate. A global investment firm has purchased a 245,000-square-foot industrial building in Salem County, touting it as part of a strategy to reduce carbon emissions from commercial property. Galvanize Real Estate, the sustainable real estate platform of Galvanize Climate Solutions,...
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.