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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...
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.
Real estate posting sparks concern for beloved NJ pub
PENNSAUKEN — Despite a real estate posting with the same address as The Pub, a person with close ties to the iconic restaurant reassures the Cherry Hill Courier-Post that nothing is happening to the place. This spark of concern comes as The Pub is temporarily closed for “renovations and...
Berwyn Townhouse with Expansive Open Layout Hits Market
A lovely three-bedroom, three-bathroom end-unit townhouse with expansive open layout and sunny spaces recently hit the market in Berwyn. A lovely three-bedroom, three-bathroom end-unit townhouse with expansive open layout recently hit the market in Berwyn, writes Paul Jablow for The Philadelphia Inquirer. Pauline and Brady Kramer, both Gladwyne natives, purchased...
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...
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,...
Mullica Hill housing development bringing 55-plus buyers to former farmland
HARRISON TWP. — Picking Mullica Hill to build upscale housing for the 55-and-older market turns out to have been the right idea at the right time for the builder and the township. Orchard View at Mullica Hill opened for sale in October 2022 and the only problem to date...
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.
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,...
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...
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.
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.
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...
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