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REAL ESTATE
Delaware woman is turning vacant homes into affordable housing
Charly Bass-Davis was a laborer and restaurateur before taking on her latest ambition: becoming a housing developer. Now, she is on a mission to make the act of owning a home more affordable in her city.She started with the Jumpstart Wilmington program, which reinforces nine steps towards successful real estate development and also aids in the property acquisition process. Now, she is the CEO of her own company, Steel Development.Bass-Davis is also aided by local contractors and funds from the The Community Development Block Grant (CDBG) Program.When all these moving parts come together, the goal is for people in a middle-to-low income bracket to be able to access these luxurious homes at an affordable price.RELATED: Philadelphia woman with dyslexia becomes inspiring author and professorTracy Johnson Rockmore founded 'Vessels of Hope' to help others with dyslexia 'Flip the Script' on their learning differences.
A new Pennsylvania law protects homeowners against ‘We Buy Houses’ hustlers
A new Pennsylvania law aimed at protecting homeowners from predatory tactics that can strip them of their housing wealth will expand protections already in place in Philadelphia. The state law will regulate third parties in real estate deals called “wholesalers,” who sign agreements of sale with homeowners and then sell...
Discover Your Dream Home in Passyunk Square
July 21, 2024 SueAnn Rybak CENTURY 21 Forrester Real Estate, Passyunk Square. Welcome to your quintessential “warm feeling” home, where comfort meets charm in the heart of Passyunk Square. This unique and boutique, three-story Extended Trinity home, dating back to circa 1845, promises more than just a house – it offers a true sense of home.
Walker & Dunlop Secures $285M Refinancing for Two Class A Temple University Student Housing Properties
BETHESDA, Md.--(BUSINESS WIRE)--Jul 22, 2024-- Walker & Dunlop, Inc. announced today the closure of a $285,500,000 refinancing for Vantage and The View at Montgomery in Philadelphia, Pennsylvania. The two student housing properties are located on Temple University’s campus and represent one of the largest student housing financings closed thus far in 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240722910532/en/ Vantage Apartments (Photo: Business Wire)
Developer proposes construction of 600 apartments, 160 townhouses, 150-unit senior facility, potential hotel and police substation in Dresher
The Upper Dublin Planning Commission recently received a proposal on behalf of Dresher-based BET Investments to build a residential, retail and commercial development on the Prudential tract at 2101 Welsh Road in Dresher, The Reporter said. The proposal calls for 600 apartments, 160 stacked townhouses, 100,000 square feet of medical...
Paramount Realty and Edgewood Properties to Transform Neshaminy Mall
Neshaminy Mall, Paramount Realty and Edgewood Properties announced plans to redevelop the site while still retaining key anchor sites. The new owners of Neshaminy Mall, Paramount Realty, and Edgewood Properties, have announced plans to redevelop the site, aiming to breathe new life into the half-vacant property, writes Paul Schwedelson for the Philadelphia Business Journal.
COUNCILMEMBER JAMIE GAUTHIER REACTS TO NEW REPORT SHOWING SCOPE OF PHILLY’S HOUSING AFFORDABILITY CRISIS
PHILADELPHIA – Today, Councilmember Jamie Gauthier (3rd District), Chair of City Council’s Committee on Housing, Neighborhood Development, and the Homeless, issued the following statement in response to Pew Charitable Trust’s report on Single-Family Home Sales in Philadelphia. “We pride ourselves on being a city where most residents,...
See all homes sold in Gloucester County, July 15 to July 21
The following is a listing of all home transfers in Gloucester County reported from July 15 to July 21. There were 1 transactions posted during this time. During this period, the median sale for the area was a 1,564-square-foot home on Stephen Kritz Lane in Clarksboro that sold for $475,000.
Midwood Investment and Development Unveils 376-Unit 210 South 12th Premier Apartment Building in Heart of Philadelphia
PHILADELPHIA, PA – Leading national developer Midwood Investment & Development announced today that leasing has commenced for 210 South 12th, a 31-story tower with 376 rental apartments redefining the Philadelphia skyline in the heart of Center City. 210 South 12th offers studio-to-two-bedroom apartments, a limited collection of three-bedroom penthouses,...
Fort Washington-based Toll Brothers Wins Coveted Home of the Year Award at Annual Gold Nugget Awards
Fort Washington-based home builder Toll Brothers recognized with the coveted Home of the Year Award at the annual Gold Nugget Awards. Fort Washington-based Toll Brothers has been recognized with the coveted Home of the Year Award at the annual Gold Nugget Awards, one of the most prestigious national competitions in the home-building industry.
Permits Issued for 934-36 West Dauphin Street in North Philadelphia East
Permits have been issued for the construction of a multi-family development at 934-36 West Dauphin Street, parcel B in North Philadelphia East. The new building will rise three stories tall and contain three residential units. A pilot house at the top of the structure will provide access to a roof deck. In total, the building will span 3,935 square feet of space. Anthony Maso & Design is responsible for the project’s design. The project is one of two new triplexes planned for construction at the site.
Courier-Post Cherry Hill Headquarters Sales Listing Symbolizes Growing “News Desert”
Still publishing daily, the Courier Post Newspaper’s iconic Cherry Hill headquarters building is now listed for sale, after printing operations were closed (relocated) last month. Printing operations for the Courier-Post and it’s sister newspapers were relocated to other facilities owned by parent-company Gannett. News of the intent to...
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