Pottstown
REAL ESTATE
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.
Reading gives developer more time to finalize sale of former Dana Corp. site
READING, Pa. – Reading City Council voted at a special meeting Monday night to authorize an amendment to the agreement of sale with New Cold LLC to extend the due diligence period to Sept. 30. Last July, Reading City Council voted to sell the 50-acre site at 1 Berkshire...
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...
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