Quakertown
REAL ESTATE
2 Lehigh Valley apartment complexes are part of large acquisition
One of the nation’s largest apartment building owners has purchased two Lehigh Valley complexes. Morgan Properties announced Monday that it has acquired Congress Apartments and South Mountain Apartment Homes, both in Allentown, as part of an 11-property portfolio from the DePaul Management Co. “As Morgan Properties continues to expand its national footprint, we remain deeply committed to our ...
$975K U. Saucon home tops June 17-23 list of most expensive sold in Lehigh Valley
A home in Upper Saucon Township that sold for $975,000 tops the list of the most expensive residential real estate sales in Lehigh County in the most recent week of available deed transactions. The property at 6880 Stella Circle was built in 2005 and has a living area of 4,020...
A 'funky little survivor' could see the wrecking ball, as officials support demolition of old Allentown property
ALLENTOWN, Pa. — Downtown Allentown could soon get more affordable housing, with a developer looking to knock down a home and replace it with apartments. The city’s Historical Architectural Review Board on Monday supported plans submitted by Muse on 7th to demolish a two-story home that’s set back from Seventh Street.
Historic Cabin Run Farm in Pipersville Hits Market for $4.375M
Cabin Run Farm, a bucolic estate in Pipersville that features one the most magnificent homes in the region, has recently hit the market. Cabin Run Farm, a bucolic estate in Pipersville that features one the most magnificent homes in the region, has recently hit the market, writes Bo Koltnow for WFMZ 69 News.
Morgan Properties acquires apartments with 3,434 units, including Congress Street, South Mountain complexes
ALLENTOWN, Pa. -- Morgan Properties has acquired 11 Pennsylvania apartment complexes with 3,434 units, including two in Allentown. Morgan did not disclose what it paid to seller DePaul Management Co. Among the local complexes acquired are Congress Street Apartments, Allentown, 548 units; South Mountain Apartments, Allentown, 237 units, and in...
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...
High-end apartments in Emmaus may depend on potential tax break for developer
Emmaus officials are considering offering tax breaks to a developer who wants to build a high-end apartment complex on a long-blighted property in the borough. The Local Economic Revitalization Tax Assistance abatement would let Emmaus phase in real estate taxes for improvements or development on an income-producing property. The property must either be in a deteriorated area or be ordered to ...
Exploring the Journey of an Emerging Leader in Multifamily Real Estate
An Interview with Anthony Pino, Associate at Northmarq's Mid-Atlantic Multifamily Team. Real estate organizations/affiliations: MHI and PMHA. What is your most notable project, deal, or transaction?. The most notable transaction of my career so far was a recent closing of a 277-pad mobile home park portfolio in Allentown, PA for...
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