Real Estate
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Dock Mennonite Makes $1.5M Land Play in Montgomery County
A longtime Montco private school is expanding its footprint with a notable land purchase in Hatfield, writes Ryan Mulligan for The Philadelphia Business Journal. Dock Mennonite Academy has acquired a neighboring 4.5-acre farm property at 1850 Tomlinson Road in Hatfield for $1.53 million, giving the school additional room to grow while preserving open space next…
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Former Exton Office Building Converted into 32-Unit Apartment Building
A vacant office building in Exton has been redeveloped into a suburban rarity, an apartment building with 24 studio units and eight single-bedroom apartments, writes Joseph N. DiStefano for The Philadelphia Inquirer. Ownership of the building rests with a group led by local real estate lawyer David McFadden, broker John McGee, and investment partner Chiu Bai. The group hopes…
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Meridian Bank House of the Week: $3.95M Gorgeous Farmhouse in Pipersville
A farmhouse set on 23.48 acres with five bedrooms and three and a half bathrooms is available for sale in Pipersville. This remarkable residence offers refined country living with historic depth and understated sophistication. . . Distinctive details include original millwork dating to the early nineteenth century, wide-plank floorboards with preserved patina, fieldstone accents, and…
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Center City Office Leasing Market Saw Strong End to 2025, Here’s Why
More than five years after the pandemic lead to Center City seeing less and less commuters, its office market is finally getting more stable. This is due to an increase level of tenant interest in trophy properties, writes Noah Zucker for BisNow. According to JLL, the city’s central business district — which includes Center City,…
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Greater Philadelphia Will Be Among Hottest Housing Markets for 2026, Zillow Predicts
Greater Philadelphia ranks in the top ten hottest housing markets for 2026, according to Zillow’s recently released annual forecast, writes Ryan Mulligan for the Philadelphia Business Journal. The analysis evaluates the nation’s 50 most populous metro areas using an index based on projected home value appreciation, time homes spent on the market last year, the…
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Bridges at Warwick Sells to REIT Specializing in Senior Housing for $50.2M
The Bridges at Warwick has been sold to National Health Investors, a real estate investment trust specializing in senior housing, for $50.2 million, writes Paul Schwedelson for the Philadelphia Business Journal. The 107-unit assisted living and memory care community, located at 1600 Almshouse Road in Jamison, was previously owned by an affiliate of Orlando, Florida-based…
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Leadership Change at Toll Brothers Signals New Chapter
Fort Washington’s Toll Brothers is preparing for a major leadership transition as longtime executive Karl Mistry has been named the company’s next chief executive officer, writes Paul Schwedelson for The Philadelphia Business Journal. Mistry will succeed Douglas Yearley Jr., who has led the national luxury homebuilder since 2010. Yearley will move into the role of…
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The Shops at Liberty Place, Center City Retail Space, Go Up for Sale
The Shops at Liberty Place, a retail space within the Liberty Place mixed-use complex in Center City, is now up for sale, writes Paul Schwedelson for the Philadelphia Business Journal. Chicago-based Metropolis Investment Holdings owns the two-level shopping center at 1625 Chestnut Street, as well as the attached One Liberty Place, a 61-story, 1.1 million…
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Meridian Bank House of the Week: $3.5M Exquisite National Folk Home in New Hope
A national folk-style home on 12.27 acres with nine bedrooms and six full and four half bathrooms is available for sale in New Hope. This exceptional residence is set within a tranquil, private landscape, and offers a rare blend of seclusion, scenic pond views, and refined daily living. . . It artfully combines old-world character…
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Phoenixville Shopping Center Shadow-Anchored by Acme Supermarket Sells for $7.4 Million
A 33,000-square-foot shopping center near downtown Phoenixville that is fully occupied and shadow-anchored by Acme, sold in November for nearly $7.4 million, writes Erin McCarthy for The Philadelphia Inquirer. The complex changed hands from a Malvern-based private investor to one based in Glen Mills, with both entities structured as limited liability companies in the deal. The corporately owned Acme…
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Major Lansdale Apartment Complex Sells for $92M
Lansdale’s Pennbrook Station apartment complex has changed hands in one of the most expensive multifamily deals in the Philadelphia region this year, writes Ryan Mulligan for The Philadelphia Business Journal. An affiliate of TIAA and its real estate arm Nuveen acquired the 346-unit complex for $92.2 million. The 22-acre property, located at 100 Reading Circle,…
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Iron Hill Landlord in West Chester Seeks New Tenants After Abrupt Closure
Owners behind West Chester’s former Iron Hill Brewery are actively searching for new tenants, writes Erin McCarthy for The Philadelphia Inquirer. The restaurant chain announced its abrupt closure following its bankruptcy filing this fall. Massachusetts real estate investor John Barry, who has owned the property since 2022, recently purchased the space’s assets, including the building…
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These Remodeling Trends Are Shaping Doylestown and New Hope Housing Markets
Doylestown and New Hope have emerged as Bucks County destinations for homeowners eager to reimagine their spaces with a fresh, modern vision, according to a staff report from the Urban Meter. Both communities are experiencing a remodeling boom fueled by rising property values, higher buyer expectations, continued migration from larger cities, and broader lifestyle shifts.…
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Philadelphia Region Luxury Homes Rank Among Top Ten Fastest-Selling Markets
In November 2025, luxury homes in the Philadelphia region sold faster than those in most other parts of the country, according to a new analysis by Realtor.com, writes Michaelle Bond for The Philadelphia Inquirer. With luxury homes spending an average of 64 days on the market, roughly a week less than at the same time…
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Germantown to Get New 46-Unit Apartment Building
Longtime Northwest Philadelphia developer Ken Weinstein is planning a new 46-unit apartment building on Germantown Avenue, writes Jake Blumgart for The Philadelphia Inquirer. Located in Germantown’s Penn Knox area, the five-story building will include more than 1,600 square feet of commercial space and 17 parking spaces. The project reflects a new wave of multifamily development…
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Toll Brothers is Doubling Down on 2025 Success
Fort Washington’s Toll Brothers continued an aggressive expansion in 2025 in a housing market still defined by limited supply, writes Ryan Mulligan for The Philadelphia Business Journal. Toll Brothers posted record home sales revenue of $10.8 billion in fiscal 2025 and invested heavily in land acquisitions throughout the Philadelphia suburbs. In Montgomery County, the company…
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Philadelphia’s Cost of Living Significantly Below Some of Its Suburban Counterparts, New Research Finds
Philadelphia’s cost of living is up to 26 percent lower than that of some of its suburban enclaves, found new GOBankingRates research, according to a staff report from the Philadelphia Business Journal. The annual cost of living totals $42,844 in Philadelphia, far below areas like King of Prussia at $58,509, Ardmore at $60,130, and Phoenixville…
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Modern Luxury Meets Historic Authenticity in this West Chester Victorian
Heartsease, a historic estate in West Chester, perfectly blends authenticity and luxurious living on 5.25 acres of serene landscaping, writes Devin Dixon for Modern Teen. Featuring 6,000 square feet of living space, the home pairs expansive outdoor areas with custom amenities designed to support a forward-looking, high-quality lifestyle. A spacious wraparound patio welcomes visitors to…
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