Real Estate
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Seven Bucks County Towns Included in List of Most Expensive Homes in the State
Seven Bucks County towns recently made a list of the top 30 cities with the most expensive homes in Pennsylvania, according to a ranking by Stacker. The site used data from Zillow to compile its list. The Bucks County town with the most expensive home values in the state, ranked at No. 4, was New Hope. The typical home value was $897,057,…
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St. John’s Baptist Church, Closed Since August 2024, to Be Transformed Into Apartments
St. John’s Baptist Church has been sold for $1 million and will be transformed into 26 apartments, writes Jake Blumgart for The Philadelphia Inquirer. The conversion will occur as part of a Philadelphia City Council law passed in 2019, which preserves large, neighborhood-scale historic buildings like churches. The historic South Philadelphia church dates back to…
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Philadelphia Stands Out as Lone Major City in Top 20 Most Popular Housing Markets of 2025
Philadelphia made Zillow’s list of the most popular real estate markets of 2025 and was the only large city included among the predominantly midsize markets, writes Michaelle Bond for The Philadelphia Inquirer. The majority of locations on the list fall within a population range of roughly 100,000 to 300,000 residents, making No. 19 Philadelphia a…
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Local Developer Plans Mixed-Use Project After Prime Fishtown Site Acquisition
Philadelphia-based development company Eclipse Development recently acquired a prime Fishtown development site and is planning a four-story mixed-use building there, writes Paul Schwedelson for the Philadelphia Business Journal. Eclipse paid $2.65 million for the vacant Frankford Avenue site, acquiring it from the nonprofit, Lutheran Settlement House. Plans are calling for 20 apartments and 7,000 square…
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How Did Philadelphia Beat Out 40 Other Locations for DrinkPak’s Newest Manufacturing Facility?
Philadelphia is the city that canned beverage company DrinkPak chose to build its new coast-to-coast manufacturing network, writes Paul Schwedelson for the Philadelphia Business Journal. In doing so, Philadelphia — specifically the Bellwether District in South Philadelphia — beat out more than 40 other markets and locations across the United States. As a result, Chicago-based…
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Over 200 Apartments, Retail Space Coming to Malvern After Office Building Demolition
Downingtown-based TriPoint Properties is planning to demolish a Malvern office building to make way for 250 apartments and retail space, writes Ryan Mulligan for the Philadelphia Business Journal. Purchased in 2020, TriPoint and East Whiteland Township reviewed many ideas for the property at 52 Swedesford Road, ultimately settling on a mixed-use, campus-like project that will…
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Major Sale Marks Toll Brothers’ Exit From Apartment Business
Toll Brothers is continuing a major strategic pivot, writes Janelle Ward for The Philadelphia Business Journal. The Fort Washington real estate giant is selling an Atlanta student housing tower for $132 million, exiting the apartment business and doubling down on luxury homebuilding. The property, known as Kinetic, is a 752-bed multifamily tower located near Georgia…
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Meridian Bank House of the Week: $2.2M Historic Dual-Residence Estate in Washington Crossing
A historic home, known as the Matthias Harvey Estate, offering two residences on 3 acres, is available for sale in Washington Crossing. The main residence, the Canal House, dates back to 1709 and has been carefully updated to balance modern comfort with preserved period character. . . Inside, the home features three bedrooms and three-and-a-half bathrooms, with original pumpkin pine floors,…
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Toll Brothers Launches $1M+ Luxury Community in Royersford
Luxury homebuilder Toll Brothers has officially launched sales at Canterbury Meadows, a new 30-home community in Royersford, according to Paul Schwedelson of The Philadelphia Business Journal. The Fort Washington-based builder says homes in the Royersford development will start at $1.02 million. The sales center and model home are located at 183 Kline Road. Residences offer…
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New Report Details Who Has Been Moving Into Center City’s New Apartment Buildings
Center City has seen a major influx of new apartments in recent years and a new report breaks down the demographics of the individuals who have been moving into them, writes Molly McVety for PhillyVoice. A recent survey published by the Center City District shows that Philadelphia has been attracting many new residents from other…
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Brown Real Estate Buys Shoppes at Wissinoming in Northeast Philadelphia for $30.8 Million
A Brown Real Estate affiliate recently paid $30.8 million for the Shoppes at Wissinoming, a Northeast Philadelphia shopping center with a ShopRite supermarket, writes Paul Schwedelson for the Philadelphia Business Journal. The grocery store is one of 12 in Greater Philadelphia that are operated by the family-owned Brown’s Super Stores. This latest purchase gives the…
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Joseph Ambler Inn in North Wales Sells to Local Real Estate Investor
After four decades with its original owner, the 52-room Joseph Ambler Inn has now been sold to local real estate investor Tilak Singh for $5.725 million, plus additional costs, writes Emma Dooling for the Philadelphia Business Journal. The new owner said the property will continue operating as a hotel. As an independent brand, the Joseph…
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Apartments, Swimming Pool, and Redeveloped Retail Space Planned for Historic Wanamaker Building
TF Cornerstone, the owner of the Wanamaker building, is seeking to transform the historic property into residential space while redesigning the first three floors that previously housed Macy’s to accommodate multiple retail tenants, writes Paul Schwedelson for the Philadelphia Business Journal. The plans for the 114-year-old building, which spans an entire block just east of…
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Two Major King of Prussia Hotels Hit the Market Ahead of Colossal Year for Tourists
Two well-known King of Prussia hotels are officially on the market, creating a rare investment opportunity in one of Montgomery County’s busiest commercial districts, Emma Dooling for the Philadelphia Business Journal. The Fairfield Inn Philadelphia Valley Forge/King of Prussia and the Crowne Plaza Philadelphia King of Prussia were recently listed for sale after their previous…
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Bellwether District Announces West Coast-Based Canned Beverage Company As First Tenant
The Bellwether District is set to host the first Northeastern United States factory of West Coast-based canned beverage company DrinkPAK, writes Jake Blumgart for The Philadelphia Inquirer. The 1,300-acre Bellwether District occupies the former site of the South Philadelphia oil refinery. The HRP Group has remediated the property into a warehouse, manufacturing, and life sciences…
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Meridian Bank House of the Week: $2.75M Gorgeous Mid-Century Modern in Newtown
A mid-century modern home set on 5.13 acres with four bedrooms and four full and two half bathrooms is available for sale in Newtown. This inviting residence offers a balance of rustic character and modern comfort, approached by a long and private scenic driveway that sets a tranquil tone. . . Thoughtful details include vaulted…
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With a Giant in Place, the Shoppes at Concord in Glen Mills Can be Built
Giant will be the anchor for the Shoppes at Concord, a planned 155,000 square-foot shopping center in Glen Mills, writes Ryan Mulligan for the Philadelphia Business Journal. With an anchor in place, Retail Sites can go ahead with the shopping center construction, expected to start in 2026 after years of delay. Construction should take between…
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New Hope Real Estate Firm Strengthens Ranks with New Managing Partner
New Hope luxury real estate brokerage Addison Wolfe has named Nick Esser as its new managing partner, bringing him after nine months with Serhant Pennsylvania, writes Ryan Mulligan for the Philadelphia Business Journal. The firm has also appointed former Coldwell Banker agent Tracey Castelli Foote as director of operations. Art Mezzei, Addison Wolfe founder and…
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