Real Estate
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$12 Million Callowhill Lot Listed by Wing Lee Realty with Co-Development Potential
Wing Lee Realty Investment is looking to either sell a development site between Chinatown and Northern Liberties for $12 million or find a partner to co-develop it with, writes Paul Schwedelson for the Philadelphia Business Journal. The ownership group, which is a partnership of siblings, acquired the 0.8-acre property at 900 Callowhill Street in 2015.…
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Lawmakers Challenge Abrams Realty’s Exton Square Mall Vision
The West Whiteland Board of Supervisors has pushed back against Abrams Realty and Development’s Exton Square Mall mixed-use redevelopment plans, with one member calling for the revival of plans for a hotel on the site, writes Noah Zucker for BisNow. Lawmakers expressed concerns regarding the project’s density, the township’s sewer capacity, and the future of…
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These Delaware County ZIP Codes Saw the Fastest Selling Homes in the Second Quarter
Four Delaware County ZIP Codes saw homes selling in 55 days or less during the second quarter in the Greater Philadelphia Area, writes Ryan Mulligan for the Philadelphia Business Journal. The Business Journal conducted a second-quarter analysis of the country’s hottest housing markets by ZIP Code, based on quarterly listing and sales data from Intercontinental…
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This Bucks County Town Is Greater Philadelphia’s Hottest Housing Market
In the second quarter of 2025, homes sold faster in Levittown than anywhere in Greater Philadelphia, making the blue-collar town the hottest housing market in the region, writes Ryan Mulligan for the Philadelphia Business Journal. In Bucks County, during the three months ending June 30, properties sold faster in more affordable suburbs than in affluent…
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Meridian Bank House of the Week: $1.8M Breathtaking Contemporary in Doylestown
A contemporary home on three acres with four bedrooms and three and a half bathrooms is available for sale in Doylestown. This striking residence blends Scandinavian elegance with modern comforts for entertaining and serene everyday living. Refined details include dramatic floor-to-ceiling windows, oak and slate flooring, and thoughtfully integrated natural materials, giving the interior a…
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Furlong Stone Farmhouse Blends Historic Charm with Expansive Property
A charming 18th-century stone farmhouse elegantly combines family-friendly comfort with a deep sense of heritage, set amid the lush greenery in Furlong, writes Vasila Khurshid for The Amazing Mom Life. The home is nestled on a sprawling, secluded property that offers a rare sense of privacy and serenity. It features an inviting in-ground pool and…
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Philly Real Estate Investor Acquires Six-Building Apartment Portfolio in University City for $5M
Philadelphia-based real estate investor Loonstyn Properties has purchased a six-building, 41-unit University City apartment portfolio for $5 million, writes Paul Schwedelson for the Philadelphia Business Journal. The buildings, just north of Drexel University’s campus, consists entirely of one bedroom and one bathroom apartments. The acquisition also includes 21 parking spots. Loonstyn plans to renovate the…
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Toll Brothers Temporarily Stops Sales at $2M Lyondale Meadows Homes in Newtown
Toll Brothers temporarily halted sales at its 45-home Lyondale Meadows community in Newtown, with prices starting at $1.6 million, after demand was overwhelming, writes Paul Schwedelson for the Philadelphia Business Journal. The Fort Washington-based luxury homebuilder opened sales earlier this month, and in just one week received 21 deposits, with buyers choosing options that raised…
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Bryn Mawr Mansion with Movie Theater, Indoor Pool, Heads to Auction
A Bryn Mawr mansion in Delaware County with an indoor pool and 18-seat movie theater is heading to auction Oct. 16 after sitting on the market for two years, writes Ryan Mulligan for Philadelphia Business Journal. The home was custom-built in 2005, designed by architect Gordon L. Todd Associates and built by A.L. Hellman Custom…
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40-Acre Historic Property Called Summer Duck Lane Restored in Chester County
In West Marlborough Township, a 40-acre property known as Summer Duck Lane blends historic charm with thoughtful restoration, writes Laurel Anderson for County Lines Magazine. First registered in 1638 through a William Penn land grant, the land has deep local roots and was once part of the Pomeroy & Newark Railroad line. Owners Jon and…
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With Impending Closure of Valley Forge Military Academy, Questions Arise Over Future of Its 70-Acre Campus
With Valley Forge Military Academy closing at the end of the academic year, questions have arisen over its 70-acre campus, which could represent a real estate opportunity in one of the region’s most coveted locations, writes Ryan Mulligan for the Philadelphia Business Journal. The campus straddles Tredyffrin Township in Chester County and Radnor Township in…
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Meridian Bank House of the Week: $2M Extraordinary Colonial in Richboro
A colonial home on 1.01 acres with five bedrooms and five and a half bathrooms is available for sale in Richboro. This lovely residence exudes elegance and sophistication on a private cul-de-sac. Refined details include crown molding, recessed lighting, hardwood floors and intricately tiled surfaces. . . Among highlights are a two-story foyer with a…
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Conshohocken’s Morgan Properties Buys $70M Florida Apartment Complex
Conshohocken’s Morgan Properties, the nation’s largest private multifamily owner, has added another major purchase to its growing portfolio, writes Lidia Dinkova for The Real Deal. The firm acquired a 300-unit apartment complex near West Palm Beach for nearly $70 million, underscoring its aggressive national expansion strategy. The gated community, Visions at Willow Pond, includes 17…
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Temple University Acquires Decades-Old Jazz Club As Part of North Philadelphia Expansion Plans
As part of its plans to further its expansion across North Philadelphia, Temple University recently acquired New Barber’s Hall, writes Ryan Mulligan for the Philadelphia Business Journal. While Temple is the new owner of the 46-year-old jazz club and bar, it will continue to operate until its owner, Jake Adams, retires some time in the…
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Collegeville’s Pfizer Campus Wins 75 Percent Tax Assessment Cut
The Bridge at Collegeville, one of Montco’s largest office campuses, just saw its tax burden shrink dramatically, writes Paul Schedelson for the Philadelphia Business Journal. After two rounds of appeals, the assessed value of the 340-acre site dropped by more than 75 percent. This cut the owners’ property tax bill from $7.8 million to $1.9…
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Port of Philadelphia Acquires Coveted 152-Acre Mustin Yard for $90 Million
The Port of Philadelphia has acquired the long-coveted 152-acre Mustin Yard in a $90 million deal, write Ryan Mulligan and Paul Schwedelson for the Philadelphia Business Journal. The property, owned since 2008 by Georgia-based Norfolk Southern, is located just south of I-95 and east of the Navy Yard. The purchase marks an important step in…
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Landmark Developers Purchases Dubliner Building in New Hope
A North Jersey developer has expanded its Bucks County portfolio with the purchase of the building that houses the Dubliner on the Delaware restaurant in New Hope, writes Emma Dooling for the Philadelphia Business Journal. The Irish pub at 34 N. Main Street was acquired by 34 N. Main Property LLC, registered to Landmark Developers,…
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Yolanda Hadid Puts Her New Hope Family Farm on the Market for $10.9M
Yolanda Hadid, the “Real Housewives of Beverly Hills” alum, is selling her 30-acre Family Farm in New Hope for $10.9 million, writes Natalia Senanayake for People. Purchased in 2017, the lavender farm and equestrian estate was custom-designed by the model and designer to become a safe retreat for her and her three children, Gigi, Bella…
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