Real Estate
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Meridian Bank House of the Week: Private and Picturesque Home in Doylestown
A picturesque historic home set on 9.46 acres with six bedrooms and four full and four half bathrooms is available for sale in Doylestown. . . This one-of-a-kind property, once a gristmill, is a truly breathtaking sanctuary. It is the site where the Ely family patented a new milling and grain process that revolutionized the…
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Long Beach Island Beachfront Parcel Hits Market for $21M
A 2.5-acre beachfront parcel on Long Beach Island has hit the market for $21 million, presenting an amazing opportunity for developers, writes Ryan Mulligan for the Philadelphia Business Journal. According to listing agent Jeffrey Childers of Childers Sotheby’s International Realty, the property is one of the largest residential oceanfront parcels in New Jersey. The site…
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Philadelphia’s Turn the Key Program Celebrates 100th Price-Restricted Home Sold in the City
In April 2022, Philadelphia officials announced the launch of the Turn the Key program to give away city-owned land to developers to build 1,000 price-restricted homes for first-time buyers. The program just recently celebrated its 100th sold home with now 900 to go, writes Michaelle Bond for The Philadelphia Inquirer. This program is the city’s…
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Centuries-Old Stockton Inn in New Jersey Reopens as Hotel and Restaurant
The Stockton Inn, a more than 300-year-old property in Hunterdon County in Stockton, New Jersey has served many purposes over the years and it has now reopened as a chic hotel and restaurant, writes Judi Franco for New Jersey 101.5. The property has been around since 1710, becoming an important historical structure in The Garden…
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Homebuyers Regain Leverage in Competitive Philadelphia Area Housing Market
The hyper-competitive Philadelphia area housing market is finally starting to show some signs of cooling, with homebuyers regaining leverage, writes Ryan Mulligan for the Philadelphia Business Journal. The number of listings in the area has gone up recently and the median time on the market is on the rise as well, which is finally giving…
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Meridian Bank House of the Week: Modern Farmhouse on Nearly 50 Acres in Riegelsville
A beautiful contemporary farmhouse-style home on 49.65 acres with four bedrooms and three and a half bathrooms is available for sale in Riegelsville in the Palisades School District. . . This lovely residence offers a sense of seclusion enveloped in the natural beauty of rolling hills and breathtaking skies. The home boasts an incredible open…
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Magnificent Galer Family Estate with Vineyard Just Outside West Chester Hits the Market
A magnificent estate situated on more than 26 bucolic acres recently hit the market in Pocopson Township, writes Laurel Anderson for the County Lines Magazine. When the current owners purchased the gorgeous stone home, they immediately started major renovations. “So, after 20-some years and $1.5 million of renovating, things are just about perfect,” said Lele…
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Wall Street Journal: How Philadelphia is Helping Renters Combat Nationwide Eviction Surge
The city of Philadelphia has helped thousands of renters get spared from eviction through its eviction diversion program, writes Will Parker for The Wall Street Journal. The relatively new process requires landlords to go through out-of-court negotiations with tenants before they can sue to remove them. It has helped eviction filings in Philadelphia to remain…
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Meridian Bank House of the Week: Riverfront Brick Castle in Pipersville
A charming brick French castle-style home set on 0.31 acres with three bedrooms and three and a half bathrooms is available for sale in Pipersville. . . This whimsical residence is one of the most unique properties in Bucks County. It boasts panoramic and uninterrupted views of the Delaware River as well as gorgeous vistas…
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Penn Jersey Packaging Warehouse in Northeast Philadelphia Among 3 Area Properties Acquired By KKR
Investment giant KKR recently acquired three Philadelphia-area warehouses as part of a larger $377 million acquisition, including the Penn Jersey Packaging warehouse in Northeast Philadelphia, writes Paul Schwedelson for the Philadelphia Business Journal. The Philadelphia-region properties sold for $198 million total, according to data from real estate research firm CoStar Group. It’s part of a…
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King of Prussia Company Billionaire Sells Mansion with Staggering Price Tag
The billionaire founder of King of Prussia’s Universal Health Services, Alan B. Miller sold his Florida vacation home for a pretty penny, reports Brian Bandell for the Philadelphia Business Journal. Gladwyne’s Miller originally purchased the 7,167 square foot property in 1992 for $2.25 million. Thirty-two years later, he sold the property for $18.25 million to…
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Meridian Bank House of the Week: Extraordinary Traditional in Ivyland
An extraordinary traditional home set on 10 lovely acres with five bedrooms and three and a half bathrooms is available for sale in Ivyland. This gorgeous residence is perfectly situated on a private cul-de-sac road and offers an unmatched lifestyle of luxury and tranquility. <<>> <<>> The interior features modern touches throughout the three levels…
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WSJ: Philadelphia-inspired Moorestown Home Hits Auction Block with Reserve Price of $10M
A Philadelphia-inspired Moorestown home that cost roughly $27 million to build is now hitting the auction block with a reserve price of just $10 million, writes Katherine Clarke for The Wall Street Journal. Pharmacological entrepreneurs Calvin and Orsula Knowlton used Philadelphia’s famed Second Empire-style city hall as inspiration for the exterior of one of the…
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Four Bucks County Homes Among Philadelphia Region’s Most Expensive Sales
Four Bucks County properties have ranked among the ten most expensive home sales in the Philadelphia region, writes Ryan Mulligan for the Philadelphia Business Journal. Leading the list at no. four is a nearly 60-acre estate in New Hope, originally granted by William Penn, which sold for $5.1 million. This 18th-century property, nestled along…
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Meridian Bank House of the Week: Captivating Farmhouse in Newtown
A captivating farmhouse on 3.91 beautiful acres with six bedrooms and three and a half bathrooms is available for sale in Newtown. This lovely residence is nestled at the end of a private cul-de-sac. It is a true picturesque retreat, with beautiful preserved land on three sides. The home impresses from the start with an…
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Jersey Shore Estate with Ocean Views from Every Room — ‘Most Talked-About House in Past 23 Years’ — Hits Market
Countless Chester County residents flock to the Jersey Shore every year in the summer. If you’re one of them and vacationing in the vicinity of Long Beach Island, you’ll want to check out a 9,000-square-foot estate that just hit the market. It boasts an ice cream parlor, butterfly habitat, and koi pond, writes Lisa Dukart…
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Meridian Bank House of the Week: Attractive Victorian Farmhouse in Quakertown
An attractive Victorian farmhouse set on 36.45 lovely acres with five bedrooms and three bathrooms is available for sale at 629 Apple Road in Quakertown. This gorgeous residence has been beautifully updated and meticulously renovated. The many thoughtful details throughout include the refinished original hardwood floors and new double-hung windows. … … Highlights include a…
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Bucks County Playhouse Expands with Purchase of Historic New Hope B&B
Bucks County Playhouse has expanded its commitment to the New Hope community with the acquisition of the historic Umpleby House, a 191-year-old bed and breakfast, writes Emma Dooling for the Philadelphia Business Journal. The theater purchased the property at 111 W. Bridge St. for $1.65 million on July 18, according to Executive Director Nicole…
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