Real Estate
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David Simon, CEO of Simon Property Group, Owner of King of Prussia Mall, Dies at 64
David Simon, president and CEO of Simon Property Group, the owner of King of Prussia Mall, died at 64 on March 22 following a battle with cancer, according to a staff report from WUSA9. Simon was “the singular leader who built Simon Property Group into the largest and most admired retail real estate company in…
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New Jersey-Based Developer Obtains $46M Loan for New Industrial Warehouse in Northeast Philadelphia
Greek Real Estate Partners, a New Jersey-based development firm, recently obtained a $46 million loan for a new industrial warehouse building in Northeast Philadelphia, writes Paul Schwedeslon for the Philadelphia Business Journal. The developer completed the 287,000-square-foot building earlier this year. Back in 2021, Greek Real Estate acquired the 21-acre property for $31.5 million. From…
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Villanova French Colonial Home Available for Sale at $4.5 Million
A Villanova French Colonial home with an indoor basketball court, a “pub” room, and a wine closet that can hold 800 bottles is available for sale at $4.8 million, writes Ryan Mulligan for Philadelphia Business Journal. The 7,328-square-foot home dates back to 1953. It was renovated and expanded in the early 2000s. The home…
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Major Horsham Retail Portfolio Listed for $18.3M
A prominent Horsham retail development anchored by Wawa, CVS, and P.J. Whelihan’s has hit the market with a combined asking price of $18.3 million, writes Emma Dooling for The Philadelphia Business Journal. The five-parcel property on Easton Road sits on 7.68 acres at the corner of Route 611 and Blair Mill Road, about three miles…
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A Peek Inside Yolanda Hadid’s New Hope Estate on 32 Pastoral Acres
A magnificent New Hope estate, owned by Yolanda Hadid, featuring an 1810 farmhouse, three guest cottages, and a historic barn brings together timeless character and thoughtfully designed modern comforts, writes Vasila Khurshid for The Amazing Mom Life. The immaculate 32 acres of grounds, first deeded in 1682, showcase sweeping lavender fields as well as beautifully…
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Newtown Authority Moves to Sell Land After Canceling Wastewater Treatment Project
The Newtown-Bucks County Joint Municipal Authority plans to seek court permission to sell the 17-acre parcel once slated for a now-canceled wastewater treatment plant, writes Lacey Latch for the Bucks County Courier Times. Situated on the border with Middletown Township, the site drew nearly a year of complaints from Middletown residents in the densely populated…
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Mid-Atlantic Buying: Delaware County Still Has Affordable Homes
Delaware County is one of only five counties in the entire Mid-Atlantic where a typical homebuyer can still afford a typical home, writes Michaelle Bond for The Philadelphia Inquirer. The median asking price of homes in Delaware County in the last quarter of 2025 was $289,450, and the median household income was about $89,500. An…
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Bill Gates’ Nuclear Company TerraPower Chooses Philadelphia to Establish New Cancer Treatment Facility
TerraPower Isotopes, part of a nuclear power company founded by Bill Gates, will invest $450 million in a Bellwether District plant that will produce radioactive molecules for cancer research and treatments, writes Harold Brubaker for The Philadelphia Inquirer. As part of the Bellwether District development, HRP Group will build a 250,000-square-foot facility on the former…
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New Bala Cynwyd Apartment Building Opens Along Evolving City Avenue Corridor
A major redevelopment effort along City Avenue has reached another milestone with the opening of Blayr, a new 217-unit residential building in Bala Cynwyd. Federal Realty Investment Trust announced the debut of the property at 145 E. City Avenue. Blayr serves as the second residential component delivered as part of its ongoing remake of Bala…
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Family Bought Farmhouse in Bucks County That Needed Saving and Kept Adding to It Over Years
When looking for a new home for their family, Jim and Connie Martin found a stone farmhouse in Bucks County they liked, but knew it would take a lot of work and time to save it, writes Laura Hoover for The Philadelphia Inquirer. But this did not deter the couple. They purchased the rundown building…
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Meridian Bank House of the Week: $2.5M Lovely Farmhouse in New Hope
A farmhouse on 4.37 acres with four bedrooms and four and a half bathrooms is available for sale in New Hope. This elegantly refreshed residence combines historic character with contemporary comfort and refined style. . . Distinctive details include newly restored hardwood floors and charming architectural accents, all thoughtfully curated to blend with modern elegance.…
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Narberth Zoning Changes Target Affordable Housing, Downtown Revitalization
With Narberth now among the priciest housing markets in Montgomery County, the borough council is weighing a series of zoning changes designed to promote affordable housing development and support downtown revitalization, writes Denali Sagner for The Philadelphia Inquirer. “Narberth used to be relatively affordable, and that’s no longer the case,” said Fred Bush, president of…
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Plans to Transform Old Family Court Building Into Hotel, Museum Have Not Progressed After Several Years
Plans to turn the historic Family Court building into a hotel and move the African American Museum in Philadelphia to an adjacent lot have collapsed, writes Victor Fiorillo for Philadelphia Magazine. The building’s future has been under discussion since 2010, when Michael Nutter was mayor and the city first sought proposals to redevelop the city-owned…
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‘As Good as It Gets’: Firstrust Bank Finances Development of Luxury Homes on Late Billionaire’s Radnor Estate
Nearly a decade after the passing of Campbell’s Soup heiress Dorrance Hill Hamilton, her estate in Radnor Township is about to enter a new phase, one shaped by a unique mix of personal connections, longstanding relationships, and a rare development opportunity on the Main Line. The estate, located a short walk from downtown Wayne, is…
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Conshohocken’s CenterSquare Expands Retail Portfolio with $15.5M Purchase
CenterSquare Investment Management is pushing into neighborhood retail with the purchase of a Warrington shopping center, writes Paul Schwedelson for The Philadelphia Business Journal. The Conshohocken company acquired the Valley Gate shopping center for $15.5 million, according to industry sources. The 32,200-square-foot property sits along Easton Road near Route 611, about four miles north of…
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Warrington’s Valley Gate Shopping Center Sells for $15.5M to CenterSquare Investment Management
The Valley Gate shopping center in Warrington has been sold to Conshohocken-based real estate firm CenterSquare Investment Management for $15.5 million, writes Paul Schwedelson for the Philadelphia Business Journal. The seller of the 32,200-square-foot shopping center at 201-281 Easton Road was Philadelphia-based Metro Development. At about $481 per square foot, the price is more than…
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Bucks County Home Prices Climb Again as December Median Reaches $492,880
Home sale prices in Bucks County continued to rise in December, with the median home selling for $492,880, up from $475,000 the previous month, writes USA TODAY Network for the Bucks County Courier Times. That represents a 3.8 percent increase from November and an 8.3 percent rise from December 2024, when the median home sale…
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Doylestown Township Considers 36 Luxury Townhomes on Historic Hart Site
A proposal to sell the historic Hart property and construct 36 luxury townhomes was considered by Doylestown Township planners this week, writes Lacey Latch for the Bucks County Courier Times. In December, commission members reviewed the controversial plans and voted to back the sale and development without issuing a formal recommendation. The 24-acre property is…
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