Real Estate
-
West Chester Eagles Legend Brent Celek Brings His Real Estate Team to Keller Williams
Brent Celek, the former Eagles star who now lives in West Chester, has brought his real estate team to Keller Williams in what he calls a “natural next step,” writes Ryan Mulligan for the Philadelphia Business Journal. Brent Celek Real Estate, previously independent, will now join the nation’s largest brokerage at its Media office. Celek, a former tight end…
-
Ambler Advances Major Mixed-Use Plan Near SEPTA Station
A proposed transformation of land near Ambler’s SEPTA station took a meaningful step forward this week, writes Linda Finarelli for The Reporter. The Borough Council voted 5-2 on February 17 to approve revisions to the town’s redevelopment overlay district. This allows Dresher’s BET Investments to move ahead with plans for a mixed-use project along West…
-
Bucks County Housing Market Stuck as Median Price Challenges Buyers
With a median home price of $500,000, the Bucks County housing market continues to pose challenges for middle-class homebuyers trying to enter the market, writes JD Mullane for the Bucks County Courier Times. As most East Coast housing markets begin to ease for first-time buyers, Bucks County remains stuck. “If I had one word to…
-
Meridian Bank House of the Week: $3.8M Custom-Built Transitional in Pipersville
A custom-built traditional on 4.75 acres with six bedrooms and six and a half bathrooms is available for sale in Pipersville. This extraordinary residence embodies architectural distinction and refined craftsmanship, offering a serene retreat with protected natural surroundings. The striking stone and stucco exterior, crowned by a multi-gabled roofline, creates a commanding first impression. .…
-
$105M Redevelopment Finally Moving Forward in Willow Grove
After nearly two years of delays, a major redevelopment project in Willow Grove is finally moving forward, writes Paul Schedelson for The Philadelphia Business Journal. Federal Realty Investment Trust plans to begin demolition this spring at the Willow Grove Shopping Center to make way for 261 apartments and new retail space. The $105 million project…
-
Pair of Philadelphia Airport Hotels Put Up for Sale by New York Owner
Lightstone Group, a New York-based real estate investment company, has put Aloft Philadelphia Airport and Four Points by Sheraton Philadelphia Airport on the market after an 11-year hold, writes Emma Dooling for the Philadelphia Business Journal. Lightstone Group purchased the 136-room Aloft and 177-key Four Points in December 2014 for $30 million from Starwood Hotels…
-
Here’s How the Real Estate Market is Doing in Delaware County
The regional housing market appears to have stabilized, according to Larry Flick V, CEO of Berkshire Hathaway HomeServices Fox & Roach Realtors. The Greater Philadelphia market is performing “reasonably well,” and has remained largely a seller’s market, he said. “I think when the spring market pops, it will be strong,” Flick said, predicting a small…
-
Couple Looking to Buy Home Ends Up Owning Whole Town in Pennsylvania
When Cleveland couple Saji Daniel and Shannon McGauley got an invitation in October 2020 from their neighbor, Dr. Lou Keppler, to visit Foxburg, they thought it would just be a nice daily escape from the city. Katherine Clarke, in The Wall Street Journal, chronicled how it led to a real-estate buying spree. The couple did…
-
Former Plymouth Meeting Hotel Cleared for Apartment Conversion
A long-vacant hotel in Plymouth Meeting is one step closer to a new life, writes Emma Dooling for The Philadelphia Business Journal. Plymouth Township’s Zoning Hearing Board voted 3-1 to approve plans to convert the former DoubleTree Suites by Hilton Hotel Philadelphia West into 213 apartments. The six-story property at 640 Fountain Road, which closed…
-
Main Line Landmark Gets New Mission Under Local Investor
A historic Bryn Mawr building is getting a new purpose, rooted in education, writes Jeff Blumenthal for The Philadelphia Business Journal. The longtime headquarters of Bryn Mawr Trust Co., located at 801 W. Lancaster Ave., has been sold for $7.6 million to real estate investor Michael Karp. The roughly 46,000-square-foot property served as the bank’s…
-
Lambertville Couple Transforms Neglected Cape Cod Into Modern Rancher
When their 1895 rowhouse began feeling too cramped, Lambertville couple Lauren Braun-Strumfels and Kyle Strumfels purchased a neglected 1970s Cape Cod, eager to transform it into their dream home, writes Zoe Rosenberg for The Philadelphia Inquirer. “With the rowhouse, there were certain things that we just wouldn’t want to do to it, historically, to preserve…
-
Greater Philadelphia Tops National Housing Market Price Growth in January
Greater Philadelphia saw the strongest home price growth among 40 major metro areas in January, with prices rising 8.6 percent year over year, writes Ryan Mulligan for the Philadelphia Business Journal. In January, the region’s median home price increased to $380,000, up from $350,000 a year earlier. According to a recent report from Homes.com, this…
-
Wedding Venue and Adjacent Property Sold to Bensalem Landmark for $6.85M
In a $6.85 million deal, the Bensalem Landmark Shopping Center entity has acquired the Celebrations Wedding Venue and the adjacent shopping plaza from owner Francesco Dicianni, writes Paul Schwedelson for the Philadelphia Business Journal. According to the Pennsylvania Liquor Control Board, Celebrations’ liquor license has recently been transferred to the new owner. Dicianni is still…
-
$4M Listing for Modern Home on New Hope Canal Features Rooftop Deck
Designed by Doylestown-based Luce Architects and completed in 2022, a modern home along New Hope’s canal that has the town’s largest rooftop is listed for sale at $3.999 million, writes Ryan Mulligan for the Philadelphia Business Journal. Positioned beside New Hope’s trademark red wooden bridge, the residence covers 3,950 square feet with three bedrooms and…
-
Meridian Bank House of the Week: $10M Magnificent Contemporary in New Hope
A contemporary home on 0.25 acres with four bedrooms and four full and two half bathrooms is available for sale in New Hope. This breathtaking residence exemplifies modern sophistication and seamless riverfront living. . . Refined details include radiant-heated floors, expansive walls of glass, and a fully integrated smart-home system elevating comfort throughout. Among the…
-
Philly Homeowners Stay Put Longer, With Average Tenure Hitting 9.5 Years
Homeowners in Philadelphia are remaining in their homes longer than at any time in at least twenty years, with the average tenure now sitting at 9.5 years, write Mike D’Onofrio and Sami Sparber for AXIOS. In 2005, homeowners typically spent less than four years in their residences before deciding to move. These days, long tenure,…
-
Fortune 10 HQ in Conshohocken Hits the Market — Fully Leased
A marquee property in Conshohocken is officially on the market, according to Paul Schwedelson for The Philadelphia Business Journal. The 429,000-square-foot headquarters of Cencora has been listed for sale by owner PRP Real Assets. The 11-story, Class-A office building at 1 W. First Ave. is fully leased to the Fortune 10 pharmaceutical giant, with 10…
-
Yolanda Hadid Withdraws Her “Sanctuary” Farm in New Hope from Market
Three months after listing her “sanctuary” for sale, Yolanda Hadid decided to withdraw the $10.88 million New Hope farm from the market, writes Kelsi Karruli for Realtor.com. In September, the former Real Housewives of Beverly Hills star said that she was prepared to move on from her New Hope home, where she had lived for…
Founding Partners
Advertisement
Affiliate Partners
