Real Estate
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Conshohocken’s Morgan Properties Names New Co-CEOs
A major leadership transition is underway at Morgan Properties, as the Conshohocken-based multifamily real estate giant names Jonathan and Jason Morgan as co-Chief Executive Officers. The brothers have long helped steer the company’s strategy, investments and operations. The formal titles mark a new chapter for one of the nation’s largest private apartment owners. Founder Mitchell…
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Planned South Philadelphia Stadium District Development Project, Opposed By Many, Unravels
A major development in South Philadelphia’s stadium district, opposed by the Phillies, Eagles, and Comcast Spectacor, appears to have collapsed after the real estate partnership behind the project dissolved last summer, writes Jake Blumgart for The Philadelphia Inquirer. The project, which would have brought 1,367 residential units to the district, was unveiled in 2024 as…
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Valley Forge Military College Pushes Back on Eminent Domain Idea
A decision by the Radnor Township Board of Commissioners to seize 17 acres of the Valley Forge military school campus in Wayne is not sitting well with the foundation that oversees Valley Forge Military College, writes Ryan Mulligan for Philadelphia Business Journal. “Now I know how Greenland feels,” said Valley Forge Military Academy Foundation…
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Brandywine Realty Trust is opening a $60 million hotel in Radnor
A $60 million, 121-room Marriott hotel catering to the suburban tenants of Brandywine Realty Trust is opening in Radnor this spring, writes Jake Blumgart and Michael Klein for The Philadelphia Inquirer. “We were constantly hearing from our tenant base that as they were bringing people in from out of town, there was no real high-end,…
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Langhorne Train Station Parking Lot Targeted for SEPTA Mixed-Use Development
A parking lot at the Langhorne regional rail station is being considered by SEPTA as the site for a possible mixed-use development, writes Paul Schwedelson for the Philadelphia Business Journal. According to SEPTA, the 1.7-acre surface parking lot is underused and could support an apartment building along with ground-floor retail. The agency is in the…
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Central Bucks County Couple Reimagines 1700s Home for Modern Living
Chris and Cynthia Swayze understood the scale of the task ahead when they bought a three-story colonial set on 32 acres of farmland in Central Bucks County in 1985, writes Terri Akman for The Philadelphia Inquirer. Built in the late 1700s, the house was in disrepair. Still, they recognized the home’s potential. “We felt it…
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Meridian Bank House of the Week: $2.5M Charming Traditional in Doylestown
A traditional home set on 2.01 acres with four bedrooms and five and a half bathrooms is available for sale in Doylestown. This elegant residence offers timeless design with elevated, panoramic views. . . Sophisticated details include hardwood floors, vaulted ceilings, custom built-ins, and expansive windows that capture natural light throughout. Among the highlights is…
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Bucks County Housing Market in Nation’s Top 50 at Year-End 2025
One Bucks County housing market ranked among the top 50 nationwide in the fourth quarter of 2025, making it one of only two Greater Philadelphia housing markets to earn a spot, write Joanne Drilling and Ryan Mulligan for the Philadelphia Business Journal. The ranking highlights ZIP codes where market activity is surging, prices are climbing…
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Germantown Friends School Buys Adjacent Historic Bank Building for $2M in Expansion Move
Germantown Friends School recently acquired a historic 11,000-square-foot building housing a Wells Fargo branch for $2.05 million, writes Ryan Mulligan for the Philadelphia Business Journal. The acquisition increases Germantown Friends School’s Philadelphia presence to nearly a full city block. The 94-year-old building, located at 5452-58 Germantown Avenue, occupies over an acre. The school currently has…
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Historic Estate With Post and Beam Barn Home Listed in Doylestown
Briarcroft, a historic estate that masterfully combines the rustic charm of a stone farmhouse with the expansive elegance of a converted post-and-beam barn, has hit the market in Doylestown, writes Mathew Abraham for Century Homes America. Set on 4.83 beautiful acres, the home offers two distinct residences, making it ideal for multi-generational families. The farmhouse…
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Toll Brothers’ Birch Run at New Britain Luxury Community Opens in Chalfont
Fort Washington-based Toll Brothers has opened Birch Run at New Britain, a luxury townhome community in Chalfont, with the first homes expected to be ready for spring move-in. Three-story, three-bedroom townhomes at the community will offer open-concept floor plans of more than 2,000 square feet, including flex rooms and two-car garages. Homebuyers can select quick…
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November Data Shows Slight Cooling in Bucks County’s Red-Hot Housing Market
The red-hot housing market in Bucks County showed signs of cooling in November, as home prices slipped below the previous month’s median of $515,000, writes USA TODAY Network for the Bucks County Courier Times. Realtor.com’s latest data indicates that the median home price in November was $475,000, which was a 7.8 percent drop from October…
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Bucks County’s Five Most Expensive 2025 Home Sales All Clear $4M
Each of the five highest home sale prices in Bucks County in 2025 reached more than $4 million, led by a top transaction above $5 million, writes JD Mullane for theBucks County Courier Times. Although this reflects a cooldown from last year’s peak luxury market, when the highest sale reached $14.5 million, the properties remained…
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Bucks County Couple Builds Architectural Gem in Bucolic Riegelsville
Cookbook author Pamela Anderson and her husband, David, have crafted a personal bucolic retreat by constructing an architectural gem on their 11-acre property in Riegelsville called the Copper House, writes Jason Nark for The Philadelphia Inquirer. The couple, who formerly lived in New Hope, visited the site in 2003 with their architect to plan a…
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Meridian Bank House of the Week: $4.5M Exceptional Craftsman in New Hope
A craftsman home set on a 7,405-square-foot lot with five bedrooms and five and a half bathrooms is available for sale in New Hope. This remarkable residence offers refined living with the perfect balance of modern design and timeless elegance. . . Sophisticated details include hardwood floors, handcrafted cabinetry, and abundant natural light throughout. Among…
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After Sonder’s Collapse, Witherspoon Building Returns to Long-Term Rentals
The 186-unit Witherspoon Building has transitioned from short-term rentals into a more traditional leasing model following the sudden collapse of Sonder Holdings, writes Emma Dooling for the Philadelphia Business Journal. SSH Real Estate, which owns the Center City building in partnership with Young Capital, is now repositioning the property as a traditional rental asset. According…
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Delaware County Housing Market Is Frozen at the Moment
Delaware County’s housing market matches the weather outside. It’s frozen, writes Michaelle Bond for The Philadelphia Inquirer. Potential home sellers and buyers didn’t interact much last month. Slow sales were reported in the 50 most populous metropolitan areas, including Delaware County and Philadelphia, according to a Redfin analysis. Sales were down about 4 percent in…
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Philadelphia Metro is One of 10 Job Markets Setting the Stage for Strong Housing Demand in 2026
Of the numerous factors that impact the housing market, one is emerging as particularly important for 2026: employment. Employment strength is the driver behind buyer confidence, income growth, and, ultimately, housing demand. Conversely, slower hiring, layoffs, and rising unemployment have a direct correlation to weaker housing markets. With this logic, NewHomeSource parent company Zonda produced…
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