Real Estate
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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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Spring Could Bring Better Home Buying Opportunities in Philadelphia Region
Despite affordability concerns pausing many buyers, the current conditions, including stable low rates and a slight uptick in listings, are making spring an opportune time to re-enter the Philadelphia region’s housing market, writes Mark Zandi for The Philadelphia Inquirer. House price growth has slowed due to affordability constraints. Mortgage rates, currently around six percent, are…
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Hatboro Wawa Sells for $7.4M in Major Local Real Estate Deal
A recently built Wawa in Hatboro has changed hands in a multimillion-dollar deal, writes Schwedelson for The Philadelphia Business Journal. Ivyland-based Altimari Properties purchased the Wawa at 412 S. York Road for $7.4 million. The convenience store was completed in 2023. It sits at the busy intersection of York and Horsham roads and includes fuel…
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Brandywine Realty Obtains Record $87M Refinancing Loan for University City Life Sciences Tower
Brandywine Realty Trust recently obtained an $87.3 million in C-PACE financing for the life sciences building at 3151 Market Street in University City, writes Paul Schwedelson for the Philadelphia Business Journal. This is the largest loan of its kind in the history of Pennsylvania. The C-PACE loan was founded by Connecticut-based Nuveen Green Capital and…
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Meridian Bank House of the Week: $3.5M Stunning French Rambler in Erwinna
A French rambler home set on 22.54 acres with four bedrooms and four and a half bathrooms is available for sale in Erwinna. This striking residence, located at the end of a secluded lane, offers a rare sense of privacy paired with far-reaching views across rolling landscapes and the river below. . . Architectural details…
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Toll Brothers Joint Venture Sells Apartment Building Outside of Boston for $131M
A joint venture between Fort Washington-based Toll Brothers and an affiliate of The Carlyle Group has sold an apartment building outside of Boston for $131 million, writes Grant Welker for the Philadelphia Business Journal. Pantzer Properties, a New York real estate investment firm, bought the 289-unit property located roughly 15 miles from downtown Boston. The…
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Limerick Land Swap Would Bring State Game Land to Edgmont
A developer’s proposal to the Pennsylvania Game Commission could give Delaware County its first swatch of Pennsylvania Game Land, writes Frank Kummer for The Philadelphia Inquirer. Game Lands are managed areas for hunting, hiking, fishing, and wildlife conservation. Limerick Town Center LLC, a warehouse developer, has proposed trading 559 acres of land across three counties,…
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Swiss Investment Company Acquires Rittenhouse Square Building for $5.23M, Conversion Possible
MZP AG, a Switzerland-based investment company has purchased a Rittenhouse Square building in a $5.23 million deal, writes Paul Schwedelson for the Philadelphia Business Journal. The six-story building at 1619 Walnut Street is mostly-vacant and saw a 70 percent decline in its sale compared to the $19.2 million New York-based Nuveen Real Estate paid in…
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Meridian Bank House of the Week: $3 Extraordinary Custom Home in Pipersville
A custom home on 10.1 acres with four bedrooms and three and a half bathrooms is available for sale in Pipersville. This serene residence in a truly unique setting, blends artistic vision with luxury living in a way that feels peaceful and grand. . . Refined details include custom stone and iron gates, intricate leaded…
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Center City’s Largest Apartment Tower Goes Up for Sale Again After 4 Years
Center City’s largest apartment tower, on 1500 Locust Street, is back on the market four years after it was last traded, writes Paul Schwedelson for the Philadelphia Business Journal. The 605-unit, 45-story building was acquired by New York real estate firm Fairstead and Minneapolis investment company Castlelake for $233 million back in December 2021. It…
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Stunning Glass Barn in New Hope Is on the Market for $6.25M
The Glass Barn stands as an architectural masterpiece in New Hope, defined by design that emphasizes open space and the natural scenery around it, writes Giselle DaMier for Jersey Digs. The five-bedroom, three-and-a-half bathroom home, listed at $6,250,000, first appeared in Architectural Record in 1988 and was given a full renovation in 2020. Its standout…
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Mount Vernon-Inspired Sellersville Estate Prepares to Hit the Market for $3.3M
A Mount Vernon-inspired estate in Sellersville, set on 35 acres and recently updated through a multimillion-dollar renovation, has been listed for $3.295 million, writes Ryan Mulligan for the Philadelphia Business Journal. Built in 1987, the 6,137-square-foot home is flanked by two stone barn-like structures, one with a full bar and loft with the other currently…
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Netflix House Becomes the Star Tenant in King of Prussia Mall Sale
One of the most talked-about new attractions at King of Prussia Mall is now doubling as a real-estate selling point, writes Linda Moss for CoStar. The former Lord & Taylor building that now houses the nation’s first Netflix House has been listed for sale. This comes just months after the experiential venue debuted. The 120,000-square-foot…
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New Garden’s $300 Million Mixed-Use Project Could Ease Chester County Housing Crunch
Baltimore-based Stonewall Capital recently acquired a 187-acre property in New Garden Township with plans for a $300 million mixed-use development, writes Ryan Mulligan for the Philadelphia Business Journal. Local officials said the project, with 622 residential units, offers a chance to provide much-needed housing in the area. The White Clay Point project will also feature 115,000 square feet of commercial space, a…
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Doylestown Borough Awards Local Couple with Stewardship Award for Maintaining Historic Home
A borough of Bucks County has recently recognized a local couple for the maintenance of their prestigious and historic home. The Borough of Doylestown recently awarded the Mayor’s Stewardship Award to a local couple due to the upkeep of their property. The borough acknowledges a local family for keeping the area beautiful on an annual…
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125-Room Great Valley Hotel Sells for $10.4 Million to BNS Associates
Moody National REIT II, a Houston real estate investment trust, has sold the 125-key Hampton Inn Philadelphia Great Valley Malvern in Frazer to BNS Associates for $10.4 million, writes Emma Dooling for the Philadelphia Business Journal. The deal, which closed on Dec. 11, 2025, comes out at $83,200 per key, below the average price per room of $100,971 for hotel sales in…
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Joint Venture Buys Bensalem, Newtown Shopping Centers for Total Price of $28.9M
Two open-air retail shopping centers in Bucks County sold to a joint venture for a total of $28.9 million, writes Paul Schwedelson for the Philadelphia Business Journal. ShopOne Centers REIT of New York City, together with London investment firm Pantheon, and a global institutional investor paid $15.38 million for Goodnoe’s Corner in Newtown and $13.55…
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Temple University Pays $8 Million for Former McDonald’s Site Adjacent to Its Sports Complex
Temple University has purchased the former McDonald’s site at Broad Street and Girard Avenue, next to Temple University Sports Complex, for $8 million, writes Ryan Mulligan for the Philadelphia Business Journal. The fast food restaurant that once occupied the lot was demolished in 2023. This acquisition continues a series of deals the university has pursued…
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