Fort Washington
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Fort Washington-based Toll Brothers Reports Better-Than-Expected Quarterly Orders
Fort Washington-based Toll Brothers has reported better-than-expected quarterly orders thanks to strong demand for high-end homes that is not wavering as the pandemic continues for the second year, writes Prashant Gopal for Bloomberg. Purchase contracts for the three-month period through January increased two percent from a year earlier to 2,929. Analysts forecast 2,844 orders. Toll…
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Suburban Office Market Wraps Up 2021 With One of Strongest Quarters in Past Two Years
The suburban office market ended 2021 with one of the strongest quarters for the past two years, which helped further stabilize it. Natalie Kostelni unlocked the performance metrics for the Philadelphia Business Journal. “Clients are looking at taking less space and investing more in that space,” said Les Haggett of CBRE Group, the Dallas, Tx.…
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Fort Washington-based Toll Brothers Unveils Plans for Its First 55+ Community in Washington State
Fort Washington-based Toll Brothers has unveiled plans to build its first Regency 55+ active-adult community in the Pacific Northwest, Regency at Ten Trails. The nation’s leading builder of luxury homes will open the community of 403 single-level homes set in South King County in Washington state for pre-sales in February. Regency at Ten Trails will…
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Fort Washington-based CMO Launches Journal My Health, Comprehensive App for People with Chronic Illness
Tracey Welson-Rossman, chief marketing officer for Fort Washington-based Chariot Solutions and founder of nonprofit TechGirlz, has launched Journal My Health, a comprehensive app that helps people with chronic illness communicate better with healthcare providers, writes Kennedy Rose for The Business Journals. Welson-Rossman got the idea for the digital platform over a decade ago, after a…
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Fort Washington’s Patriot Growth Insurance Services Commits $1 Million EITC to Roman Catholic High School
Roman Catholic High School has received an EITC/OSTC commitment of $1 Million from Mr. Matt Gardner, Founder, Chairman & CEO of Patriot Growth Insurance Services, LLC, a national insurance distribution firm headquartered in Ft. Washington, PA. This is the largest EITC /OSTC gift in the school’s history and will benefit as many as 400 current…
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Fort Washington Elementary Welcomes Back Students for First Time After Tornado Damaged School Building
Fort Washington Elementary School welcomed students back on Wednesday for the first time after a tornado damaged the school building, reports Deanna Durante for NBC10 Philadelphia. This was technically the kids’ second day inside the school. They attended classes on September 1, but later that day a tornado touched down and tore apart areas all…
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Fort Washington-based Toll Brothers Delivers Almost 10,000 New Homes, Driven by 2021 Demand
Fort Washington-based home builders Toll Brothers is reportedly looking at 20 percent revenue growth for the 2022 fiscal year, writes Ken Martin of Fox Business. For the luxury construction company, quarterly earnings have gone up — while the initial expectation per share was $2.49, the adjusted earnings are now going at $3.02 per share. Its…
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Johnson & Johnson to Separate Into Two Businesses
Johnson & Johnson will separate into two public companies, writes John George for the Philadelphia Business Journal. One company will focus on consumer health products, while the other concentrates on pharmaceuticals and medical devices. Johnson & Johnson is based in New Brunswick, NJ. Its local sites include a manufacturing plant in Fort Washington (where Tylenol,…
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Germantown Academy Grad Co-founds Startup That Brings Salon Hair Care Directly Into Client’s Home
Will Newton, a Germantown Academy graduate, is one of the founders and CEO of Shortcut, a growing startup that brings salon hair care directly into clients’ homes, writes Kennedy Rose for The Business Journals. The service connects stylists with people who prefer to get their hair done at home. Customers can schedule in-home appointments as…
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The Great American Relay, a Coast-to-Coast Run from Boston to Santa Monica, Pounds Through Bucks County
Judy Wonderly of Warminster ran a local leg of the 2021 Great American Relay this week. Her stint as lead runner took her from Midway Fire Company to Hartsville Fire Company in honor of her husband and her dad, both members of the military. The 9.4 miles Wonderly covered was just one leg of 415…
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TruMark Financial Credit Union Rewards High School Seniors for Being Money Management Savvy
Answer: TruMark Financial Credit Union’s 2021 Financial Jeopardy Competition. Question: What annual event, held virtually this year, put $11,000 in scholarship funds into the pockets of area students heading to college? Eight local students participated in the Jeopardy-style game show organized and hosted by TruMark Financial. The initiative, aimed at instilling financial literacy in high…
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Arbor Hill Estate in Fort Washington Once Priced at $30M Sells to Local Developer for $5.6M
Arbor Hill estate, formerly owned by ex-Advanta bank chief executive Dennis Alter, has been sold for $5.6 million to Sal Paone, a Montgomery County home developer, writes Katie Park for The Philadelphia Inquirer. Paone partnered with Jenkintown-based Goodman Properties to acquire the house he officially settled on in December. He plans to keep the house…
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Superior Guitar Work in Fort Washington Strumming Up More Business Than Ever During Pandemic
Fort Washington-based Superior Guitar Work, owned by Tim Huenke of Flourtown, has been busier than ever during the pandemic, writes Len Lear for the Chestnut Hill Local. Huenke has been building and repairing guitars at his shop for 17 years. Even under normal circumstances, instrument restoration takes a long time, he explained. Having to shut…
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Philanthropist Nicholas Karabots, Owner of Karamoor Estate Vineyard & Winery in Fort Washington, Dies Aged 86
Nicholas Karabots, the owner of Karamoor Estate Vineyard & Winery in Fort Washington and well-known Philadelphia area philanthropist, died on February 1 at 86, writes Paul Vigna for the Harrisburg Patriot-News. Karabots established the winery with his wife, Athena, ten years ago. “Anyone who visited Karamoor Estate heard plenty of stories and could see the…
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Acteon Lights for Life donates $13,656 to Special Olympics
Acteon Networks, LLC, a privately-owned comprehensive telecommunications and NEC dealer headquartered in Fort Washington, recently donated at check for $13,656 to Special Olympics Montgomery County with proceeds from the annual Light Up a Life charity drive. The Yoast family of Acteon creates a spectacular holiday light display each year, and donates the proceeds to local charities. [uam_ad…
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