Philadelphia Business Journal
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Riverfront Home in New Hope with Five Terraces Hits Market for $10 Million
A home on the Delaware River in New Hope recently hit the market for $10 million, as waterfront real estate values soar in the borough, writes Ryan Mulligan…
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Philadelphia Population Growth Slows As International Migration Drops Considerably
The Philadelphia metro population increased by 16,000 between July 2024 and July 2025, but international migration to the region fell by nearly two-thirds, writes Ryan…
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Chobani, Parent of Philadelphia’s La Colombe, Invests $567M to Expand Michigan Plant
Chobani, which owns Philadelphia-based La Colombe, is investing $567 million in the coffee roaster’s West Michigan plant to help expand the brand’s ready-to-drink canned latte…
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Philadelphia Housing Authority Purchases Olde Kensington Development in $49.1M Deal
Philadelphia Housing Authority has acquired a recently completed 200-unit development in Olde Kensington as part of its push to purchase several multifamily properties, writes Paul…
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Hampton Inn Downingtown/Exton Changes Hands for $4.5M
A New Jersey firm has recently purchased the 120-room Hampton Inn Downingtown/Exton for close to $4.5 million, writes Emma Dooling for the Philadelphia Business Journal. JSK Exton North purchased the property at 4…
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Rahel Solomon, CNN Anchor and Delco Native, Is Leaving the Network
Archbishop Prendergast graduate and Delaware County native Rahel Solomon is leaving her position at CNN as an early morning program anchor, writes Jeff Blumenthal for…
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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…
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These Bucks County Zip Codes Were Listed As Some of The Wealthiest in the Greater Philadelphia Region
Two Bucks County areas made a recent list of the wealthiest zip codes in the Philadelphia area, a testament to county’s prestige. Todd Romero wrote…
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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…
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Malvern’s Neuronetics Announces New CEO as 2025 Revenue Nearly Doubles to $149M
Right when it reported a 99 percent revenue jump, Malvern-based Neuronetics appointed Dan Reuvers, a medical device industry veteran, as its next CEO, writes John George for the Philadelphia Business Journal. …
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With FDA Decision Looming, Plymouth Meeting’s Inovio Cuts Workforce to Preserve Cash
Over the past year, Plymouth Meeting-based Inovio Pharmaceuticals has reduced its workforce by 16 percent to preserve cash as it waits for the Food and…
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QVC Group’s Debt Crisis Deepens, Bankruptcy Looms as Future of West Chester Giant Hangs in Balance
As West Chester-based QVC Group struggles under $6.6 billion in debt, bankruptcy is becoming an increasingly likely outcome despite creditor talks, writes Jeff Blumenthal for…
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New York Developer Plans 620-Unit Apartment Tower Along Delaware River
Brevet Capital is planning a 36-story apartment tower along the Delaware River in Philadelphia, writes Paul Schwedelson for the Philadelphia Business Journal. The New York…
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Nation’s Top Homebuilders Toll Brothers, D.R. Horton Add 270 Units in Sellersville
Two of the nation’s largest homebuilders, Toll Brothers and D.R. Horton, are bringing a combined 270 new homes to Sellersville, writes Ryan Mulligan for the…
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Two Cofounders From Montgomery County Rank Among World’s Wealthiest
Two Montgomery County businessmen have landed on the Forbes 2026 World’s Billionaires List with a combined fortune of around $84 billion, writes Ryan Mulligan for…
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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…
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Newtown Rabbi Building Recreational Facility for People with Special Needs
Rabbi Yudy Shemtov, a Newtown Township resident, is planning to open a waterpark and recreational facility in Langhorne for individuals with special needs, writes Ryan Mulligan for…
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Three Chester County Brothers Join Forbes Billionaires List
Three Chester County residents affiliated with Exton-based Bentley Systems have made their debut on Forbes’ most recent annual billionaire listing, writes Ryan Mulligan for the Philadelphia…
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