Philadelphia Business Journal
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Bankruptcy Reports Send QVC Group Stock into Steep Decline
Reports that West Chester-based QVC Group is negotiating a voluntary debt restructuring with its creditors, potentially including a Chapter 11 bankruptcy filing, have caused the…
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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…
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Plans Advance to Transform Wayne Office Building into 162-Unit Apartment Complex
Following required approvals, the partnership of Malvern-based E. Kahn Development, Wayne-based Love Communities, and Harrisburg’s Triple Crown Corp. is proceeding with plans to convert a Wayne office complex…
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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…
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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…
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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.…
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Montco’s Hajoca Expands National Footprint with Major Acquisition
A long-established Montco company is expanding its national footprint, as Hajoca has acquired American Refrigeration Supplies, writes The Philadelphia Business Journal. Lafayette Hill’s Hajoca is…
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Two Philadelphia Firms to Merge, Deal Expected to Help Each Expand and Integrate Portfolios
Philadelphia firms Ceisler Media & Issue Advocacy and Athena Global Advisors, respectively, are set to merge, writes Jeff Blumenthal for the Philadelphia Business Journal. Both…
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Philanthropic Gift Launches Trauma Center Expansion at Jefferson Abington
Jefferson Health launches a huge fundraising campaign to modernize and expand the trauma center at Jefferson Abington Hospital, according to John George for The Philadelphia…
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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…
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MLB Plans to Invest Millions in Philadelphia Communities for 2026 All-Star Weekend
In 2019, the MLB did something it doesn’t typically do in announcing the host city of its All-Star Game seven years in advance. Knowing that…
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Previously Outsourced, Malvern’s Vanguard Group Reclaims Hundreds Of Local Jobs From Infosys
Vanguard Group is bringing hundreds of jobs back from Infosys to its Malvern headquarters, following a 1,300-position outsourcing move six years ago, writes Ryan Mulligan…
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Temple University Unveils New 10-Year Strategic Plan for Institution, North Philadelphia Region
Since being installed as the new president at Temple University, John Fry has been detailing his vision for the future of the institution. Last week,…
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New York Hospitality Firm Acquires Malvern Residence Inn for $14.7 Million
A New York-based Samar Hospitality affiliate has purchased the 127-room Residence Inn by Marriott Philadelphia Great Valley/Malvern for $14.7 million, writes Emma Dooling for the Philadelphia Business Journal. At $115,748 per key, the…
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America’s Largest Privately Held Real Estate Brokerage Enters Philadelphia Market
Howard Hanna Real Estate Services, the largest privately held real estate brokerage in the nation, is now in the Philadelphia market and is already looking…
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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…
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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…
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Maddy Rose Mediterranean Restaurant Coming to New Hope’s Former Landing Site
Hospitality group By Landmark is set to open Maddy Rose, a Mediterranean restaurant, at the site of The Landing, a former New Hope staple, writes…
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