Philadelphia Business Journal
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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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New Steakhouse from Atlas Restaurant Group Coming to The Rittenhouse Hotel
Atlas Restaurant Group is set to open its second Philadelphia restaurant, introducing its steakhouse concept The Ruxton at The Rittenhouse Hotel, writes Emma Dooling for…
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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…
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Philadelphia Ranks Among Best Startup Cities in Nation as Funding Freeze Shows Signs of Thawing
Philadelphia ranks among the top ten best startup cities that have at least 1 million residents, as the funding freeze that has lasted several years…
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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.…
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Villanova University Acquires 8-Acre Site Next to Cabrini Campus
Villanova University has acquired an 8.3-acre residential parcel next to Cabrini University as it looks for opportunities to grow its campus. The parcel at 1250…
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Kennett Square’s Genesis HealthCare Sells for $1 Billion in Fifth-Round Auction
Kennett Square-based Genesis HealthCare has agreed on its sale to 101 West State Street for $1.02 billion following five rounds of bidding last week, writes John George for the Philadelphia Business Journal. …
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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…
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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…
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Consumers in Philadelphia Region Pull Back on Spending, Fed Reports
With strong economic growth but a slowing labor market last year, a theme of 2026 will be “waiting for clarity,” according to Federal Reserve Bank…
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Ryan Ogle Steps Down as 2026 PGA Championship Director at Aronimink
The 2026 PGA Championship at Aronimink Golf Club is losing its director, Ryan Ogle, only a few months from its opening, writes Emma Dooling for…
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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…
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