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Oaks’ SEI Investments Sells Family Office Services Business for $120M, Rebrands as Archway
Oak’s SEI Investments has agreed to sell its family office services business to New York-based investment firm Aquiline Capital Partners, writes Jeff Blumenthal for Philadelphia Business Journal. The $120 million sale is expected to close in the late second quarter. Following the sale, the business will rebrand as Archway, adopting the name of SEI’s well-known…
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New Hanover’s John Curcio Takes on Last 100-Mile Ride for YMCA Charity
New Hanover resident John Curcio is preparing for his final 100-mile “arm biking” fundraiser on Wednesday, March 5, at the Spring Valley YMCA. A dedicated staff member and longtime member of the YMCA, John Curcio has used his annual ride to raise funds for the Y’s Annual Campaign, which provides free or discounted memberships, childcare,…
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Influx of Celebrities Driving Real Estate Prices Up in New Hope
Celebrities flocking to New Hope are driving up real estate prices, making it unaffordable for many who had hoped to call this quiet hot spot home, writes Julie Gerstein for Realtor.com. The interest in New Hope is partly due to its location, which is roughly halfway between New York City and Philadelphia. People are also…
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Shapiro Secures $2 Billion in Federal Aid After Legal Battle with Trump Administration
Josh Shapiro announced Monday that over $2 billion in federal aid—previously frozen by the Trump administration—is now accessible, reports Marc Levy for The Reporter. The Abington native had sued in federal court earlier this month, challenging the funding pause as illegal and unconstitutional. The withheld aid, tied to key infrastructure and environmental projects, included funding…
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Bryn Mawr Home Blends Modern Style, Family Functionality, and a Speakeasy
When Lisa and Brian Walsh first saw their Bryn Mawr home in 2023, they fell in love—not with the house, but with the backyard, writes Terri Akman for the Philadelphia Inquirer. Despite the Colonial-style home needing extensive renovations, the lush garden made it irresistible. To modernize the 3,800-square-foot space, they partnered with Remy Creative Interior…
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Dermatology Partners Unveils New Pottstown Lab, Tripling Size and Expanding Services
Dermatology Partners has unveiled a new dermatopathology lab in Pottstown, writes John George for the Philadelphia Business Journal. The company invested over $1 million in the facility to expand services and enhance skin cancer diagnostics. The 3,000-square-foot facility is 300% larger than the group’s previous lab located in a historic barn in Amity Township. The…
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Toll Brothers CEO Pays Tribute to Founders and Philadelphia
Toll Brothers CEO Douglas C. Yearley Jr. credits the company’s enduring success to the values instilled by its co-founder, Bruce E. Toll, writes Kevin Riordan for the Philadelphia Inquirer. “This company was founded on grit, and on being smarter and working harder than anyone else,” Yearley said. “That speaks to how Bob and Bruce were…
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Montco’s Owen Garwood Scores $10,000 Thanks to A-Rod’s Halftime Basket
Montgomery County native and Bucknell University sophomore Owen Garwood had an unforgettable night after former MLB star Alex Rodriguez secured him a $10,000 prize, writes Gabrielle Rockson for Yahoo! Sports. During halftime of Bucknell’s men’s basketball game against Army, Rodriguez took part in a half-court shot contest. If he made the shot, a randomly selected…
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First Bank House of the Week: A Custom Ambler Home with Resort-Style Backyard Ready to Entertain
A stunning Mediterranean-style ranch home is now on the market for $1,295,000, offering a perfect blend of luxury, comfort, and convenience on a private 1.19-acre lot. This custom-built estate features 5,214 square feet of meticulously designed living space, recently updated with a new roof, refreshed interiors, and modern amenities. . . The welcoming front courtyard…
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Carter Siporin Showcases Impressive Skills on This Season of ‘Kids Baking Championship’
Eleven-year-old Carter Siporin from Perkasie has been showcasing his impressive baking skills on the latest season of Kids Baking Championship, reports Astrid Martinez for NBC10 Philadelphia. Competing against 11 talented young bakers from across the country, he has wowed the judges with his stunning cakes and other exquisite baked creations. Carter made his first two-tier…
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Montgomery County Has Five of the Top 10 Hottest Housing Markets in the Region
Five Montgomery County towns have been recognized among the hottest housing markets in the Philadelphia region, reports Joanne Drilling and Ryan Mulligan for the Philadelphia Business Journal. The analysis emphasized ZIP codes with surging sales activity and rising prices rather than merely expensive or popular markets. Wynnewood led Montgomery County, number 2 locally, with an…
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Montgomery County Forum Unites Officials and Immigrant Entrepreneurs
A recent forum in Norristown, hosted by the Centro de Cultura Arte Trabajo y Educacion (CCATE), gathered 60 Latin business owners and local leaders, writes Rachel Ravina for The Reporter. The forum addressed the impact of immigration enforcement on the economy. The event, attended by municipal, state, and federal officials, emphasized the vital role immigrant-owned…
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Penn State to Close Some Commonwealth Campuses Amid Declining Enrollment
Penn State University announced plans to close some of its Commonwealth campuses as enrollment continues to decline, writes Susan Snyder for the Philadelphia Inquirer. University President Neeli Bendapudi confirmed that while the Abington campus in Montgomery County and other high-enrollment locations are safe, 12 campuses are under evaluation for closure. A final decision is expected…
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Governor Josh Shapiro Assesses Damage at SPS Technologies, Praises Firefighters
Governor Josh Shapiro visited the SPS Technologies facility in Abington on Saturday to assess the aftermath of a massive fire that broke out last Monday, writes Rachel Ravina for The Reporter. SPS Technologies, a leading aerospace component manufacturer, suffered extensive damage, though no injuries were reported. During his visit, Shapiro met with company officials, local…
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Black Reserve Bookstore in Lansdale Grows into Hub for Black Culture and Community
The Black Reserve Bookstore, which first opened its doors in Lansdale in 2017, has grown into a thriving hub for Black culture and community, writes Emily Neil for the WHYY. Owner Shaykh Anwar Muhammad started in a small space about a quarter the size of his current one. As his business grew, he relocated to…
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Narberth Nonprofit Stress Relief Outlet for People with Cystic Fibrosis
Take A Breather Foundation, a Narberth-based nonprofit, provides much-needed stress relief outlet for individuals living with cystic fibrosis, reports Nick Iadonisi for 6abc. Its mission is to try and give recipients a break from the daily challenges of their illness, often by having special events which can include offering a ticket to an Eagles game,…
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King of Prussia Mall Welcomes Gorjana’s Latest Jewelry Boutique
California-based jewelry brand Gorjana has expanded its presence in the Philadelphia region by opening a new store in the King of Prussia Mall, writes Franki Rudnesky for the Philly Voice. This marks the company’s third location in the area, complementing existing stores on Walnut Street in Philadelphia and in Ardmore’s Suburban Square. The new store,…
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Nearly 200-Acre Elk Creek Farm in New Hope Hits Market for $10.5M
Elk Creek Farm in New Hope, with pre-Revolutionary War roots, has recently hit the market for $10.5 million, making it the most expensive individual property in the current Bucks County housing market, writes Ryan Mulligan for the Philadelphia Business Journal. The property, which totals 188 acres, was part of the original William Penn land grant.…
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