Real Estate
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Ardmore Music Hall Group Saves Historic Baltimore Concert Hall
The team behind the Ardmore Music Hall is extending its reach beyond the Philadelphia region with the acquisition of a longtime Baltimore concert venue, writes Morgan Simpson for The Philadelphia Business Journal. This marks the company’s first expansion outside its home turf. Rising Sun Presents Takes Over the 8×10 Ardmore-based Rising Sun Presents has acquired…
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Villanova’s Historic Oakwell Mansion and Grounds Saved From Demolition
A historic Villanova estate once targeted for school athletic fields will instead be preserved and eventually opened to the public, writes Frank Kummer for The Philadelphia Inquirer. A $13 million sale between the Lower Merion School District and two conservation-minded nonprofits closed last Friday. A Deal Years in the Making The 13-acre Oakwell property is…
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Former Sixers Owner’s Huntingdon Valley Estate Returns to Market for $3.9M
A sprawling Huntingdon Valley estate once owned by former Philadelphia 76ers owner Harold Katz is back on the market, writes Ryan Mulligan for The Philadelphia Business Journal. The property’s massive private sports complex is once again drawing attention across the region. The nearly seven-acre Montgomery County property recently re-entered the market for $3.9 million, just…
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Toll Brothers’ Strategy for Closed Golf Courses is Paying Off
Fort Washington’s Toll Brothers is paying $21.65 million to finally turn a shuttered Florida golf course into a new neighborhood, Brian Bandell for The Philadelphia Business Journal. The luxury homebuilder acquired the former Cypress Creek Golf Course west of Boynton Beach, a 122.5-acre property that has sat closed since 2018. Toll Brothers filed plans in…
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Bryn Mawr’s Lancaster Avenue Corridor Sees Rare Portfolio Sale Listing
A rare opportunity has surfaced for investors eyeing one of the Main Line’s tightest commercial corridors, writes Paul Schwedelson for The Philadelphia Business Journal. A collection of mixed-use buildings along Bryn Mawr’s Lancaster Avenue has officially hit the market. Brokers say the scarcity alone could drive serious interest. The Properties Philadelphia-based Rubin Management is marketing…
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Historic Trumbauer-Designed Mansion Near Rittenhouse Square Hits the Auction Block
A rare slice of Gilded Age Philadelphia is about to change hands, and possibly its purpose entirely. The Edward C. Knight Mansion, tucked just off Rittenhouse Square at 1629 Locust St., is heading to auction this month, Ryan Mulligan writes for the Philadelphia Business Journal. Designed by Horace Trumbauer — the architect behind some of…
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The Station at Hatboro Secures $20 Million in Permanent Financing
A 102-unit apartment community in Hatboro called The Station at Hatboro has landed $20 million in permanent financing, writes ROI-NJ. This is the latest sign of the borough’s growing apartment boom along its York Road corridor. $20 Million Deal Closes for Newest Hatboro Project G.S. Wilcox & Co., a Morristown-based commercial real estate investment banking…
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New Hope Riverfront Home With Glass Facade Listed for Nearly $10 Million
Where a 1930s cottage once stood on the banks of the Delaware River, a glass architectural statement has taken its place. Now, it’s on the market for just under $10 million, writes Ben Shapiro for Bucks County Courier Times. The property at 2710 River Road sits on eight acres in New Hope with sweeping views…
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These Montgomery County Zip Codes Cracked the Top 1,000 Wealthiest in the US
Philadelphia-area ZIP Codes are well represented among the Wealthy 1000. These 1,000 ZIP Codes have some of the richest neighborhoods in the US, and include the Montgomery County neighborhoods of Wynnewood (No. 295), Merion Station (No. 309) and Narberth (No. 347).writes Joanne Drilling and Ryan Mulligan for the Philadelphia Business Journal. The new ranking from…
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First Bank House of the Bank: Wynnewood Estate With Pool and 2.31 Private Acres Lists for $2.975M
Listed for $2,975,000, this Wynnewood estate on Remington Road offers a rare blend of privacy, scale, and Main Line character, according to Realtor.com. Set on 2.31 acres in one of Montgomery County’s most desirable residential areas, the 8,361-square-foot home features eight bedrooms, multiple bathrooms, and a flexible layout designed for both everyday living and extended…
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$105M Redevelopment Finally Moving Forward in Willow Grove
After nearly two years of delays, a major redevelopment project in Willow Grove is finally moving forward, writes Paul Schedelson for The Philadelphia Business Journal. Federal Realty Investment Trust plans to begin demolition this spring at the Willow Grove Shopping Center to make way for 261 apartments and new retail space. The $105 million project…
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Vanguard Ditches Malvern Office Lease, Cutting Building Occupancy to 36 Percent
Vanguard is walking away from 87,600 square feet of office space in Malvern, a move that will send one building’s occupancy from 100 percent to 36 percent, reports Paul Schwedelson for the Philadelphia Business Journal. The investment giant’s lease at 45 Liberty Blvd. in the Great Valley Corporate Center expires at the end of June, and Vanguard informed landlord FLD Group that it won’t…
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An 11-Generation Rittenhouse Family Estate in Harleysville Is Now for Sale
A piece of Montgomery County history is looking for its next steward, and it comes with a story that stretches back to the founding of America itself, writes Ryan Mulligan for The Philadelphia Business Journal. A historic Harleysville estate that has remained in the Rittenhouse family for 11 generations has been listed for sale for…
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First Bank House of the Week: This Hidden Gladwyne Estate Offers Nearly Seven Acres of Main Line Luxury
Listed for $7,495,000, this Gladwyne estate on Realtor.com offers a rare mix of privacy, scale, and Main Line elegance on nearly seven acres along Old Gulph Road. Known as “Wooded Hill,” the gated property sits behind stone piers and opens to mature landscaping, formal gardens, broad lawns, winding stone paths, terraces, a pool with pavilion,…
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Gladwyne Mega Mansion with Indoor Pool and Bowling Alley Is on the Market
A 7.25-acre estate in Gladwyne on Merion Square Road with seven bedrooms and 16 bathrooms is on the market for $11.999 million writes Ryan Mulligan for Philadelphia Business Journal. The home was built in 2007 and includes many unique features such as grand staircases, large chandeliers, handcrafted sculpting, and Bellagio-style fountains. Inside the home, there…
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D.R. Horton Eyes 130-Acre Honey Brook Site, Local Speedway for New 170-Home Community
One of the nation’s largest homebuilders has its sights set on rural Chester County, and its plans include saving a local speedway in the process, writes Ryan Mulligan for the Philadelphia Business Journal. D.R. Horton is proposing a 170-home development on 130 acres next to the Honey Brook Speedway. The planned community, called Arbor’s Glen, would feature 85 duplex buildings and public amenities. In atypical fashion for the company, D.R. Horton…
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Embassy Suites Near Philadelphia Airport Listed for Sale As Investors Eye 2026 Event Boom
A well-known all-suite hotel steps from Philadelphia International Airport has hit the market, and the timing is no coincidence. The Embassy Suites by Hilton Philadelphia Airport, a 263-room property at 9000 Bartram Ave., is being offered for sale as investors look to cash in on what could be one of the most lucrative stretches in…
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Main Line Neighborhood Ranks Among 50 Hottest Luxury Housing Markets in America
Villanova ranked among the 50 hottest luxury housing markets in America for the third quarter, writes Ryan Mulligan for the Philadelphia Business Journal. Villanova landed at No. 49 based on an analysis of the nation’s hottest luxury markets using third-quarter listing and sales data from Intercontinental Exchange. During that time, Villanova’s 19085 ZIP code saw…
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