Real Estate
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Analysts Rank Fort Washington-based Toll Brothers Among Best Residential Real Estate Stocks To Buy
Fort Washington-based Toll Brothers is one of the 12 Best Residential Real Estate Stocks To Buy According to Analysts, writes Zarah Hamid for Insider Monkey. Founded in 1967 in southeastern Pennsylvania by brothers Bob and Bruce Toll, the company expanded throughout the United States over the years and became known as one of America’s premier…
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First Bank House of the Week: Gilded Age Country Estate in Wyndmoor
A stunning French-style home on 3.76 beautiful acres with six bedrooms and eight and a half bathrooms is available for sale in Wyndmoor. . . DeepDene is a stunning Gilded Age country estate at the end of a private road, behind iron gates with a long winding driveway. . . Highlights include a gorgeous gourmet…
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Plymouth Meeting Mall Makes Plans for Residencies
PREIT is transforming Plymouth Meeting Mall by integrating residential developments, reports Paul Schwedelson for the Philadelphia Business Journal. The company emerged from Chapter 11 bankruptcy in April and is working to overcome $300 million in debt. Part of the plan involves leveraging land sales for liquidity. PREIT has secured approval from Plymouth Township to develop…
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First Bank House of the Week: Luxury Living in Lower Gwynedd: A $2 Million Dream Home
A luxurious estate in Lower Gwynedd offers timeless elegance and modern convenience, priced at $2,129,000. Situated in the top-rated Wissahickon School District, this custom-built home boasts 7 bedrooms, 6 full baths, 2 half baths, and over 8,000 square feet of living space, all on a private, spacious lot. . . The home features a grand…
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Phoenixville Apartment Building Sells for $48 Million to Jenkintown Company
Fort Washington-based Westrum Development has sold a 205-unit Phoenixville apartment building to Jenkintown’s Lindy Communities for $48.2 million, writes Paul Schwedelson for the Philadelphia Business Journal. Westrum constructed the four-story apartment community three years ago, operating it as Luxor Phoenixville, part of its Luxor collection of suburban apartment buildings. The new owner has since renamed…
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Toll Brothers Brings Luxury Homes to Delray Beach’s Limited Market
Fort Washington-based Toll Brothers has announced plans to develop a luxury residential community in Delray Beach, Florida, reports Brian Bandell for Philadelphia Business Journal. The new property is called Layton Pointe and will feature 31 single-family homes. The homes will range in size from 2,632 to 4,187 square feet, offering between three and six bedrooms.…
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Stunning Equestrian Estate Hits Market in Furlong
Located in the heart of historic Bucks County in Furlong, Fieldstone Farm is a stunning equestrian estate that seamlessly combines 18th-century craftsmanship with modern luxury, writes B&B Luxury Properties. This remarkable property that was built in 1747, is set on more than 100 gorgeous acres, and has recently hit the market for $5,795,000. The farm…
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Historic Center City Building, Once Home to Philadelphia Elks Lodge, Hits Market for $5.75M
A historic Center City building, once home to the Philadelphia Elks Lodge and later the Salvation Army, is currently on the market for $5.75 million, writes Paul Schwedelson for the Philadelphia Business Journal. The three-story building at 1320 Arch Street, facing the Pennsylvania Convention Center, was built in 1905. Currently vacant, it offers potential buyers…
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First Bank House of the Week: A $1.7M Modern Masterpiece in Huntingdon Valley
Discover a tranquil escape at 3450 Woodward Road. This breathtaking Huntingdon Valley home is listed at $1,699,000. Situated on a private 3.15-acre wooded lot at the end of a quiet cul-de-sac, this property offers an exceptional blend of modern luxury and natural serenity. From the moment you arrive, a winding driveway lined with mature trees…
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Essington Hotel Near Philadelphia Airport Changes Hands After $10M Sale
The Wyndham Garden Philadelphia Airport hotel in Essington near Philadelphia International Airport has a new owner and a new name following a $10 million sale, writes Emma Dooling for the Philadelphia Business Journal. The 308-room hotel at 45 Industrial Highway is now known as the Quality Hotel Philadelphia International Airport. In addition to rooms, the…
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One of Manayunk’s Few Remaining Developable Main Street Sites Goes on the Market
A Main Street site in Manayunk that is one of its few remaining developable sites has gone onto the market, writes Ryan Mulligan for the Philadelphia Business Journal. Plans have already been approved to construct 181 luxury waterfront apartments at the site on “Venice Island” that sits between the Manayunk Canal and the Schuylkill River.…
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Toll Brothers Opens New Senior Community in New Jersey
Fort Washington’s Toll Brothers recently opened the Regency at West Windsor in West Windsor Township, New Jersey, writes Linda Lindner for ROI-NJ. Regency at West Windsor is an active-adult community for residents 55 years old and above. The low-maintenance townhomes feature modern designs and resort-style amenities. The community, nestled close to Princeton, has a clubhouse,…
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Lovingly Redesigned Mid-Century Modern Home in Wynnewood Hits Market
A lovingly redesigned mid-century home, filled with natural light and alive with color, recently hit the market in Wynnewood, writes for the Main Line Today. After buying the home in 2018, Scott and Keri Berger, both real estate agents, drew on their years of experience and the unique styles of houses they previosly sold to…
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Curtis Institute of Music Wins Bid for Art Alliance Building
The Curtis Institute of Music will take ownership of the Art Alliance building after outbidding Temple University for the property that was previously owned by the closed University of the Arts, write Susan Snyder, Peter Dobrin, and Jake Blumgart for The Philadelphia Inquirer. The institute bid $7.6 million at a live auction conducted on Tuesday…
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Ranking the Montgomery County Towns with Surging Home Values in 2024
While the housing market has grown tumultuous in recent years, some towns are more affected than others. Stacker reports that these Montgomery County towns have seen their homes leap in value due to higher mortgage rates and new home price tags. Flourtown The average price of a Flourtown home is $578,520. That’s up 5.6 percent…
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First Bank House of the Week: A $5.95 Million Blend of Elegance and Craftsmanship in Worcester
Priced at $5.95 million, Twin Ponds Estate, at 1534 N Trooper Road in Worcester, is a Georgian-inspired masterpiece crafted with meticulous attention to detail. . . Designed by Spence Kass & Associates, the property harmonizes old-world craftsmanship with modern luxury, boasting curated elements sourced from the owner’s global travels. The estate’s grand entrance features an…
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Upper Dublin Planning Commission Advances BET Investment’s Promenade Proposal
The Upper Dublin Planning Commission voted to recommend advancing BET Investments mixed-use development proposal for the Prudential tract, writes Linda Finarelli for The Reporter. The proposal seeks ordinance amendments to accommodate Promenade East, a 90-acre development featuring 600 apartments, 160 stacked townhouses, 100,000 square feet of office space, a 150-unit senior living facility. There is…
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Conshohocken’s Morgan Properties Expands into Kentucky
Conshohocken’s Morgan Properties, the nation’s largest private owner of multi-family communities, has expanded into Kentucky, reports the company. The $39 million acquisition of Blankenbaker Crossings in Louisville makes Kentucky state number 20 in Morgan Properties ever-growing portfolio. This comes as the company celebrates its 40 year anniversary. Morgan Properties already has a footprint in the…
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