Real Estate
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First Bank House of the Week: Wonderful Family Colonial Home in Ambler
A wonderful colonial home on 2.23 lovely acres with six bedrooms and four full and three half bathrooms is available for sale in Ambler. . . This exquisite residence features an elegant brick facade along with an attractive covered front porch. It spans almost 7,200 square feet, with the carriage house providing an additional 700…
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Trusted Land Transfer Completes Second Title Company Acquisition in 12 Months
Trusted Land Transfer President and CEO Faith Hammes and Executive Chairman Bob Marino have announced the acquisition of their second title company in the last 12 months. In the wake of acquiring Quakertown-based Plymouth Group in June 2023, TLT completed the merger of Brennan Title Abstract in Cherry Hill, N.J., last month. The merger will increase…
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Conshohocken’s Morgan Properties Expands Pennsylvania Holdings with Major Acquisition
Conshohocken-based Morgan Properties has significantly expanded its presence in Pennsylvania by acquiring a multifamily portfolio totaling 3,434 units, writes Paul Schwedelson for the Philadelphia Business Journal. The real estate firm purchased the 11-property portfolio from Flourtown-based DePaul Management Co., the original developer of these properties. The financial terms of the deal were not disclosed. …
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Wall Street Journal: Amid Rising Prices, People Turn to Zillow Therapy to Go on Make-believe Real-Estate Hunts
With rising prices, low inventory, and high mortgage rates, more people are turning to Zillow therapy: make-believe real-estate hunts in the Philadelphia region that transport them into a fantasy of a better future, writes Elizabeth Bernstein for The Wall Street Journal. Ellisha Caplan is a 47-year-old consultant in Delaware who has been searching various real-estate…
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Microsoft Alum, Montco Resident Bringing Anchored Tiny Homes Franchise to Region
Mario Mascioli, a Microsoft alum and former tech executive who lives in Montgomery County, plans to open an Anchored Tiny Homes franchise that will serve Chester County — the Philadelphia region’s priciest housing market — and neighboring Lancaster County, writes Ryan Mulligan for the Philadelphia Business Journal. The homebuilder, who is based in Northern California,…
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First Bank House of the Week: Stately Jenkintown Stone Colonial
A stately stone colonial home on 0.59 acres with six bedrooms and six and a half bathrooms is available for sale in Jenkintown. This gorgeous residence offers unparalleled charm and elegance. It welcomes you with the gracious front-to-back foyer with inlaid hardwood floor throughout. . . Other highlights include a formal living room with gas…
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Montco Man Selling Poconos Home with Heated, Olympic-Length Pool and Home Theater for $3.5M
Steven A. Saslow, a Montgomery County native, is selling his home near the Pocono Mountains with a heated indoor Olympic-length pool for $3.5 million, writes Lisa Dukart for the Philadelphia Business Journal. Saslow built the nearly 14,000-square-foot home in 1991. The CEO of Mail Tribune/Rosebud Media attended a summer camp in the region when he…
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First Bank House of the Week: Picturesque Rambler in Collegeville
A picturesque rambler home set on 1.84 acres with four bedrooms and three bathrooms is available for sale in Collegeville. This attractive residence boasts a rear view of Worcester Golf Club as well as a front view that goes on for miles. . . The custom-built home offers an abundance of luxurious and comfortable living…
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King of Prussia Hotel Going On Auction With $3.5M Starting Bid
A King of Prussia hotel with 129 keys is heading to auction and it has a starting bid of $3.5 million, writes Emma Dooling for the Philadelphia Business Journal. The online auction for the Hyatt Place King of Prussia will take place July 22-24 on the real estate platform, RI Marketplace. Built in 2010, the…
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New Apartment Building Will Bring Retail-Adjacent Residential Real Estate to the Main Line
The real estate trend of retail-residential proximity, having arealdy succeeded in Montgomery County — the King of Prussia Town Center/Village at Valley Forge, is one example — is being duplicated. Paul Schwedelson covered the coming of Coulter Place, Ardmore, in the Philadelphia Business Journal. Coulter Place is a 131-apartment project adjacent to Suburban Square. It…
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First Bank House of the Week: Beautifully Designed Colonial in Flourtown
A beautifully designed colonial home on 2.68 acres with four bedrooms and four bathrooms is available for sale in Flourtown. This lovely country estate residence perfectly combines historic charm with contemporary luxury in a tranquil and private setting. Its many gorgeous details include hardwood floors throughout and custom window treatments. . . The heart of…
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Free to a Good Home: The Historic 1834 Hood Mansion in Limerick
The historic 1834 Hood Mansion in Limerick is free for the taking. Literally. “FREE TO ANYONE WHO CAN MOVE HER,” reads a notice on the website of the Eastern Pennsylvania Preservation Society (EPPS). It’s got to move quickly, or it becomes a pile of rubble, writes Rita Giordano for The Philadelphia Inquirer. The Pennsylvania brownstone…
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Conshohocken Borough Considers $5.1 Million Purchase for Unified Fire and Ambulance Facility
The Borough of Conshohocken is considering the purchase of a former car dealership to transform it into a unified facility for both a fire department and ambulance company, writes Kevin Tierney for More Than the Curve. The idea for the $5.1 million purchase was discussed during the June 5th Borough Council meeting, following a presentation…
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Gladwyne Estate Once Owned By Campbell Soup Heir Now Off the Market
The iconic Gladwyne estate that was once home to a Campbell Soup heir has been sold at an auction, writes Lisa Dukart for the Philadelphia Business Journal. This marks the end of a more than decade-long ordeal that saw the estate go on and off the market and endure multiple configurations aimed to sell the…
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Ardmore Home Loaded With Colonial Charm Needed a Modern Kitchen, Bath
Their 1915 colonial home in Ardmore had plenty of long-ago charm, but it also had a small kitchen and utilitarian bathroom, writes Eileen Smith Dallabrida for Main Line Today. The owners decided they wanted a 21st-century open kitchen and luxurious primary bath in their charming three-story home, so they hired Bryn Mawr’s Garden/Fox Associates to…
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Norristown Reviewing Proposal for Mixed-Use Development On 68-Acre Site Next to State Hospital
Norristown is currently reviewing a proposal to build a mixed-use complex on a 68-acre site near the Norristown State Hospital that promises to be the borough’s largest-ever development of its type, writes Kevin Riordan for The Philadelphia Inquirer. The $300 million Preserve at Stony Creek would have townhouses, apartments, stores, flex space, and a public…
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Horsham Couple Fights Sale of Former Limekiln Simmons School Site to Developers
A Horsham couple is battling the Hatboro-Horsham School District over its plans to turn the site of the former Limekiln Simmons School into housing, writes Maddie Hanna for The Philadelphia Inquirer. John Ambler, a descendant of Quakers for whom Ambler is named, and his wife, Peggy, live on a farm in Horsham that borders land…
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First Bank House of the Week: Exceptional Stone-front Colonial in Bryn Mawr
An exceptional stone-front colonial on 1.8 acres with six bedrooms and five full and two half bathrooms is available for sale in Bryn Mawr. . . This stunning residence is perfectly situated in the prestigious Main Line area of Radnor Township and offers luxurious living in a private setting surrounded by open space. Highlights include…
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