Real Estate
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Malvern Bank House of the Week: English Tudor Estate in Bryn Mawr is a Hobbyist’s Dream
A striking English Tudor home with three bedrooms and three and a half bathrooms is available for sale in Bryn Mawr. The home is nestled on a private cul-de-sac that offers a sense of community but also offers highly-coveted privacy. Passing the stone gatehouse brings into view the orderly gardens and stone walls with arched…
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Local Power Couple’s Wyndmoor Home Perfectly Reflects Their Bold Personalities, Passion for Entertaining
Philadelphia power couple Nicole Cashman, CEO of Cashman & Associates, and Nigel Richards, techno DJ turned real estate pro, have transformed their historic Wyndmoor estate into a dream home that perfectly reflects their bold personalities and passion for entertaining, writes Erica Moody for Philadelphia Magazine. The couple moved to the suburbs three years ago, after…
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Beach Bungalows or Ski Chalets, Penn Community Bank Can Help Keep Vacation Homebuyers from Getting Burnt or Snowed Under
As quickly as a Nor’easter can wreck a beach trip or a run of global-warmed spring air can melt the enthusiasm of a ski weekend, a vacation home ownership dream can quickly become a nightmare. With advice from Penn Community Bank, however, escapists seeking respite from their ordinary work-home-chores-sleep routines can slip away to a…
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Malvern Bank House of the Week: Well-Maintained Cape Cod in Gladwyne
A delightful Cape Cod-style home on 0.7 beautiful acres with five bedrooms and three and a half bathrooms is available for sale in Gladwyne. The well-constructed Mahoney-built stone residence is perfectly situated on a professionally landscaped lot with an inground pool with a spa. The Koi Pond Garden is ideal for relaxing, while the spacious…
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Seven Tower Bridge in Conshohocken Has New Tenant, a Leader of Electronic Inventions
Lighting company Lutron Electronics Co. Inc will be moving into Seven Tower Bridge in Conshohocken, leasing space, reports Natalie Kostelni for the Philadelphia Business Journal. A spokeswoman for Lutron, which is headquartered in Coopersburg, PA, did not say why they are leasing space in Montgomery County, but does plan to inhabit the space by the…
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Sale of 150-Acre Property Gave This Montco University Breathing Room After Pandemic-Driven Enrollment Dip
When Gwynedd Mercy University acquired a 150-acre property from Merck in 2018 for $12 million, it saw it as a chance to double its campus and outfit the building that stood on the property to complement its health care programs, writes Hilary Burns for the Philadelphia Business Journal. However, once the pandemic hit, those plans…
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Love to Entertain? We’ve Got Just the House in Oaks for You
When they first saw the four-bedroom, three-bath dream home in Oaks, Rose and Chris Bonavita fell in love immediately, writes Paul Jablow for The Philadelphia Inquirer. “We loved that the house was on a private road and had very little traffic,” said Rose. Over the years, the quiet street turned into a neighborhood, which the…
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Westtown Township May Buy Almost Two-Thirds of Crebilly Farm
At a meeting tonight, April 4, Westtown Township officials will discuss the possibility of purchasing almost two-thirds of the 322-acre Crebilly Farm from the Robinson family, writes Bill Rettew for the Daily Local News. The township would buy 208 acres of the farm for $20.8 million, or $100,000 per acre. Meanwhile, Natural Lands may purchase…
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Malvern Bank House of the Week: Spectacular Contemporary Estate with Breathtaking Views in Meadowbrook
A spectacular contemporary estate home with four bedrooms and three full and two half bathrooms is available for sale in Montgomery County, in Meadowbrook. The splendidly designed residence boasts timeless architectural features and is nestled on a magnificent 1.68 acres with mature planting, park-like grounds, and breathtaking views. / The home opens onto an airy,…
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Providence Town Center in Collegeville Sells for $162M, New Owners Plan to Revamp to Attract More Tenants, Shoppers
A venture between Maryland’s Finmarc Management and KPR Centers of New York has bought Providence Town Center in Collegeville for $161.75 million, writes Natalie Kostelni for the Philadelphia Business Journal. The new owners are planning to revamp parts of the 760,000-square-foot retail center to attract more tenants and shoppers. The open-air retail property is situated…
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Legal Matters: Tips to Avoid Surprises When Buying Property
By Eric Wert A recent article in the Philadelphia Inquirer highlights a serious problem some homeowners face after purchasing a property – they don’t own the entire property that they believe they bought. The article tells the story of a young couple in Delaware County who signed an agreement of sale to sell their first…
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‘It Feels Good to Fill a Need’: Developer Aims to Meet Demand to Live in West Chester with 219 New Apartments
Following the demolition of the Salvation Army thrift store and Rubenstein’s Office Supply, West Chester Borough Council has granted preliminary land development approval for the construction of 219 “affordable housing” apartments at 250 East Market Street, writes Bill Rettew for the Daily Local News. Council will still need to vote for final approval before developer…
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Former Eagles Owner from West Chester Buys Full City Block in Miami
Former Eagles owner Norman Braman, the billionaire car dealer who spent his early years in West Chester before moving to Cobbs Creek, now owns an entire block in Miami’s Edgewater neighborhood, writes Brian Bandell for the Philadelphia Business Journal. Braman, 89, recently acquired the Fight Club Miami building located at 106 and 120 N.E. 20th…
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Top Tips for Buying Your Dream Vacation Property
Each year, when winter and summer seasons eventually fade, vacationers to the Pocono Mountains or the Jersey Shore respectively pack their belongings, head home, and count the days before a return trip. But often a question blossoms among departing renters: Since we love it here so much, should we consider a second-home purchase instead of…
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Malvern Bank House of the Week: Delightful Cape Cod in Penn Valley
This gorgeous 5,000+ sq ft Cape Cod is located on an almost one-acre property in Penn Valley has 4 bedrooms and 6.5 bathrooms. Step from the stone-covered porch into the welcoming open center hall foyer. Off the foyer, you’ll find the sun-filled living room with hardwood floors and recessed lighting. To the right of the…
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Premium King of Prussia Apartment Complex Sells for 112.5M$
The Canvas apartment complex in King of Prussia is off the market, writes Natalie Kostelni for the Philadelphia Business Journal. The 231-unit building is geared towards 55+ renters and was developed by the Carlyle Group and Bozzuto Group, and sold to a Radnor real estate firm Livingston Street Capital. The Canvas apartment model was testing the…
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Pottstown’s Cutillo’s Goes Up for Sale at 3.6M and Pennoni Associates Moving Into King of Prussia Office Space
Montgomery County real estate deals are ramping up as Spring begins, with two major deals inked in Pottstown and King of Prussia, writes Natalie Kostelni for the Philadelphia Business Journal. The famous Pottstown eatery, Cutillo’s at the Sanatoga Inn, is up for sale. This restaurant, located at 2688 E. High Street, has been a landmark in…
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Housing Trends in Montgomery County ‘Reaching Implausible Levels’
The housing stock in the region and Montgomery County is continuing to reach record-low levels, causing prices to skyrocket and reach heights that far outweigh the income of potential homebuyers, writes Ryan Mulligan for the Philadelphia Business Journal. According to Kevin Gillen, a senior research fellow at Drexel’s Lindy Institute for Urban Innovation, the inventory…
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