Real Estate
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First Bank House of the Week: Crosswinds Field Farm Offers Luxury Living with Aviation Access
Listed at $2,500,000, this 81-acre Gilbertsville estate pairs classic architecture with rare aviation access, and you can explore the full listing on Realtor.com. . . Known as Crosswinds Field Farm, the property features a Georgian Colonial residence custom built in 1992, set at the end of a tree-lined drive. The brick home opens to a…
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After Sonder’s Collapse, Witherspoon Building Returns to Long-Term Rentals
The 186-unit Witherspoon Building has transitioned from short-term rentals into a more traditional leasing model following the sudden collapse of Sonder Holdings, writes Emma Dooling for the Philadelphia Business Journal. SSH Real Estate, which owns the Center City building in partnership with Young Capital, is now repositioning the property as a traditional rental asset. According…
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Former Willow Grove Naval Air Station Inches Closer Toward Mixed-Use Vision
The next transformation of the former Willow Grove Naval Air Station will start with next Wednesday’s hearing, writes Dino Ciliberti for the Patch. The hearing will start the process of rezoning the 862-acre Horsham site to match the federally approved redevelopment plan, which envisions a vibrant mix of town centers, office parks, recreation spaces, and…
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First Bank House of the Week: A Frank Furness–Attributed Home Listed at $2.19M in Merion Station
Priced at $2,196,000, a grand historic estate in Merion Station is drawing attention as this week’s House of the Week, offering a rare blend of architectural legacy and modern comfort, according to Realtor.com. Located at 662 South Highland Avenue, the seven-bedroom, three-and-a-half-bath residence dates to 1888 and is widely attributed to famed Philadelphia architect Frank…
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Philadelphia Metro is One of 10 Job Markets Setting the Stage for Strong Housing Demand in 2026
Of the numerous factors that impact the housing market, one is emerging as particularly important for 2026: employment. Employment strength is the driver behind buyer confidence, income growth, and, ultimately, housing demand. Conversely, slower hiring, layoffs, and rising unemployment have a direct correlation to weaker housing markets. With this logic, NewHomeSource parent company Zonda produced…
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CRC Industries Plans Move to Larger Office Space in Horsham
CRC Industries will expand its headquarters by more than 20 percent following the lease of a larger space in Horsham, writes Paul Schwedelson for the Philadelphia Business Journal. This summer, the chemical specialty products supplier will move from its current headquarters at 800 Enterprise Road, just two miles from the new offices. The current facility…
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What to Know Ahead of Hatfield’s Movie Lots Hearing
After years of discussion and debate, Hatfield Township residents will get a closer look at what could be next for the long-discussed “Movie Lots” property, writes Dan Sokil for The Reporter. Township officials will hold a public hearing on Wednesday, January 28, where Pulte Homes is expected to formally present its case for conditional use…
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First Bank House of the Week: Inside a $1.7M Luxury Home in Gwynedd Valley
Set on a quiet stretch of Evans Road in one of Lower Gwynedd Township’s most desirable neighborhoods, this expansive Gwynedd Valley home is now on the market for $1,699,900. According to a listing on Realtor.com, the custom-built residence offers a rare blend of privacy, scale, and proximity to some of Montgomery County’s most convenient amenities.…
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Scarcity and Celebrity Influx Send Value of New Hope Riverfront Homes Skyrocketing
Prices for riverfront homes in New Hope have surged in recent years, driven by limited inventory and a growing influx of celebrities to the charming Bucks County town, writes Ryan Mulligan for the Philadelphia Business Journal. The recent sale of a Delaware River property for $9.5 million highlighted the durability of higher home prices in…
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Limerick Land Swap Would Bring State Game Land to Edgmont
A developer’s proposal to the Pennsylvania Game Commission could give Delaware County its first swatch of Pennsylvania Game Land, writes Frank Kummer for The Philadelphia Inquirer. Game Lands are managed areas for hunting, hiking, fishing, and wildlife conservation. Limerick Town Center LLC, a warehouse developer, has proposed trading 559 acres of land across three counties,…
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Swiss Investment Company Acquires Rittenhouse Square Building for $5.23M, Conversion Possible
MZP AG, a Switzerland-based investment company has purchased a Rittenhouse Square building in a $5.23 million deal, writes Paul Schwedelson for the Philadelphia Business Journal. The six-story building at 1619 Walnut Street is mostly-vacant and saw a 70 percent decline in its sale compared to the $19.2 million New York-based Nuveen Real Estate paid in…
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Apartment Sales Surge in Montco with $48M Bala Cynwyd Deal
A prominent apartment community in Bala Cynwyd has changed hands, underscoring the continued strength of southern Montco’s multifamily market, writes Paul Schwedelson for The Philadelphia Business Journal. A 173-unit Bala Cynwyd apartment building has sold for $48.3 million, or roughly $279,000 per unit, to a joint venture of out-of-state investors. The five-year-old property at 9…
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Toll Brothers Joint Venture Sells Apartment Building Outside of Boston for $131M
A joint venture between Fort Washington-based Toll Brothers and an affiliate of The Carlyle Group has sold an apartment building outside of Boston for $131 million, writes Grant Welker for the Philadelphia Business Journal. Pantzer Properties, a New York real estate investment firm, bought the 289-unit property located roughly 15 miles from downtown Boston. The…
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Fortune Awards Toll Brothers Top Honors in Home Building Industry
Fortune named Fort Washington–based Toll Brothers the No. 1 Most Admired Home Builder on its 2026 list of the World’s Most Admired Companies, the company announced in a press release. The recognition marks the ninth time Toll Brothers has earned the top spot in its category, reinforcing the builder’s long-standing reputation for quality, leadership, and…
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First Bank House of the Week: Historic Rydal Estate Lists at $1.6M
The stunning 6-bedroom, 4.5-bath Colonial at 630 Washington Lane in Rydal has hit the market with a $1,600,000 list price that blends historic charm with expansive living space. To read the full article click Realtor.com. . . Situated on a generous 2.62-acre parcel in the heart of Montgomery County, this nearly 7,000-square-foot residence dates back…
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Mount Vernon-Inspired Sellersville Estate Prepares to Hit the Market for $3.3M
A Mount Vernon-inspired estate in Sellersville, set on 35 acres and recently updated through a multimillion-dollar renovation, has been listed for $3.295 million, writes Ryan Mulligan for the Philadelphia Business Journal. Built in 1987, the 6,137-square-foot home is flanked by two stone barn-like structures, one with a full bar and loft with the other currently…
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Investor Interest Grows as 310-Unit Montco Complex Goes for Sale
A sizable Montco apartment community in Eagleville is hitting the market, writes Paul Schwedelson for The Philadelphia Business Journal. Riverview Landing at Valley Forge, a 310-unit property, has been listed for sale as a value-add opportunity. The 21-year-old complex sits just north of the Schuylkill River and minutes from King of Prussia, placing it close…
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Center City’s Largest Apartment Tower Goes Up for Sale Again After 4 Years
Center City’s largest apartment tower, on 1500 Locust Street, is back on the market four years after it was last traded, writes Paul Schwedelson for the Philadelphia Business Journal. The 605-unit, 45-story building was acquired by New York real estate firm Fairstead and Minneapolis investment company Castlelake for $233 million back in December 2021. It…
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