Bala Cynwyd
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New Residence Inn Opens in Former Bala Cynwyd Foundry
A new 124-suite Residence Inn hotel has opened its doors in the former home of Pencoyd Iron Works in Bala Cynwyd, writes Kennedy Rose for the Philadelphia Business Journal. The Residence Inn Philadelphia Bala Cynwyd, which debuted this week, has many industrial aspects of the former foundry. The hotel features a gritty façade complemented by…
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Bala Cynwyd Genomics and Artificial Intelligence Company Raises $2M in Private Stock Sale
Panorama Medicine, a Bala Cynwyd genomics and artificial intelligence company, has raised $2 million in an equity financing deal, writes John George for the Philadelphia Business Journal. The company was founded three years ago by CEO Mingfu Zhu, Yi Xing, and Douglas Black. Prior to the founding of Panorama, Zhu was an executive with two…
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Bala Cynwyd-based Hamilton Lane Expanding Offerings for Affluent Investors
Bala Cynwyd-based Hamilton Lane is expanding its offerings for wealthy investors with a new fund and a rare acquisition, writes Melissa Karsh for Bloomberg. The alternative asset manager wants to tap into a group of investors that includes business founders and other affluent clients that usually do not have as much access to private markets.…
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King of Prussia, Bala Cynwyd Mall Owners Look to Fill Vacant Retail Space with Medical Offices
It is no secret that retailers are having a difficult time enduring pandemic conditions. Many stores are seeing their profits down considerably, and a number of noteworthy names have been pushed to bankruptcy. These developments are likely why some mall owners have begun looking outside of retailers for ways to utilize vacant space within their…
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Bala Cynwyd-based Hamilton Lane Aims to Expand Capabilities in Private Wealth Management with Recent Acquisition
Bala Cynwyd-based Hamilton Lane has agreed to acquire 361 Capital to expand its capabilities in private wealth management, writes Jeff Blumenthal for the Philadelphia Business Journal. The financial terms of the deal have not been disclosed. But It is expected that the acquisition will close before the end of the first quarter. The Philadelphia region’s…
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New Book by St. Joseph’s Professor Searches for Meaning During Hardest Moments of Her Life
Maria Kefalas, a renowned St. Joseph’s University sociologist, has published a new book about the grief of raising a daughter destined to die, writes Alfred Lubrano for The Philadelphia Inquirer. Harnessing Grief: A Mother’s Quest for Meaning and Miracles lays bare all the tragedy and pain that came from dealing with her daughter, Calliope Joy,…
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Billionaire Financial Trader Shows Buyer’s Remorse Over Financial Support of Republican Politicians Who Denied Biden Won Presidency
Jeff Yass, a Bala Cynwyd billionaire financial trader and one of the biggest donors to politicians in the country, is feeling betrayed by some of the Republican politicians he supported with massive donations after they later called the presidential election stolen, writes Joseph N. DiStefano for The Philadelphia Inquirer. Over the past six years, Yass…
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Bala Cynwyd-based Hamilton Lane Raises Millions in IPO for Sponsored SPAC
Bala Cynwyd-based Hamilton Lane raised $240 million in an initial public offering for its first blank check company, Hamilton Lane Alliance Holdings I, writes Jeff Blumenthal for the Philadelphia Business Journal. The special purpose acquisition company—or SPAC—offered 24 million units at $10 each. Hamilton Lane originally planned to raise $200 million, but the Philadelphia region’s…
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Bala Cynwyd Shopping Center to Add Apartments in Place of Vacated Buildings
Federal Realty Investment Trust is planning to turn one of the recently vacated buildings at Bala Cynwyd Shopping Center into a mixed-use building with apartments and retail on the first floor, writes Richard Ilgenfritz for the Main Line Times. The existing Lord and Taylor building will be demolished to be replaced with a six-story, 230-unit…
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Bala Cynwyd Neurologist Doing Pioneer Work in Neurological Study on Religious and Spiritual Experiences
Bala Cynwyd neurologist Dr. Andrew Newberg is doing pioneering work in the neurological study of religious and spiritual experiences, writes J.F. Pirro for the Main Line Today. Born in Bala Cynwyd, Newberg grew up in Bryn Mawr. He is a graduate of Haverford College and the University of Pennsylvania. He has so far written ten…
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Bala Cynwyd Fitness Studio Helps People on Autism Spectrum Get In Shape
Full Spectrum Fitness in Bala Cynwyd serves the local autistic community and helps people on the autism spectrum get in shape and further develop their independence, writes Davis Giangiulio for the Main Line Today. The studio’s owner Pete Phillips is a physical education teacher at Overbrook School for the Blind who has been teaching special…
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Brothers Behind Bala Cynwyd’s Germ Hero Company Are True COVID-19 Heroes
Brothers Eric and Nathan Zhivalyuk, owners of Bala Cynwyd-based Germ Hero, have proven to be real-life heroes in the fight against COVID-19, writes Kelsey Fabian for PHL 17. The pair are using their disinfecting and sanitizing business to give back to the community by providing free sanitization to first responders and providing those on the…
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Milestone Therapy Group Uses Child-Centered Approach to Help Families Find Solutions
By David Bjorkgren In a time when health care services often seem impersonal, Milestone Therapy Group in Bala Cynwyd still feels like family, according to Sarah Wayland of Overbrook Farms in Philadelphia. Milestone was created in June 2019 by Ashley and Kyle White. It provides speech, occupational and physical therapy to children from birth to…
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Bala CEO’s $25 Million Contribution to Republican Candidates and Groups Makes Him One of America’s Top Political Donors
It is no secret that running for political office is a pricy endeavor, especially when it is at the national level, writes Amy Lamare for the Celebrity Net Worth. To help their selected candidates reach their goal, a number of very wealthy people donate to various political campaigns on a regular basis, and Jeffrey Yass…
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For Penn Field Hockey Coach, Bala Cynwyd’s Colleen Fink, Family is Most Important in Life
Wherever life takes her, Colleen Fink, a Bala Cynwyd native and Penn hockey field coach, always puts her personal and field hockey family first, writes Joyce Davis for The DP. Fink was interested in athletics from an early age. She and her five siblings were raised by their father, who was also the track and…
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Overwhelmed Moms Trust Milestone Therapy Group to Help Their Kids Talk
By David Bjorkgren Sarah Mayland’s 5-year-old son, Jack, has autism and trouble communicating. He needs the support of services like Milestone Therapy Group (MTG) in Bala Cynwyd. “I feel I can trust them which, as a parent, is really important,” Sarah said. Ashley White, speech therapist and owner of Milestone Therapy Group, spent an hour…
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White House Physician Sean Conley is Graduate of Bala’s Philadelphia College of Osteopathic Medicine
Sean Conley, who was appointed as President Trump’s physician two years ago, is a graduate of the Philadelphia College of Osteopathic Medicine, writes Allyson Waller and Christina Morales for The New York Times. According to the American Osteopathic Association, doctors of osteopathic medicine are fully licensed physicians. They undergo similar training to that of traditional…
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Bala Cynwyd-Based SIG to Make Fortune if Oracle, Walmart Buy TikTok
As the first U.S. backer of TikTok, Bala Cynwyd-based Susquehanna International Group stands to make a fortune if the sale of the social media app goes through, writes Joseph N. DiStefano for The Philadelphia Inquirer. However, whether the local investor will receive a massive payday depends on how Trump’s campaign to force the sale of…
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