Horsham
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Happy Hour with the Historian – The Quaker Response to the Civil War at Graeme Park in Horsham
Four generations of the Penrose family lived at Graeme Park from 1801 – 1920. As Quakers they were morally opposed to slavery and to war. How did they and other local Quakers react when the Civil War broke out? On one hand it was a morally justifiable cause, on the other it was a war…
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Barron’s magazine gives props to Horsham-based Toll Bros.
Horsham, Pa.-based Toll Bros.’ shares look cheap as concerns about higher mortgage interest rates and high labor and lumber costs may be overblown, according to Barron’s magazine. “Toll has a high-quality land base and a good management team that has the ability to deploy capital through buybacks and other actions to improve returns,” RBC’s Michael Dahl,…
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New owners of Horsham-based Strata Skin Sciences bring back old strategy
The new majority owner of a Montgomery County medical device company is banking on an old strategy to turn around the stagnant business. The company, Strata Skin Sciences of Horsham, manufactures and markets the Xtrac laser system approved to treat patients with four types of skin disorders— psoriasis, vitiligo, eczema and leukoderma — using highly…
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Workspace Property Trust of Horsham secures $1.3 billion loan
Workspace Property Trust, based in Horhsam, closed this week on a $1.275 billion loan from JPMorgan Chase Bank. In a news release, the company said it plans to use the funds to repay existing shorter-term debt, redeem preferred equity interests and for general corporate purposes, writes Alison Burdo in the Philadelphia Business Journal. [uam_ad id=”54865″]…
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Office Evolution opens 1st Pa. location in Horsham
Office Evolution, a co-working space franchise that provides executive suites, flexible office spaces and virtual offices to independent professionals and small business owners nationwide, is gearing up to open its first Pennsylvania location at 300 Welsh Road, Building 1 Suite 100 in Horsham on Monday, June 11, according to a press release. [uam_ad id=”54865″] Before…
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Comcast tests tower concepts at Horsham office complex
Communications giant Comcast is testing layout concepts for its new Philadelphia offices at a former suburban office complex in Horsham. Called the “mock-up,” the high-ceilinged suburban office, which has panoramic photos of Philadelphia glued onto the walls, was created in an effort to find the layout that will fuel the most creativity and collaboration in Comcast’s new,…
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Find modern Mexican experiences in Horsham
By Rachel Riley For the owners of the Feliz Mexican restaurants, it’s not just about the food. It’s about the experience. And, for almost two years now, Taqueria Feliz in Horsham has been blending a vibrant setting with an approachable and authentic menu for a unique and modern dining scene. [uam_ad id=”54865″] From the minds…
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NMS of Willow Grove gets ball rolling on new Horsham headquarters
Demand for NMS Labs’ forensic toxicology services is surging, thanks in large part to the growing need by law enforcement to identify and detect the latest synthetic opioid products hitting the streets. The Montgomery County company is so busy, it is getting ready to move into larger space that will double its size at a…
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Toll Bros. needs one more approval for Jewelers Row condominium project
Montco’s largest home builder is battling to build a condominium building in Philly, and a contentious exchange with the city’s design review board doesn’t seem to be slowing the process. A ruling from a common pleas court judge seems to be the final hurdle. Efforts by the city’s design review board to goad Toll Bros.…
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College students ready Habitat ReStore in Horsham for grand opening
Ten students from Assumption College in Worcester, Massachusetts are foregoing the typical college spring break sun and sand vacation for a service learning trip to Horsham, PA. They are here to help Habitat MontDelco ready its new Horsham ReStore for a grand opening on March 17. This is the eleventh year of a partnership between…
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BB&T expands educational opportunities for Montco students
BB&T may be headquartered in North Carolina, but its philanthropy knows no bounds. The bank, which has 17 branches in Montgomery County, has a strong commitment to assist students working hard in the classroom to achieve their goals. And the evidence can be found in the more than $300,000 it donated in 2017 to a…
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Horsham-based Workspace Property withdraws IPO
After twice postponing an initial public offering in November, Horsham-based Workspace Property has shelved its plans for an IPO offering. The real estate company sent a letter to the Securities and Exchange Commission on Feb. 5 informing it of its decision. The company filed last October to have its shares listed on the New York Stock…
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Horsham-based Toll Brothers will get Jewelers’ Row tower to shine
Scaling down a proposed condominium tower from 29 stories to 24 and shaving down to 85 unites from 109, Horsham-based Toll Brothers will also add a glass facade running the length of the building, complying with permits and Philadelphia ordinances. The 24-story building will now stand 308 feet, down from 338 feet, and have 85…
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Horsham-based Toll Bros. conquering the west
Toll Brothers is heeding the words of author and newspaper editor Horace Greeley by heading west — that is, west of the Mississippi River. Toll Brothers has been known mainly as a Northeast and Mid-Atlantic home builder based out of Horsham. But the company founded by Bruce and Bob Toll today is moving ever westward,…
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Egalet and Montco-based OraPharma teaming up to promote pain relief
Egalet Corp. is teaming up with a Montgomery County specialty pharmaceutical company that focuses on oral health in a product co-promotion deal. Under a two-year agreement, Egalet and OraPharma Inc. will co-promote Egalet’s Sprix pain relief medicine delivered as a nasal spray to dentists, dental specialists and oral surgeons across the country. Sprix nasal spray is a nonsteroidal…
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Horsham-based Toll Bros. development application denied
After more than a year of debate, Westtown Township supervisors voted Thursday night to deny Toll Bros. its application to build a 317-unit housing development on Crebilly Farm, a 322-acre Chester County parcel that many have argued has ties to the Revolutionary War. The decision, which the township’s three supervisors unanimously supported, was made in…
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Toll Bros. reports boost in sales and profits
Toll Bros., the Horsham-based luxury-home builder which has increasingly expanded operations on the west coast, on Tuesday posted higher sales and profits for fiscal 2017 and its fiscal fourth quarter (the three months ended Oct. 31) compared to last year, writes Joseph N. DiStefano on philly.com [uam_ad id=”54865″] Shares in Toll were down more than…
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Workspace Property Trust postpones IPO, cites market conditions
Office landlord Workspace Property Trust has postponed its plan to publicly list shares on the New York Stock Exchange, citing “current market conditions,” and suggesting possible scant investor interest in the company’s portfolio of suburban real estate, writes Jacob Adelman for philly.com. [uam_ad id=”54865″] “We are delaying the [initial public offering] but will reevaluate options…
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