Philadelphia Business Journal
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Nudy’s Cafe Expands in Philadelphia Suburbs, Set to Open 15th Location
Nudy’s Cafe, with 14 locations already in the Philadelphia suburbs, including Malvern and Eagleview, is continuing its expansion with a…
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Radnor Native Devan Kaney Replaces Howard Eskin as WIP Eagles Sideline Reporter
Devan Kaney, who grew up in Radnor, was a shy teen when she was chosen at age 15 as a…
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Healthcare Company Accolade, With Significant Montco Presence, to be Acquired in Cash Deal
Healthcare company Accolade, which has a significant Montgomery County presence, is being acquired by Transcarent in a cash deal worth…
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New Dallas Firm Takes Majority Stake in Bensalem’s Rita’s Italian Ice to Drive Growth
Bensalem staple Rita’s Italian Ice & Frozen Custard has received a majority investment from Maple Park Capital Partners, a newly…
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Rittenhouse Square Brownstone Sells After 15 Years on the Market
A five-story, 7,155-square-foot Rittenhouse Square brownstone that was originally placed on the market 15 years ago has finally been sold,…
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Philadelphia Now Ranks Among Zillow’s Top Five Hottest Housing Markets for 2025
Greater Philadelphia has climbed six spots from last year to rank as the nation’s fifth hottest housing market for 2025,…
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Big 2024 Endowment Gains for Colleges in Montgomery County
There were widespread 2024 endowment gains, some with hundreds of millions in investment returns, for colleges and universities in the…
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King of Prussia’s XyloCor Therapeutics Raises $67.5 Million to Advance Gene Therapy
King of Prussia-based XyloCor Therapeutics has managed to raise $67.5 million in Series B financing to advance its gene therapy…
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Fort Washington Developer Purchases 61-Acre Newtown Site for $6.98M to Build 45 Single-Family Homes
Fort Washington-based Toll Brothers has paid $6.98 million for a 61-acre Newtown site where it plans to build 45 single-family…
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Concert Golf Partners Buys Penn Oaks Golf Club in West Chester
Concert Golf Partners, a national owner-operator of upscale private golf and country clubs, recently added Penn Oaks Golf Club in…
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King of Prussia’s Westover Buys New York Real Estate Portfolio for $94.5M
King of Prussia-based Westover recently purchased a multifamily real estate portfolio in New York for $94.5 million from Black Spruce…
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Philadelphia-Area Hotel Sales in 2024 Totaled Over $100M, More Than Half in the City
Philadelphia-area hotel sales generated more than $100 million across the region in 2024, with most of the revenue occurring in…
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Frontier Airlines Cuts 5 Philadelphia Airport Routes for 2025
The low-cost carrier Frontier Airlines, the second largest airline at Philadelphia International Airport, has cut four routes from the airport,…
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Main Line Health’s Fiscal Performance Improved According to S&P Global Ratings
S&P Global Ratings improved its rating of Main Line Health from ‘negative’ to ‘stable,’ writes John George for the Philadelphia…
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Van Leeuwen Ice Cream’s Major Greater Philadelphia Expansion Kicks Off with Ardmore Location in March
Van Leeuwen Ice Cream is planning to at least triple its Greater Philadelphia presence in the coming years, starting with…
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Philadelphia-Based Brandywine Realty Trust Sells 23-Story Building in Arlington for $190.5M
Philadelphia-based Brandywine Realty Trust recently sold a mixed-use building in Arlington, Virginia, for $190.5 million as part of its continuous…
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Conshohocken Real Estate Firm CenterSquare Has Big Plans for 2025
Conshohocken real estate firm CenterSquare Investment Management plans to expand its retail portfolio, writes Paul Schwedelson for the Philadelphia Business…
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Yardley-Based Optinose Implements Reverse Stock Split to Boost Share Price, Avoid NASDAQ Delisting
Yardley-based Optinose will enact a 1-for-15 reverse stock split to boost its share price and fend off a potential NASDAQ…
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