Philadelphia Business Journal
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King of Prussia-based Morgan Properties Purchase Two Large Apartment Portfolios for $780.5M
King of Prussia-based Morgan Properties, which focuses on Class B multifamily properties, has acquired two large apartment portfolios throughout the…
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Lower Gwynedd Native, Philadelphia Finance Exec Nominated to Serve on Federal Retirement Thrift Investment Board by Biden
President Joe Biden has nominated Mike Gerber, a Lower Gwynedd native, former Pennsylvania Representative, and current executive at Philadelphia-based FS…
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King of Prussia Fitness Center Sells Its Building For $42 Million
An affiliate of Life Time Group Holdings sold its 150,000-square-foot building in Tredyffrin Township to a New York firm. Natalie…
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AJ Interviews Execs in Airplane Ascending From Airport–New Show Takes Off From Wings Field, Blue Bell
For his new show, QuotaPath CEO AJ Bruno aims to take executives out of their comfort zones and have them…
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Conshohocken-owned Office Park Bought by Florida Real Estate Company for $135M
Accesso Partners, a Florida real estate company, has purchased Westlakes office park in Berwyn from Conshohocken-based Keystone Property Group for…
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Jenkintown’s Adler Institute for Advanced Imaging Adds Superconducting Cyclotron That Detects Coronary Artery Disease
Jenkintown-based Adler Institute for Advanced Imaging has become the fifth site of its kind to add a machine known as…
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Bala Cynwyd Could Be Next Montco Town to Undergo Development Boom Like King of Prussia, Conshohocken
Bala Cynwyd is poised to undergo a major development boom over the coming years on a scale of those in…
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These Montgomery County Companies Showed the Most Growth in the Pandemic
There are 20 Philadelphia-area public companies that have seen their market capitalizations show pandemic growth since the pandemic started in…
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As Apartment Rent Rates Rise Nationwide, How Bad is it For Tenants in Montco & Surrounding Areas?
While the past 18 months have ushered in an unprecedented sellers’ housing market nationwide, apartment rent rates have also followed…
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Oaks-based SEI Investments Acquires Finomial to Accelerate Digitalization of Its Wealth Management Offerings
Oaks-based SEI Investments has acquired Boston-based fintech Finomial to accelerate the digitalization of its wealth management offerings, writes Jeff Blumenthal…
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Bala Cynwyd Primary Care for Seniors Emerges from Stealth Mode with $50M in Series A Financing
Patina Health, a Bala Cynwyd home-focused primary care provider for seniors, has emerged from stealth mode with a total of…
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Career Corner: Look For These 4 Red Flags Behind a New Job Offer
When looking for jobs you might not think much about your role in the company beyond what the job posting described. But…
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Bob Marino, New President of Huntingdon Valley Bank, Seeks to ‘Capitalize on the Upheaval’ of Banking M&A
Bob Marino, new president of Doylestown-based Huntingdon Valley Bank, is wasting no time in targeting growth. He’s now staffing up…
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Annual Philadelphia Salary of $100,000 Goes Further Here Than in Most of 50 Largest U.S. Cities
The quality of life achievable on a $100,000 annual salary varies significantly depending on the state and city of residence.…
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Prospect Medical Denies Media Reports It is Selling Delaware County Hospitals
Prospect Medical Holdings, owner of Crozer Health, is disputing a media report that its Delaware County health system is up…
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Strike Avoided as Eagleville Hospital Nurses, Technicians Approve Contracts with Staffing Improvements
Nurses and technicians at Eagleville Hospital have reached terms on a new three-year contract, averting a possible strike, writes John…
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Stock of Local Biopharmaceutical Company Takes a Dive After Disappointing Trial for Its Lead Therapy
Malvern-based Galera Therapeutics’ stock fell by more than 70 percent after the biopharmaceutical firm announced that its cancer drug candidate…
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Amazon Plans to Add Thousands of Seasonal Jobs in Montco and Philadelphia Region for the Holiday Rush
Amazon is planning to fill 3,900 seasonal jobs in Philadelphia’s collar counties, like Montgomery County, joining numerous companies that are…
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