Loading…
Suburban Philly County Housing Plan: 2,000 Units Annually
Leaders in Montgomery County, the third-largest county in Pennsylvania, are looking to ramp up housing development.
Capital MarketsPhiladelphiaPennsylvania
Updated 18 days ago
Read What happened, and who moved.
89 items
showing 61–89 of 89
Leaders in Montgomery County, the third-largest county in Pennsylvania, are looking to ramp up housing development.
File this under potential “Abbott Elementary” plot devices. The Philadelphia Housing Authority and nonprofit HELP Development Corp. are teaming up on the redevelopment of a vacant schoolhouse in Philadelphia’s Strawberry Mansion neighborhood, WHYY reported. The goal is to create affordable housing for seniors. The…
National affordable housing nonprofit Reinvestment Fund is undergoing a leadership shake-up, with two executives departing to pursue independent consulting ventures. Ira Goldstein spent 27 years with the Philadelphia-based nonprofit, most of them...
Bought a 530-acre parcel earlier this week
The Lehigh Valley’s deep-seated manufacturing legacy has left it with ample access to power, but that doesn’t necessarily mean it is a good fit for the booming data center industry.
Boyd Wilson LLC has acquired The Landings, a 384-unit apartment community in Bethlehem, Pennsylvania, for $97 million. The transaction was supported by a $67.9 million Northmarq-Freddie Mac senior loan and $13.5 million in preferred equity from Northmarq Fund Management. The acquisition was executed alongside…
A joint venture between Centerbridge Partners and Henderson Group has landed a $208.5 million debt package to recapitalize 40 industrial assets in Pennsylvania and South Florida, Commercial Observer has learned. J.P. Morgan Chase supplied the five-year, floating-rate loan on the sponsorship’s logistics portfolio…
A 50+ megawatt data center facility has become available for lease or acquisition in Lehigh Valley, Pennsylvania.
CBRE has arranged the sale of Shops at Crossroads, a 133,717-square-foot grocery-anchored shopping center located at 3560 Route 611 in Bartonsville, Pennsylvania. Chris Munley, Colin Behr, Ryan Sciullo, and Casey Smith of CBRE’s National Retail Partners team represented the buyer and the seller in the transaction.…
PHILADELPHIA – (Realty News Report) – Alterra IOS, a real estate investment firm with a growing Texas portfolio, has closed a $400 million refinancing led by Truist Financial Corp. and KeyBank. The financing, the latest in a string of funding transactions, is secured by a national portfolio of 99 industrial... The…
Report on office building owners realizing returns on capital invested in property upgrades and renovations.
A former PepsiCo corporate facility in Dallas has undergone a $20 million capital improvement program and is being marketed to attract a new tenant occupant.
Rubenstein Partners has completed a renovation project at an office building located at 5600 Headquarters Drive in Plano, Texas.
Rubenstein Partners executed new lease commitments totaling 131,000 square feet at its Chesterbrook campus property.
Arcfield signed a new lease at Chesterbrook Office Campus in suburban Philadelphia, a property managed by Rubenstein Partners.
WHITEHALL, PA. — JLL has negotiated the sale of Whitehall Plaza, a 365,071-square-foot shopping center located in the Lehigh Valley. Tenants at the open-air center include Floor & Décor, Wawa, The Gravity Vault, Community Bank, Saladworks, Philly Pretzel Factory, Pizza Hut, Health Network Labs, Five Guys and FedEx.…
A Philadelphia office building at 1818 Market Street has received another significant downward appraisal adjustment.
A proposed sale of a Philadelphia office property at 1500 Market Street has failed to close.
State College, Pa. — A public-private partnership between Greystar, JLC Infrastructure and Pennsylvania State University has broken ground on a 1,505-bed residence hall project on the institution’s campus in State College.… The post Public-Private Partnership Breaks Ground on 1,505-Bed Development at Pennsylvania…
The growing shipbuilding industry in Philadelphia's Navy Yard is getting a boost from the world's largest bank.
PPR Capital Management just began investing in the build-to-rent housing sector last year, and now it is looking to pounce on a market it sees as benefiting from the new federal housing law. The Wayne, Pennsylvania-based firm this week is launching...
S3 Capital provided a $24 million construction loan to Ampere Capital Group for a six-story, 109-unit mixed-use multifamily project with 14,500 square feet of retail space at 1640 North Hancock Street in Philadelphia's Fishtown neighborhood. The 122,804-square-foot development, designed by HDO Architecture and comprising studios, one- and two-bedroom apartments, is slated for completion in late 2027.
PAOLI, Pa. — Berkadia has brokered the sale of Daylesford Crossing, a 78-unit assisted living and memory care community located 25 miles west of Philadelphia in the suburb of Paoli. Dave… The post Berkadia Brokers Sale of 78-Unit Assisted Living, Memory Care Community in Metro Philadelphia appeared first on Seniors…
Pennsylvania families sold 1,700 acres for $586 million to Blackstone's QTS for data centers, creating a new class of rural multimillionaires. The post Rural Landowners Cash Out as AI Data Center Demand Surges appeared first on Propmodo .
More than six years after the pandemic cratered demand for greater Philadelphia office space, the region’s construction pipeline has officially hit zero. The delivery of Chubb’s long-awaited 438K SF build-to-suit space at 2000 Arch St. last quarter...
CHICAGO and PHILADELPHIA — A joint venture between Bain Capital and Capitol Senior Housing has sold a 344-unit senior living portfolio located in the Chicago and Philadelphia metros. The portfolio comprises… The post Joint Venture Sells 344-Unit Portfolio in Metro Chicago, Philadelphia appeared first on Seniors…
PITTSBURGH — PNC Bank has closed the Low-Income Housing Tax Credit (LIHTC) Fund 104, a $251.4 million fund focused on the development and preservation of affordable rental housing across the United… The post PNC Bank Closes $251.4M Fund to Support 16 Affordable Housing Projects appeared first on Multifamily &…
WEST CHESTER, Pa. — Charter Senior Living and Paradise Management have broken ground on a new senior living development in West Chester. Upon completion, the community, Charter Senior Living of West… The post Charter Breaks Ground on 162-Unit Development in West Chester, Pennsylvania appeared first on Seniors…
The key reports this week are December CPI, Existing Home Sales and November Retail Sales. Also, New Home Sales for September and October will be released. For manufacturing, the December Industrial Production report and the January New York and Philly Fed manufacturing surveys will be released. …