Real Estate
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Lower Makefield Approves 47-Home Development on Wright Farm
A 47-home development on the former Wright Farm has received the official go-ahead from Lower Makefield Township officials following more than 18 months of discussion and planning, writes Lacey Latch for the Bucks County Courier Times. DeLuca Homes, a local homebuilder, purchased the 49-acre parcel last year. Construction is projected to last between two and…
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See Which Delaware County ZIP Code Had the Hottest Home Sales
The Folcroft ZIP Code (19032) was among the top five hottest housing markets in the fourth quarter of 2024 for the Greater Philadelphia Area, writes Ryan Mulligan for Philadelphia Business Journal. Folcroft homebuyers paid 37 percent above list price in the fourth quarter, with an average sale price of $288,575, compared to a $231,688 average…
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Wayne Estate Where President Kennedy Spoke on Market for $5M
President John F. Kennedy gave a campaign speech in 1960 from the balcony of a Wayne home now on the market for $5 million, writes Ryan Mulligan for Philadelphia Business Journal. The home, known as Fairhill, was designed by architect Wilson Eyre, who also designed the fountain in Logan Square and the Penn Museum. The…
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Philadelphia Housing Authority CEO Has $6.3 Billion Plan to Address Philly Public Housing
The Philadelphia Housing Authority and its CEO Kelvin Jeremiah are on the verge of embarking on a $6.3 billion strategy to help address Philadelphia’s public housing challenges, writes Jake Blumgart for The Philadelphia Inquirer. The goal is to overhaul all 13,000 of its existing properties, building 3,000 new units, and buy 4,000 additional units in…
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First Bank House of the Week: Contemporary Cape Cod in Chadds Ford
A stunning contemporary Cape Cod home at 3 Hickory Lane on 3.31 beautiful acres with five bedrooms and four and a half bathrooms is available for sale in Chadds Ford. This serene residence blends sophisticated design with peaceful privacy. Impeccably updated and thoughtfully maintained, its sun-filled layout is enhanced by beautiful natural views and expertly…
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Beagle Hill Farm in Malvern Up For Grabs After Extensive Transformation
Beagle Hill Farm, a stunning estate featuring a beautiful 1821 traditional farmhouse with a rich legacy, has recently hit the market in Malvern, writes Mathew Abraham for MSN. Set on 14.8 acres, this home blends classic architectural charm with modern luxury. Elegant details like white oak hardwood floors, arched doorways, and a curved oak staircase…
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Ivyland Home Among Most Expensive Currently on Market in Pennsylvania
Priced at $5,995,000, Ivy Manor in Ivyland ranks among the most expensive homes that are currently on the market in Pennsylvania, writes Jon Dykstra for MSN. The 7-bedroom, 11-bathroom residence is situated on more than five perfectly manicured acres. Recently renovated by Zaveta Custom Homes, it features two one-bedroom apartments, a two-story in-law suite, and…
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Prime Commercial Property Hits Market in West Chester
Whether you’re a growing enterprise, a medical professional, or an investor looking for a solid asset in a thriving market, opportunity is knocking in West Chester at 839 Lincoln Avenue, Unit 3. Listed by Swope Lees Commercial Real Estate and located in the Lincoln Industrial Park, near Chester County Hospital, the property offers a versatile…
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New Owner Sells Fairless Hills Wawa Site for $6.5M, Eyes Future of Former Big Lots Space
Four months after purchasing the Fairless Hills Shopping Center, discount retail chain Ocean State Job Lot has sold the property’s Wawa site for $6.5 million, writes Paul Schwedelson for the Philadelphia Business Journal. The Rhode Island-based retailer sold the parcel at 530 Lincoln Highway in Fairless Hills in an off-market deal to a private buyer.…
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Fort Washington’s Toll Brothers Highlights Strength of High-End Housing Market
While many buyers are struggling to break into the housing market, luxury homebuilder Toll Brothers has a different angle, writes Vishaal Sanjay for Benzinga. During its second-quarter earnings call, CEO Douglas Yearley Jr. shared insights into the Fort Washington’s company’s customer base, which leans heavily on wealthier and older buyers. “Over 70% of our business…
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Owners Create Forever Ranch Home in Media, Then Life Took a Turn
They put their hearts and craftsmanship into their forever home, a customized contemporary in Media, but now work is taking them in a different direction and this ranch is up for sale, writes Sandy Smith for Philadelphia Magazine. The stylish “cabin in the woods” is actually in a wooded subdivision on Oak Valley Road in…
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First Bank House of the Week: Victorian in Wayne for Sale
A gorgeous Victorian home at 505 Montgomery Lane on a lovely 0.95 acres, with six bedrooms and five-and-a-half bathrooms, is available for sale in Wayne. This distinguished residence blends historic charm with thoughtful updates, reflecting the craftsmanship of celebrated architect Frank Furness, who designed the home in 1878. Refined details include intricate moldings, original stair…
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TF Cornerstone Holds $120M Advantage As Historic Wanamaker Building Faces Foreclosure Auction on June 3
The historic Wanamaker building in Center City is set to face a foreclosure auction on June 3, with TF Cornerstone coming into the bidding process with a $120 million advantage, writes Paul Schwedelson for the Philadelphia Business Journal. The New York developer holds the majority of the building’s debt, which has been at risk of…
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First Bank House of the Week: French Country Home in Newtown Square
A charming French country home at 15 Llangollen Lane with four bedrooms and three and a half bathrooms is available for sale in Newtown Square. This attractive residence, nestled on two beautifully landscaped acres, offers peaceful views of Springton Lake. Thoughtful details include gorgeous hardwood floors and exquisite architectural features that add both warmth and…
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QVC’s West Chester Studios to Welcome 11 HSN Hosts with 10 Departing
HSN has announced that eleven of its on-air hosts will relocate with the home shopping network to sister station QVC’s West Chester studios, while ten will depart, writes Jeff Blumenthal for the Philadelphia Business Journal. HSN posted on Facebook that Sarah Anderson, Debbie Denmon, Adam Freeman, Nicole Hickl, Tamara Hooks, Tina Jennings, Emily Lampa, Ty…
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Ellis Preserve Developer in Newtown Square Looking at Industrial Sites
An affiliate of Equus Capital Partners in Newtown Square is working to raise $500 million for an industrial property fund, writes Paul Schwedelson for the Philadelphia Business Journal. Equus Industrial Partnership L.P., formed in 2024, has raised $136 million toward the fund so far, according to a filing with the U.S. Securities and Exchange Commission.…
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Local Brewing Company Eyes West Chester for Possible Expansion
Local brewery Tired Hands Brewing Co. has its sights set on West Chester for a new brick-and-mortar location, writes Emma Dooling for the Philadelphia Business Journal. The brewery is currently undergoing a rebrand that includes introducing several new locations, expanding its food and drink menu, renovating interiors, and formally changing the name of the Ardmore…
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Bryn Mawr Mansion is a $2.8M Castle in the Main Line
A stunning Bryn Mawr mansion blends Tudor elegance with brick grandeur, writes Lisa Dukart for the Philadelphia Inquirer. Listed at $2.795 million, the 6,164-square-foot residence at 1100 Green Valley Rd. offers a private, estate-like setting on nearly two acres in Lower Merion Township. From the moment you pass through the gated driveway, the home makes…
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