Real Estate
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First Bank House of the Week: Attractive Tudor Colonial in Wallingford
An attractive Tudor-style colonial home at 108 Stratford Lane on 0.86 lovely acres with four bedrooms and three full and two half bathrooms is available for sale in Wallingford. This beautifully renovated residence perfectly harmonizes timeless charm with modern comforts. Among many special details are original iron spindles, refinished hardwood flooring, and a butler’s pantry…
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Newtown Square Home Moves Out of the 1970s but Keeps Its Charm
Sam and Amanda Kirk found the perfect midcentury modern ranch house in Newtown Square to move to from Jersey City in 2019. “We wanted to be closer to family and take advantage of these wonderful schools,” said Sam, owner of the Jersey City cafe Sam a.m. “We have always been drawn to modern, clean spaces.”…
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First Bank House of the Week: Exquisite Federal in Wayne
An exquisite federal home at 339 Louella Avenue in Wayne, located on 0.74 lovely acres with six bedrooms and four and a half bathrooms is available for sale. This elegant residence combines timeless charm with modern conveniences, offering an ideal blend of sophistication and comfort. Attractive details include crown molding, and architectural features that enhance…
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Radnor Court Office Building in Wayne Sells for $36M
The three-story Radnor Court office building at 259 N. Radnor Chester Road in Wayne has sold for just over $36 million, writes, Paul Schwedelson for Philadelphia Business Journal. The 127,000 square-foot building, owned by New York-based investment bank Goldman Sachs sold it to Florida-based mortgage lender Freedom Mortgage. The sales price equals about $285 per…
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Homes in Philadelphia Region Were Slightly More Affordable Last Year, But Still Too Pricey for Many
Buying a home in the Philadelphia region last year was slightly more affordable than in 2023, but prices were still too high for many potential buyers, writes Michaelle Bond for The Philadelphia Inquirer. While home prices were lower in the region than across the country as a whole, 2024 was still the second-least affordable year…
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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 Management, writes Paul Schwedelson for the Philadelphia Business Journal. The 98,000-square-foot, 147-unit portfolio consists of 13 properties in Manhattan’s Chelsea neighborhood, between West 19th and West 29th streets. The properties average five stories. The acquisition…
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Luxury West Chester Estate For Sale at $10.8 Million One of the Most Remarkable in Area
A contemporary West Chester mansion is one of the most remarkable properties currently for sale in the area, writes Sandy Smith for Philadelphia Magazine. The estate, located at 1256 S. Creek Road in West Chester, was built in 2007 and contains nearly 24,000 square feet of indoor space. In addition to its five bedrooms and…
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This Historic South Philadelphia Church Will Be Repurposed Into Apartments, Event Space
The Historical Commission recently approved a plan to preserve and redevelop the historic True Gospel Tabernacle Family Church in South Philadelphia, writes Jake Blumgart for The Philadelphia Inquirer. Atlis Real Estate Partners has proposed 33 residential units with a rentable event space in the sanctuary of the former church. This proposal would preserve the complex,…
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First Bank House of the Week: Elegant French Provincial in Glen Mills
An elegant French provincial home on two lovely acres at 25 Sweetbriar Lane with four bedrooms and three full and two half bathrooms is available for sale in Glen Mills. This sophisticated residence is a true masterpiece perfectly nestled within the acclaimed Woods at Sweetwater community. Many stunning details include marble floors, soaring two-story ceilings,…
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Toll Brothers Breaks Record with Biggest Year in Company History
Fort Washington-based Toll Brothers capped off its 2024 fiscal year with $10.6 billion in home sales revenue, marking the best year in its history, writes Paul Schwedelson for the Philadelphia Business Journal. The luxury homebuilder ended the year with a robust fourth quarter, seeing gains across nearly all key metrics compared to 2023. CEO Douglas…
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First Bank House of the Week: A Contemporary in Glen Mills
A gorgeous contemporary home at 5 Honeysuckle Court on 2.09 attractive acres with five bedrooms and four and a half bathrooms is available for sale in Glen Mills. This stunning residence offers modern farmhouse-style luxury with detail thoughtfully curated using the finest materials and craftsmanship. Remarkable details include custom moldings, radiant marble flooring, and state-of-the-art…
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Cape Cod in New Britain ‘Takes You Back to Another Time’
A lovely four-bedroom, two-and-a-half bathroom stone-front Cape Cod home in New Britain Borough has recently hit the market for $650,000, writes Paul Jablow for The Philadelphia Inquirer. Mike Ward, who bought the house with his wife, Erin, two years ago, said the 1959 structure “takes you back to another time.” Surrounded by a dense tree…
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PREIT’s New CEO Considered Redeveloping Exton Square Mall Before Deciding to Sell
PREIT considered redeveloping Exton Square Mall before ultimately deciding to sell the property to generate funds for paying down debt, writes Paul Schwedelson for the Philadelphia Business Journal. In April, Glenn Rufrano, the new executive chairman of PREIT’s board, said that selling the mall would be “a question of value.” PREIT carefully evaluated the estimated…
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New Luxury Apartments Have Opened at 333 N. Broad St. in Doylestown
New luxury apartments, 333 N Broad St. (named after its address), have opened in Doylestown and are available to lease, the culmination of a 30-year vision to transform the area, writes Lacey Latch for the Bucks County Courier Times There are currently 136 apartments to rent in the main building of the $77 million complex.…
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Toll Brothers Buys 42 Acres in Perkiomenville to Build 43 Homes
Fort Washington-based Toll Brothers purchased a 42-acre site in Perkiomenville for $8.2 million to build 43 single-family homes, writes Paul Schwedelson for the Philadelphia Business Journal. The luxury home developer expects to start selling the homes next fall. Toll Brothers acquired the land from Provident Trust Group, a retirement investment fund. The parcel is located…
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First Bank House of the Week: Custom Colonial in Media for Sale
A beautiful colonial home on 0.35 lovely acres with four bedrooms and three full and two half bathrooms is available for sale in Media. This amazing residence boasts a custom-built design with an open floor plan and soaring vaulting ceilings. Highlights include a grand foyer with two-story ceiling, front sitting room, gourmet kitchen with large…
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Children’s Author Selling Her Massive Bucks County Estate for $14.5 Million
A wealthy couple in the Bucks County area is selling a major estate in the area for a hefty price, and it is one of the best homes in the region. Sarah Paynter wrote about the estate for The Wall Street Journal. Children’s book author Cheryl Olsten, along with her husband, financial adviser Steven Grabowski,…
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See Where Delaware County Ranks in Pennsylvania for Oldest Homes
There’s a certain charm about owning and living in a pre-World War II home, with its high ceilings, crown molding, hardwood floors and ornate details, but that ownership comes with a cost. Older homes often have asbestos, lead piping, knob-and-tube wiring and outdated building styles. The ravages of time can ruin even the best mansion,…
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