Real Estate
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First Bank House of the Week: Striking Colonial in Havertown
A striking colonial home at 727 E. Manoa Road, set on a lovely 8,721-square-foot lot with four bedrooms and three and a half bathrooms, is available for sale in Havertown. This versatile residence delivers a surprising blend of classic character, thoughtful expansion, and resort-style outdoor living. The refined details include oak hardwood flooring, arched built-ins,…
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Bucks County’s Five Most Expensive 2025 Home Sales All Clear $4M
Each of the five highest home sale prices in Bucks County this year reached more than $4 million, led by a top transaction above $5 million, writes JD Mullane for the Bucks County Courier Times. Although this reflects a cooldown from last year’s peak luxury market, when the highest sale reached $14.5 million, the properties…
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New Garden’s $300 Million Mixed-Use Project Could Ease Chester County Housing Crunch
Baltimore-based Stonewall Capital recently acquired a 187-acre property in New Garden Township with plans for a $300 million mixed-use development, writes Ryan Mulligan for the Philadelphia Business Journal. Local officials said the project, with 622 residential units, offers a chance to provide much-needed housing in the area. The White Clay Point project will also feature 115,000 square feet of commercial space, a…
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Yolanda Hadid Withdraws Her “Sanctuary” Farm in New Hope from Market
Three months after listing her “sanctuary” for sale, Yolanda Hadid decided to withdraw the $10.88 million New Hope farm from the market, writes Kelsi Karruli for Realtor.com. In September, the former Real Housewives of Beverly Hills star said that she was prepared to move on from her New Hope home, where she had lived for…
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These Delaware County Towns Have Some of Pennsylvania’s Most Expensive Homes
Stacker has compiled a list of 30 towns with the most high value homes in Pennsylvania using data from Zillow. Some towns feature higher home prices tags than other. Location, home size, age, and condition of the property all contribute to a home’s value. Here in Delaware County, three communities stood out for homes with…
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Dock Mennonite Makes $1.5M Land Play in Montgomery County
A longtime Montco private school is expanding its footprint with a notable land purchase in Hatfield, writes Ryan Mulligan for The Philadelphia Business Journal. Dock Mennonite Academy has acquired a neighboring 4.5-acre farm property at 1850 Tomlinson Road in Hatfield for $1.53 million, giving the school additional room to grow while preserving open space next…
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Former Exton Office Building Converted into 32-Unit Apartment Building
A vacant office building in Exton has been redeveloped into a suburban rarity, an apartment building with 24 studio units and eight single-bedroom apartments, writes Joseph N. DiStefano for The Philadelphia Inquirer. Ownership of the building rests with a group led by local real estate lawyer David McFadden, broker John McGee, and investment partner Chiu Bai. The group hopes…
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Temple University Pays $8 Million for Former McDonald’s Site Adjacent to Its Sports Complex
Temple University has purchased the former McDonald’s site at Broad Street and Girard Avenue, next to Temple University Sports Complex, for $8 million, writes Ryan Mulligan for the Philadelphia Business Journal. The fast food restaurant that once occupied the lot was demolished in 2023. This acquisition continues a series of deals the university has pursued…
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First Bank House of the Week: Gorgeous Colonial in Media
A gorgeous colonial home at 584 S. Heilbron Drive, set on 1.57 attractive acres with six bedrooms and five and a half bathrooms, is available for sale in Media. This stunning residence offers an elegant combination of size, style, and thoughtful design, conveniently located in a highly sought-after school district. Refined details include hardwood floors,…
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Bridges at Warwick Sells to REIT Specializing in Senior Housing for $50.2M
The Bridges at Warwick has been sold to National Health Investors, a real estate investment trust specializing in senior housing, for $50.2 million, writes Paul Schwedelson for the Philadelphia Business Journal. The 107-unit assisted living and memory care community, located at 1600 Almshouse Road in Jamison, was previously owned by an affiliate of Orlando, Florida-based…
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Toll Brothers Sells Second Atlanta Apartment as Multifamily Exit Continues
Toll Brothers has sold another Atlanta-area apartment community, continuing its exit from the sector, writes Tyler Wilkins for The Philadelphia Business Journal. An affiliate of PGIM Real Estate acquired the 290-unit Notion Decatur property for $76 million in mid-December, according to county records. The apartment complex sits just outside downtown Decatur near MARTA’s Avondale station.…
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First Bank House of the Week: Elegant Colonial in Chadds Ford
An elegant colonial home at 101 Bellefair Lane on 2.31 attractive acres with five bedrooms and four and a half bathrooms is available for sale in Chadds Ford. This exquisite residence exudes timeless sophistication and modern comfort. Refined details include crown molding and rich hardwood floors that flow seamlessly throughout. Among the highlights are a…
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Joseph Ambler Inn in North Wales Sells to Local Real Estate Investor
After four decades with its original owner, the 52-room Joseph Ambler Inn has now been sold to Milind Satam, Jeetu Satpute and other real estate investors for $5.725 million, plus additional costs, writes Emma Dooling for the Philadelphia Business Journal. The new owner said the property will continue operating as a hotel. As an independent…
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Ohio Investment Firm Buys Quarry Center in Havertown for $80M
The Quarry Center at 116 Township Line Road in Havertown has been sold for more than $80 million to Ohio-based Mid-America Management, writes Paul Schwedelson for Philadelphia Business Journal. The price paid is one of the highest in the Philadelphia region in recent years for a grocery-anchored shopping center. The 31-acre, 222,500-square-foot shopping center, anchored…
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Phoenixville Shopping Center Shadow-Anchored by Acme Supermarket Sells for $7.4 Million
A 33,000-square-foot shopping center near downtown Phoenixville that is fully occupied and shadow-anchored by Acme, sold in November for nearly $7.4 million, writes Erin McCarthy for The Philadelphia Inquirer. The complex changed hands from a Malvern-based private investor to one based in Glen Mills, with both entities structured as limited liability companies in the deal. The corporately owned Acme…
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Major Lansdale Apartment Complex Sells for $92M
Lansdale’s Pennbrook Station apartment complex has changed hands in one of the most expensive multifamily deals in the Philadelphia region this year, writes Ryan Mulligan for The Philadelphia Business Journal. An affiliate of TIAA and its real estate arm Nuveen acquired the 346-unit complex for $92.2 million. The 22-acre property, located at 100 Reading Circle,…
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Iron Hill Landlord in West Chester Seeks New Tenants After Abrupt Closure
Owners behind West Chester’s former Iron Hill Brewery are actively searching for new tenants, writes Erin McCarthy for The Philadelphia Inquirer. The restaurant chain announced its abrupt closure following its bankruptcy filing this fall. Massachusetts real estate investor John Barry, who has owned the property since 2022, recently purchased the space’s assets, including the building…
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Philadelphia Region Luxury Homes Rank Among Top Ten Fastest-Selling Markets
In November 2025, luxury homes in the Philadelphia region sold faster than those in most other parts of the country, according to a new analysis by Realtor.com, writes Michaelle Bond for The Philadelphia Inquirer. With luxury homes spending an average of 64 days on the market, roughly a week less than at the same time…
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