Residential Real Estate & Development
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Residential Development Proposed at Newtown Square Coporate Campus
A residential project of 50 townhomes and 192 apartments has been proposed for the Newtown Square Corporate Campus, writes Ryan Mulligan for Philadelphia Business Journal. The Media-based Henderson Group wants to replace three office buildings to create 242 age-restricted residential units. The office park, south of West Chester Pike, is currently 60 percent occupied, a…
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First Bank House of the week: Havertown Craftsman Home for Sale
This Craftsman home at 521 Strathmore Road in Havertown is available for sale. The house, built in 1923, is 2,337 square feet and is in the Brookline neighborhood, writes Paul Jablow for The Philadelphia Inquirer. “It had a good vibe,” said Scott Carpel, describing the Havertown neighborhood where he ended up living for 22 years.…
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Bala Cynwyd’s City Avenue Transformation Continues with The Blayr
The Blayr, a 217-unit apartment building at the former Lord & Taylor location, has officially opened, bringing new residents and retail space to Bala Cynwyd, according to Denali Sagner for The Philadelphia Inquirer. The Federal Realty project adds not only housing but nearly 19,000 square feet of ground-floor retail. Amenities include a pool, golf simulator,…
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Historic Farmhouse Featured in ‘Marley & Me’ Hits the Market in West Chester
A unique piece of Chester County film history is available for sale as a stunning West Chester farmhouse hits the market, writes Ariana Perez-Castells for The Philadelphia Inquirer. The interior and exterior of the farmhouse, located at 1775 Meetinghouse Road, appeared in the 2008 film Marley & Me. The beloved movie stars Owen Wilson and…
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First Bank House of the Week: Duke Model Colonial for Sale in Newtown Square
This expanded Duke model Colonial home at 3804 Baldwin Lane in the Liseter community, with four bedrooms, is available for sale in Newtown Square. The home features an expanded family room, a breakfast room with a skylight, an enhanced kitchen, a three-car garage with an EV charger, and a fully finished walkout lower level with…
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Folks Are Lining Up These Days to Buy Homes Along the Main Line
There are bidding wars for Main Line homes currently selling well above their asking price, writes Ryan Mulligan for the Philadelphia Business Journal. The prestige of living on the Main Line is causing a gold rush mentality for people hoping to buy property there. Realtor Karen Strid listed a Radnor home on Tuesday as a…
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Parkesburg Site Approved for 323 Townhomes Sells to D.R. Horton Affiliate for $11.6M
A 43-acre Parkesburg site approved for 323 townhomes has been acquired by Forestar Group, a D.R. Horton subsidiary, for $11.6 million, writes Ryan Mulligan for the Philadelphia Business Journal. Parke Mansion Estates was originally envisioned in 2005, to be a commercial development to replace the quarry. However, in 2009, a revised version without the commercial component received approval. Those approvals have been…
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First Bank House of the Week: A Landmark Federal Home in Newtown Square
The Edgar House at 34 Mary Jane Lane, a landmark Federal-style home set on 1.3 acres with six bedrooms, 5 baths, and 3 partial baths, is available for sale in Newtown Square. Originally constructed in 1840 and expanded in 1910 and 2008, it blends early American architecture with modern livability. Historic integrity remains beautifully preserved…
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Historic Witherspoon Building in Center City to Become 186-Unit Apartment Complex
After serving as Presbyterian Church offices and later as short-term rentals, the historic Witherspoon Building in Center City is being turned into a 186-unit apartment complex, writes Jake Blumgart for The Philadelphia Inquirer. SSH Real Estate, which owns the 11-story building that dates back to 1896, decided to discontinue short-term rentals after hospitality operator Sonder…
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Philadelphia Housing Authority Purchases Olde Kensington Development in $49.1M Deal
Philadelphia Housing Authority has acquired a recently completed 200-unit development in Olde Kensington as part of its push to purchase several multifamily properties, writes Paul Schwedelson for the Philadelphia Business Journal. PHA paid $49.1 million for the Avenue V development, which was completed by Philadelphia-based Riverwards Group back in January 2026. “They gave us a…
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Ellis Preserve Developer in Newtown Square Eyes Multifamily Properties
An affiliate of Equus Capital Partners, the Newtown Square developers behind the Ellis Preserve, is in the process of raising a $600 million fund to invest in multifamily properties, writes Paul Schwedelson for Philadelphia Business Journal. Equus Multifamily Partnership L.P. has so far raised $34.3 million. The fundraising began in the first week of March,…
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First Bank House of the Week: Elegant Colonial in Chadds Ford for Sale
A refined Colonial at 411 Webb Road with five bedrooms and five full baths on a picturesque 2.81 acres is available for sale in Chadds Ford. This home offers a blend of refined design and everyday livability. Set on a picturesque property, the home welcomes visitors with a dramatic two-story foyer and sweeping staircase that…
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Villanova French Colonial Home Available for Sale at $4.5 Million
A Villanova French Colonial home with an indoor basketball court, a “pub” room, and a wine closet that can hold 800 bottles is available for sale at $4.8 million, writes Ryan Mulligan for Philadelphia Business Journal. The 7,328-square-foot home dates back to 1953. It was renovated and expanded in the early 2000s. The home…
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A Luxury Lakeside Home Is Available for Sale in Chadds Ford
Amy Trojecki and her husband Joe Dominguez had come back to the Philadelphia region after three years in Chicago and were searching for a special property, writes Laurel Anderson for County Lines Magazine. “I had a vision for this property when I first saw it,” Trojecki said. The secluded waterfront home at 80 Heyburn Road in…
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First Bank House of the Week: Extraordinary Tudor in Villanova
An extraordinary Tudor home at 201 S. Spring Mill Road on an attractive 1.36-acre lot, with five bedrooms and four and a half bathrooms, is available for sale in Villanova. This lovely residence perfectly combines historic grandeur with modern refinement. Distinctive details include wood beams, brick flooring, exposed stone walls, deep windowsills, and a reconstructed…
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Mid-Atlantic Buying: Delaware County Still Has Affordable Homes
Delaware County is one of only five counties in the entire Mid-Atlantic where a typical homebuyer can still afford a typical home, writes Michaelle Bond for The Philadelphia Inquirer. The median asking price of homes in Delaware County in the last quarter of 2025 was $289,450, and the median household income was about $89,500. An…
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First Bank: Beautiful Spanish-Style Rancher for Sale in Wallingford
A beautiful Spanish-style rancher at 1013 Glen Road, perfectly combining sociability and privacy, is available for sale in Wallingford, writes Paul Jablow for The Philadelphia Inquirer. Featuring four bedrooms and two and a half bathrooms, the residence has two parts: one for the kitchen, living room, dining room, basement, and two-car garage, and the other…
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New Philadelphia Bill Would Expand Transit-Oriented Development, Allowing More Housing Near SEPTA
A new bill from Mayor Cherelle L. Parker’s administration would allow more apartment construction around SEPTA stations to help boost ridership, writes Jake Blumgart for The Philadelphia Inquirer. The proposal expands an existing law that allows developers to build more housing with less parking on many properties that are within 500 feet of SEPTA stations…
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