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TODAY’S DEALS: Charles Dunn Sale Breaks Per Unit Price in LA’s Faircrest Heights

TODAY’S DEALS: Charles Dunn Sale Breaks Per Unit Price in LA’s Faircrest Heights

A 17-unit asset sets a per unit price record in an L.A. neighborhood; Meridian Capital arranges $21.7 million in financing for Pantzer’s acquisition of a Philadelphia property; and the Collier Companies buys a Tampa apartment with plans for a student housing redevelopment. …

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Distressed Norris Apartments Housing Complex in North Philadelphia Receives $30 Million Revitalization Grant

Distressed Norris Apartments Housing Complex in North Philadelphia Receives $30 Million Revitalization Grant

Four communities that are part of the “Choice Neighborhoods Initiative” kicked off July on a strong note. The U.S. Department of Housing and Urban Development (HUD) announced this week that it has awarded a combined $119.7 million to redevelop severely-distressed neighborhoods in Columbus, OH, Norwalk, CT, and Pittsburgh and Philadelphia…

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Bon Jovi’s JBJ Soul Homes Project Officially Opens in Philadelphia, Receives ULI Award for Excellence

Bon Jovi’s JBJ Soul Homes Project Officially Opens in Philadelphia, Receives ULI Award for Excellence

JBJ Soul Homes, one of the most advertised housing projects in Philadelphia celebrated its grand opening earlier this spring. Located on a 0.5-acre triangular block in the neighborhood of Francisville, the complex was backed by musician Jon Bon Jovi’s Project H.O.M.E. program that offers subsidized supportive housing for low-income and…

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Movie Tavern to Open New Theater Complex in Flourtown

Movie Tavern to Open New Theater Complex in Flourtown

Three years after opening its first location in the Delaware Valley, dinner&cinema chain Movie Tavern announced plans to expand its footprint in the area with a second theater in Montgomery County’s Flourtown, a small community in North Philadelphia.…

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Philadelphia 76ers will Finally Have Their Own Training Center, But in Camden

Philadelphia 76ers will Finally Have Their Own Training Center, But in Camden

The Philadelphia 76ers will break ground on a new practice facility and headquarters building along the Camden waterfront in New Jersey.…

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Taller Puertorriqueño to Build New HQ Facility ‘El Corazón Cultural Center’

Taller Puertorriqueño to Build New HQ Facility ‘El Corazón Cultural Center’

Taller Puertorriqueño, a community-based multidisciplinary arts group that has been supporting the Latino and Puerto Rican culture in the Philadelphia region for almost four decades, is looking to expand in a new headquarters facility in the Fairhill neighborhood of eastern-north Philadelphia.…

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65-Unit Affordable Housing Community to Replace Old Knitting Mill Site in Burlington

65-Unit Affordable Housing Community to Replace Old Knitting Mill Site in Burlington

The City of Burlington and Ingerman Development Group, a real estate development company based in Cherry Hill, NJ, this week celebrated the official start of construction of a new affordable housing project located only 20 miles from Philadelphia.…

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Failed Marina View Project on Columbus Blvd. Comes Back to Life as 250-Unit Residential Building

Failed Marina View Project on Columbus Blvd. Comes Back to Life as 250-Unit Residential Building

PMC Property Group plans to revitalize 230 N. Christopher Columbus Boulevard, one of the many vacant parcels near the Benjamin Franklin Bridge in Philadelphia’s Penn’s Landing District…

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Construction Starts at 72,000 Sq. Ft. Outpatient Healthcare Facility in Penn Township

Construction Starts at 72,000 Sq. Ft. Outpatient Healthcare Facility in Penn Township

Anchor Health Properties, a Wilmington, DE-based development company focused on medical facilities, recently started construction on Penn Medicine Southern Chester County, a new outpatient healthcare facility located at the intersection of Route 1 and Route 796--two of the most heavily traveled roads in Chester County.…

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Hospitality 3 Announces Study Hotels Concept for Philadelphia’s University City

Hospitality 3 Announces Study Hotels Concept for Philadelphia’s University City

Hospitality 3, a hotel and real estate development company with offices in Manhattan and New Haven, CT, is set to break ground on a new hotel facility in West Philadelphia.…

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Liberty/Synterra JV Breaks Ground on 75,000 Sq. Ft. Building at the Navy Yard Commerce Center

Liberty/Synterra JV Breaks Ground on 75,000 Sq. Ft. Building at the Navy Yard Commerce Center

Activity is buzzing at the old Philadelphia Navy Yard as the business campus keeps on adding new office buildings to accommodate the growing list of companies that are rapidly joining the site’s tenant roster.…

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HOW Properties Working on New Student Housing Complex in West Philly

HOW Properties Working on New Student Housing Complex in West Philly

A local real estate management company is building a new student housing facility on Woodland Avenue in the west section of Philadelphia.…

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