Deals - Philadelphia
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Goldman Sachs Snags 821-Unit Philadelphia Community
The purchase of Chestnut Hill Village marks the company's 18th investment, bringing its total portfolio to 5,600 units. HFF worked on behalf of the new owner to arrange a 10-year, fixed-rate acquisition loan.
09 August 2018 14:38 -
Southern Land Sells 28-Story Tower in Downtown Philly
The 3601 Market luxury tower, which opened its doors in 2016, is LEED Silver certified. The community also features 13,600 square feet of retail and restaurant space.
01 August 2018 14:11 -
Broadtree Acquires $138M Portfolio
The company purchased 1901 S. Charles and 2 E. Wells in Baltimore, as well as The Overlook in Camp Hill, Pa. After closing, Broadtree now has a property base of nearly $350 million.
31 July 2018 18:22 -
PA Community Changes Hands for $12M
The transaction is representative of the strong demand for multifamily assets in the Harrisburg-Carlisle MSA, a growing alternative market, according to Rittenhouse Realty Advisors.
23 July 2018 15:28 -
Rittenhouse Realty Advisors Arranges Sale of Student Housing in Philadelphia
Located at 516 S. 42nd St., the community comprises 25 units and 74 bedrooms. Amenities include hardwood flooring and on-site laundry facilities.
24 May 2018 13:38 -
Odin Properties Trades Philadelphia-Area Community for $32M
The company picked up the asset for less than half the price back in 2014 and carried out extensive renovation and repositioning work.
18 May 2018 17:38 -
Rittenhouse Realty Sells Again in Philly’s Fishtown
The property, originally constructed in the late 19th century, was transformed into a luxury community and features a ground-floor commercial space currently leased to Fishtown Brewery.
07 May 2018 16:29 -
AIMCO Extends Philly Footprint With $445M Portfolio Buy
The company acquired six communities in the metro with a total of 1,116 units from Dranoff Properties. The deal is expected to close in the second quarter of this year, except for the purchase of one property that is expected to close in the first half of 2019.
17 April 2018 16:58 -
Rittenhouse Realty Sells 120 Units in DE
Constructed in 1975, the Wilmington community includes 118 units, a swimming pool and 240 parking spaces.
28 March 2018 17:50 -
Gebroe-Hammer Arranges $26M Sale in Bethlehem, PA
The townhome community comprises two-, three- and four-bedroom units and is located near the city's historic center, as well as several large employers.
23 March 2018 20:14 -
Tryko Partners Buys Philly-Area Skilled Nursing Facility
The 129-bed facility, located next to the Fitzgerald Hospital in Yeadon, Pa., provides post-hospital care, short-term rehab and long-term residential care.
20 March 2018 14:47 -
RRA Sells 6 in Temple University Area
Temple University contributed to the area's recent revitalization and proved to be a good driver for the surrounding real estate market.
14 March 2018 14:56 -
Rittenhouse Realty Closes $6M Sale in Philly
The four-story building comprises 15 units and a commercial ground floor component, a space currently leased to Sherwin Williams.
12 March 2018 15:06 -
Philly Apartment Portfolio Trades for $8M
The two properties are within five minutes' distance of each other. New ownership will seek to improve value by renovating specific aspects of the communities.
08 December 2017 16:37 -
Gebroe-Hammer Closes $89M Sales in Suburban Philly
The company brokered three transactions of properties located in three different counties in the South Jersey market. The apartment communities comprise 896 units.
15 November 2017 15:29