Deals - Philadelphia

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.
Market Rate
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.
Luxury
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.
Market Rate

  • 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

  • JV Buys Stake in 632-Unit Asset

    Rockpoint Group and The Brooksville Co. acquired Avalon Run East in Lawrence Township, N.J., from AvalonBay Communities.

    10 November 2017 13:58

  • Community Trades for $45M in Philly Metro

    Aulder Capital obtained a seven-year securitized loan through Freddie Mac's CME Program for the property, which is situated 15 minutes from the University of Delaware.

    27 October 2017 09:53

  • Suburban Philly Property Trades for $34M

    The apartment community was part of the Rental Assistance Demonstration program and received a 20-year subsidy contract. The previous owner improved multiple aspects of the 1950 buildings.

    20 October 2017 14:03

  • Philly Multifamily Portfolio Trades for $14M

    The properties situated in Philadelphia's University City changed hands for a total of $14 million. The locations offer residents access to the city's attractions and employment centers.

    11 October 2017 09:28

  • Kushner Cos. Lands 1,032-Unit NJ Community

    A joint venture between Angelo, Gordon & Co. and Candlebrook Properties sold the asset in Plainsboro, N.J. The buyer assumed the in-place debt on the property.

    25 September 2017 08:25

  • HFF Arranges Sale of DE Apartment Community

    The 301-unit apartment community known as Brandywine Hundred Apartments changed hands for an undisclosed price. The property is located near major thoroughfares and is 20 minutes away from the Philadelphia International Airport.

    21 September 2017 08:52

  • Phillips Realty Secures $31M Financing for PA Project

    The company worked on behalf of Woodfield Investments, the developer of the 320-unit Woodfield at Valley Forge in suburban Philadelphia. The asset will be part of of the Village at Valley Forge, a 122-acre mixed-use lifestyle property.

    17 August 2017 20:53

  • Greystone Scores $36M for DE Deal

    The company worked with Fannie Mae and New York Mortgage Trust Inc. to secure financing for Concordia Properties, which purchased Autumn Park, a 360-unit community.

    17 August 2017 14:52