Multifamily news in Development - Philadelphia
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30-Story Multifamily Tower Opens in Philadelphia
The 405-unit property is located in the University City neighborhood and previously housed a student ministry center.
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Alterra Lands $120M for Philadelphia Mixed-Use Project
The loan will be used in the construction of a 410-unit development near the Center City neighborhood.
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Philadelphia Multifamily Wrap-Up – June 2020
Conshohocken luxury project breaks ground. Tryko Partners expands local portfolio. Catch up with our June selection of Philadelphia must-knows.
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LCOR Starts Work on Suburban Philly Community
The project, scheduled for completion in the early fall of 2022, will bring 304 upscale units to the borough of Conshohocken, Pa.
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GMH Capital Partners Breaks Ground on Philadelphia Property
The community located in the suburb of Malvern, Pa., is scheduled to open in the summer of 2021.
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Senior Community Opens Near Philadelphia
Capitol Seniors Housing developed the $28.4 million assisted living and memory care facility in Mount Laurel, N.J.
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Ultra-Luxury Condo Tower Underway in Philadelphia
Dranoff Properties’ $253 million, 47-story residential high-rise at the corner of Broad and Spruce streets will feature more than 36,000 square feet of amenities.
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Work Starts on 103-Unit NJ Affordable Project
Volunteers of America Delaware Valley is building the community, Centerton Village, in the township of Mount Laurel. Funded in part by NJHMFA, the project is slated for completion in May 2020.
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Upscale Senior Living Community Coming to Suburban Philadelphia
South Bay Partners and LAMB Properties have joined forces to develop a 250-unit luxury senior housing community which will focus on holistic aging. The project is slated for completion in early 2021.
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NJHMFA Breaks Ground on Philadelphia-Area Affordable Community
Freedom Village at Gibbsboro will include 72 affordable rental units, with 18 units set aside for residents with special needs.
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Affordable Project Breaks Ground in Camden, NJ
Branch Village Townhomes will occupy the site of the former public housing development in the city’s Centerville neighborhood. The community will include 72 units.
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Red Capital Arranges Loan for Historic PA Conversion
The $7.8 million financing will be used to transform a century-old tobacco warehouse in Lancaster County into Tobacco Road Apartments.
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Campus Apartments Completes 4 Student Housing Properties
The firm spent more than $220 million developing off-campus communities in Knoxville, Tenn.; Ann Arbor, Mich.; and Philadelphia.
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Philadelphia’s 10 Largest Communities Under Development
From Center City to the suburbs, developers find rising demand for live-work-play environments. Luxury high-rises, student housing and creative redevelopments lead the list.
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BET Investments Develops Philly Asset
The property in Media, Pa., includes 162 units and an electric car charging station, a coffee lounge and a game room.