Luxury Housing - Philadelphia
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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.
17 June 2019 13:50 -
Invesco Sells Philadelphia High-Rise in $30M Deal
HFF facilitated the sale of the 15-story historic apartment building to a joint venture between The Carlyle Group and Alterra Property Group.
16 April 2019 13:01 -
Philadelphia Luxury Community Gets Fannie Mae Refi
Arbor Realty Trust Inc. has provided a $6.4 million Fannie Mae loan for a recently completed 39-unit multifamily property in the Point Breeze neighborhood.
28 March 2019 07:01 -
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.
01 February 2019 11:34 -
Dalzell Expands in Philly With $19M Luxury Portfolio
The portfolio comprises recently completed or renovated assets, all located within minutes from Center City's employment opportunities, shopping, dining and entertainment destinations.
23 August 2018 13:30 -
Rittenhouse Realty Facilitates Sale of Philly Luxury Property
The new building features several interior and exterior high-end amenities and provides residents with immediate access to the city's busiest areas.
20 August 2018 15:27 -
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 -
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.
05 June 2018 07:43 -
On the Market: 5 Interesting Listings for the Week of 5/7
Among this week's listings are a century-old Manhattan property, a brand-new community near Philadelphia's Center City, and more.
11 May 2018 15:46 -
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 -
On the Market: 4 Interesting Listings for the Week of 3/26
This week's listings include a 100 percent-occupied luxury community in downtown Baltimore, student housing near Philadelphia's universities and a recently renovated value-add opportunity in Columbus, Ohio.
30 March 2018 15:47 -
Southern Land Updates $300M Philly Plan
Slated to be the city’s tallest residential only building, The Laurel will feature 54 condos, and long- and short-term units with separate lobbies and entrances.
26 February 2018 18:11 -
What’s Changing With Family Capital Investment
Family investment firms are making their mark in the multifamily industry. Post Brothers’ Matthew Pestronk weighs in on this trend and the challenges in the industry for companies managing family capital.
16 November 2017 18:13 -
Luxury Community Opens on Philly’s Main Line
The 36-acre site where the luxury apartment community is located also features a 20,000-square-foot historic mansion built in 1881, which will be updated with modern amenities.
26 October 2017 08:46