Multifamily news in Philadelphia
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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 -
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 -
Asset Campus to Manage PA Student Housing
The 345-unit pet-friendly community evo at Cira Center South serves the University City Philadelphia.
08 May 2018 15:59 -
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 -
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.
17 April 2018 17:34 -
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 -
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 -
LeCesse to Build 248-Unit Community in King of Prussia, PA
Skye 750 will be located within King of Prussia's growing business park, a live-work-play environment comprising approximately 3.5 million square feet of office space.
07 March 2018 13:00 -
Hunt Mortgage Arranges $5M for Philadelphia Asset
The firm arranged for a seven-year fixed rate loan on behalf of MM Equity Partners Philly for the acquisition of the 30-unit Reach Lofts.
02 March 2018 17:32