Multifamily news in Philadelphia
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PGIM Real Estate Sells Philadelphia-Area Community
The property in Bala Cynwyd, Pa., was purchased for $59.5 million.
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Affordable Suburban Philadelphia Housing Lands $35M HUD Grant
A public-private partnership will use the funding to rehabilitate and expand the 306-unit asset in Camden, N.J.
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Tackling Affordable Housing in the Northeast
Standard Communities' Sean Carpenter delves into the challenges affecting the region's multifamily market, but also weighs in on signs of growing economic vitality across the area's main metros.
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Greystone Provides $50M Loan for Metro Philadelphia Property
Goldcrest Management used the Freddie Mac financing to acquire a 484-unit apartment community in Pine Hill, N.J.
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Philadelphia Student Housing Development Gets $23M
College Town Communities will use the loan to build the 264-bed expansion near Penn State Abington's campus.
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KeyBank Provides $23M Financing for Pennsylvania Affordable Community
The adaptive reuse project will transform a former school into a 50-unit property catering to seniors 62 and over.
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Common Adds 396 Units to Philadelphia Footprint
The company will operate both co-living and traditional units at communities located in the Fishtown, Southwest Center City and Fairmount neighborhoods.
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Radnor Property Group Tops Out Philly Tower
The property forms the second phase of a $175 million development across from Community College of Philadelphia.
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Philadelphia Multifamily Report – Fall 2020
While transaction volume was down 79 percent through October, the average rate continued its upward path.
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Greystone Arranges $95M Financing for Multifamily Trio
The Freddie Mac loans will refinance two Class B communities along the East Coast and one in the Midwest.
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Pennrose Lands Financing for Philly-Area Senior Community
The 96-unit building represents the final phase of the Kinder Park development in Ridley Township.
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Philadelphia Multifamily Wrap-Up – November 2020
Harbor Group lands portfolio refi. Luxury community underway in Conshohocken. Read our November selection of Philadelphia must-knows.
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Philadelphia Multifamily Wrap-Up – October 2020
Center City luxury condos top off. Upper Dublin mixed-use development opens. Catch up with our October selection of Philadelphia must-reads.
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Philadelphia Multifamily Wrap-Up – August 2020
Exeter Property delivers 30-story University City tower. Harbor Group gets $87 million refi. Here's our August selection of Philadelphia must-reads.
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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.