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HUNTINGDON VALLEY, PA-The builder of master-planned residential communities replaces a $575-million credit facility with double that amount. The new unsecured funding is supported by 23 US and international lenders and matures in 2009.
PHILADELPHIA-Small companies and investors find buying opportunities. An 11-unit apartment building sells for over $35,000 a unit; a food market commands $77 per sf, and Century Kitchens expands to Berks County for under $11 per sf.
SOLEBURY TWP., PA-A 9,300-sf addition will expand the township's administrative offices and police department at 3092 Sugan Rd. to 13,500 sf. The expansion and renovation is scheduled for completion by Labor Day 2005.
MECHANICSBURG, PA-With approximately $155 million in financing from Birmingham, AL-based Medical Properties Trust, the locally based specialty hospital company adds properties in five states. They have an aggregate of 435 beds.
PHILADELPHIA-Asking sale price for the former National Drying Machinery Co. one-story building on 5.5 acres at 2190 Hornig Rd. within the Byberry West Industrial Park in Northeast Philadelphia is $3.1 million.
PHILADELPHIA-In unrelated area appointments, Brandywine nabs former Philadelphia director of commerce, Jim Cuorato, as project executive; Jones Lang LaSalle hires Thomas Sklow from TCC, and AMC Delancey names Wharton professor Joseph Gyourko senior advisor.
ALLENTOWN, PA-Air Products formerly occupied the 44,600-sf building at 7066 Snowdrift Rd. in Iron Run Industrial Park here. Petrucci plans to retrofit both the interior and exterior, converting it into office and warehouse or manufacturing space.
PLYMOUTH MEETING, PA-By exceeding its target of between $200 million and $250 million, the Urdang Value-Added Fund LP has about $800 million in buying power. Its investment target is US office, retail, multifamily and industrial properties.
PHILADELPHIA-Under a multi-year lease valued in excess of $1.5 million, Salon Thalia opens on the first floor of the 12-story landmark building that overlooks both Washington Square Park and Independence Square.
VALLEY FORGE, PA-Cingular Wireless takes 26,000 sf at the newly renovated building at 2651 Van Buren Ave., and PJM Interconnection leases another 46,500 sf. Together they take occupancy in the office/warehouse building to 71%.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
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Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource