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MALVERN, PA-The locally based REIT, which trades on the NYSE as LRY, is issuing 2.7 million shares with an over-allotment option of 405,000 shares. On Dec. 10, LRY shares opened at $38.40.
CHALFONT, PA-Having secured a seven-year lease for 22,500 sf with Bohler Engineering, BPG will break ground for the first of three 50,000-sf buildings in Phase I of its planned 475,000-sf office and R&D complex here.
VALLEY FORGE, PA-The first phase of Riverview at Valley Forge, a mixed-use community on the 64-acre site of "Lubinville," a historic 1915 film studio, begins. It includes construction of a 602-unit multifamily complex.
TREVOSE, PA-Ventura Commercial Mortgage arranged financing for the three-story, 69,066-sf, class A office building at 900 Northbrook Drive here. Tenants at the 94% leased facility include Yum! Brands and H & R Block.
BENSALEM, PA-Newark InOne and Full Spectrum Lending take an aggregate 8,942 sf and join Strayer University in the Phase I, four-story, 127,000-sf class A property at O'Neill Properties' $100-million development here.
JENKINTOWN, PA-Shurgard Storage Centers takes 48,000 sf for 20 years; South Trust Bank signs up for 10 years in Richmond, VA, and RBC Centura inks six bank branch leases. A non-core sale brings in $3.4 million.
PLYMOUTH MEETING, PA-Berlin brings 15 years of shopping center leasing experience from posts with Glimcher, Mills Corp., and PREIT to Kramont where she's responsible for leasing the REIT's Bristol, PA and New Jersey centers.
CONSHOHOCKEN, PA-The first phase of Riverwalk at the Millennium, a 375-unit multifamily complex in four four-story buildings, will join the three existing office buildings in the planned community under development here.
PHILADELPHIA-Dave Perrotta, a 20-year veteran of historic conversions here, joins Jeffrey M. Brown Associates' team of project executives. He is currently overseeing Metro Development's conversion of Hawthorne Suites.
NEWTOWN SQUARE, PA-Acquisition of the military family housing division of J.A. Jones, which is in Chapter 11, adds Fort Carson in Colorado and Forts Eustis and Story in Virginia to GMH's existing six-property military housing portfolio.
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.
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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.
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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.
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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