The new owner of Philadelphia’s historic Wanamaker Building is planning an office-to-residential conversion that will bring 600 loft-style apartments to the property’s top six floors. According to combined media reports, New York City-based developer TF Cornerstone...
Wayne, Pennsylvania-based Radian Group Inc. (NYSE: RDN) announced that Radian Guaranty has issued a line of credit of up to $1 million to the Philadelphia Accelerator Fund (PAF), a Community Development Financial Institution (CDFI) that supports the development of...
The Mid-Atlantic region recorded 12,763 closed home sales during February, according to data from Bright MLS. This is down 4.3% compared to the same time last year. There were 16,020 new pending sales in the region, down 9.1% from a year ago and the lowest February...
The Mid-Atlantic region recorded a total of 13,117 transactions closed in January, up 8.5% increase from one year earlier, while the total of 14,971 new pending sales in January was down 5.2% from one year ago, according to data from Bright MLS. Showing activity was...
CBRE Group Inc. (NYSE: CBRE) announced the sale of three retail properties located in the suburban Philadelphia market totaling $14.7 million. The sales included a 5,051-square-foot standalone property occupied in a long-term lease by Wawa in Wyomissing, Pennsylvania,...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
