The North Crossing Apartments, a 145-unit complex in Willow Grove, Upper Moreland Township, has been sold for $27.6 million to Friedman Realty Group of South Jersey. Built in 1970, the property was 97% leased at the time of sale, reflecting strong demand in the suburban Philadelphia rental market. (Philadelphia Business Journal) Planned Renovations and Upgrades The new owners plan to invest several...
November 2025
Philadelphia’s 76ers and Comcast Corp. are moving forward with plans to redevelop parts of Center City, signaling major changes for the 1000 block of Market Street. The two companies plan to demolish most of the retail buildings on the south side of the block, stretching from 1000 Market St. to 1024 Market St., with demolition expected to be completed by next summer. (Philadelphia Business...
City of Coatesville Raises Realty Transfer Tax Ahead of 2026 — What Homebuyers & Sellers Should Know
The City of Coatesville Council has recently passed an ordinance that increases the local real estate transfer tax rate from 2 % to 2.5 %, taking effect on January 1, 2026. The tax hike is designed to generate an estimated additional $180,000 in revenue for the city’s 2026 budget. A portion of the new rate—specifically a half-percent of the 2.5 % rate—will continue to be allocated to the...
A significant boost for senior housing opportunities in Bucks County: the Daniel B. Green House — a 60-unit affordable housing community for residents aged 62 and older — has officially opened at 4695 Somerton Road in Trevose. BUCKSCO.Today+2jewishexponent.com+2 Why This Development Matters The building is designed to provide one-bedroom apartments for low-income older adults in a region where...
If you’re a homeowner or getting ready to purchase in Pennsylvania, there’s an important update regarding a key winter-support program that could affect many households. The Low‑Income Home Energy Assistance Program (LIHEAP), which provides heating-bill support to qualified low-income residents in Pennsylvania, is facing a delayed launch for the 2025-26 season. According to the Pennsylvania...