Philadelphia

Philly housing authority buys multifamily portfolio for $76M 
Philadelphia
Mar 28, 2025

Philly housing authority buys multifamily portfolio for $76M 

Plan to convert majority of units into affordable housing
Tenants File Class Action Lawsuit Against Philly Landlord
Philadelphia
Mar 20, 2025

Tenants sue Philly landlord over rentals in disrepair

Bentley Manor residents claim Odin Properties improperly collected rent
Philadelphia budget proposal full of real estate nuggets
Philadelphia
Mar 14, 2025

Philadelphia budget proposal full of real estate nuggets

Mayor Parker pitches $800M loan for housing, construction tax reduction
Four Philadelphia buildings are on the government’s hit list
Philadelphia
Mar 6, 2025

Four Philadelphia buildings are on the government’s hit list

Properties on initial GSA disposal inventory span 1.4M sf
Philadelphia eyes tax breaks for office conversion projects
Philadelphia
Feb 28, 2025

Philadelphia eyes tax breaks for office conversion projects

Office-to-residential projects are often too expensive for city owners
Philadelphia Starts Initiative to Create, Preserve 30K Units
Philadelphia
Feb 24, 2025

Philadelphia mayor signs exec order to create, preserve 30K units 

New advisory group will provide recommendations within 30 days
Philly Developer Sells Pair of Apartment Buildings for $93M
Philadelphia
Feb 14, 2025

Philly developer sells pair of apartment buildings for $93M

Commonwealth Group snaps up properties from Palladium Group
Brandywine Keeps Asset Manager FS Investments in Philly
Philadelphia
Feb 3, 2025

Brandywine keeps asset management firm from leaving Philly 

FS Investments, with $83B in assets under management, signs lease at Schuylkill Yards
Nightingale, InterVest Likely to Sell Centre Square
Jan 31, 2025

Elie Schwartz’s Nightingale and InterVest “very likely” to sell Centre Square 

Owners owe $375M on Philadelphia office building’s CMBS loan
Philadelphia Expands Tenant Protections to More Renters
Philadelphia
Jan 22, 2025

Philadelphia expands tenant protection 

Right-to-counsel program covers 1/3 of those facing eviction
Philadelphia 76ers Pull Shocking Arena Reversal
Philadelphia
Jan 13, 2025

Philadelphia 76ers pull shocking reversal at South Philly arena

Team will stay put after winning approval for Center City site
Goldenberg Group Lists Columbus Commons
Philadelphia
Jan 10, 2025

Goldenberg lists fully occupied Philly shopping center 

Demand is outpacing supply in Philadelphia’s retail market
Philly Life Sciences Looks to 2025 After Sluggish Year
Philadelphia
Jan 3, 2025

Philly life sciences looks ahead to 2025 after sluggish year 

Stubborn interest rates led to negative absorption, high vacancies
City Council Approves Philadelphia 76ers Arena
Philadelphia
Dec 20, 2024

City council approves Philadelphia 76ers arena after dramatic debate

Protesters disrupted proceedings before vote was held
Philly Conversion Still Likely as TF Cornerstone Forecloses
Philadelphia
Dec 10, 2024

TF Cornerstone eyes resi conversion for historic Philly office

Firm foreclosing on Rubenstein Partners at Wanamaker
Crow Holdings Leases Entire Northeast Philly Warehouse 
Philadelphia
Dec 4, 2024

Crow Holdings leases entire Philly warehouse project to McDonald’s supply chain partner

Philadelphia industrial sector is having a moment this year, exceeding multifamily
Hines’ hopes for South Philly development hinge on rezoning
Philadelphia
Nov 25, 2024

Hines’ hopes for South Philly development hinge on rezoning

Vacant site could hold 1.3K apartments, office tower, entertainment hub
King for a Quarter: Industrial Takes Philly CRE Throne
Philadelphia
Nov 12, 2024

Industrial overtakes multifamily in Philly’s commercial sector

The city’s industrial properties are valued at a collective $77.8B
Briar Capital Buys Logan Square High-Rise NorthxNorthwest
Philadelphia
Nov 4, 2024

Briar Capital snags Logan Square high-rise for $172M

Ackman family office partners on purchase of Mill Creek Residential’s only Philadelphia rental
KKR buys Philly warehouse from Dov Hertz for $83M 
Philadelphia
Oct 8, 2024

KKR buys Philly warehouse from Dov Hertz for $83M 

Distribution warehouse leased to TJMaxx parent company