Philadelphia Business Journal
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High-Profile Real Estate Developer to Acquire Franklin Mall, Major Redevelopment Planned
Months after being placed on the market, Franklin Mall in Northeast Philadelphia will soon be acquired, writes Paul Schwedelson for the Philadelphia Business Journal. Dean…
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West Conshohocken’s Madrigal Pharmaceuticals Eyes $1B Expansion Deal
Madrigal Pharmaceuticals is making another major move in the rapidly growing liver disease treatment market, writes John George for The Philadelphia Business Journal. The West…
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Malvern Gene Company to Raise $115M from Convertible Notes While Dealing with Stock Decline
Malvern-based Ocugen saw its stock fall almost 20 percent after an announcement to use convertible notes to pay down existing debt and fund ongoing drug…
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Temple University to Partner With New Jersey’s AtlantiCare to Open New Medical School in Atlantic City
Temple University has agreed to partner with New Jersey-based AtlantiCare to open a new $50 million medical school campus in Atlantic City, writes John George…
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New York Developer Plans 620-Unit Apartment Tower Along Delaware River
Brevet Capital is planning a 36-story apartment tower along the Delaware River in Philadelphia, writes Paul Schwedelson for the Philadelphia Business Journal. The New York…
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Developers Bet Big on Horsham With Major Luxury Apartment Community
After years of planning, a major luxury apartment project is finally moving forward in Horsham Township, writes Paul Schwedelson for The Philadelphia Business Journal. Developers…
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Philly Sports Retailers See Merchandise Sales Surge Amid Sixers, Flyers Playoff Runs
With the Philadelphia 76ers and Philadelphia Flyers both in the midst of their respective second round playoff series, local retailers are seeing a boom in…
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Doylestown Health Names New CEO as Penn Medicine Integration Continues
A major leadership move is reshaping Bucks County’s healthcare landscape. Dr. Craig Gronczewski has been named the next CEO of Doylestown Health, stepping into the…
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Major Health Systems Eye Montgomery County for Billion-Dollar Expansion
Montco is emerging as a focal point in major expansion plans from regional healthcare giants like Jefferson Health and Penn Medicine, writes John George for…
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New Full-Service Marina and Entertainment Complex Planned for Northeast Philadelphia’s Delaware River
Dana and Ron Russikoff, founder of Rodan Enterprises LLC, are planning to develop a new marina and entertainment complex along the Delaware River in Northeast…
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Chester County Native Played the Phillie Phanatic for 16 Years and Transformed Sports Mascots
David Raymond, of Avondale, artfully played the popular mascot Phillie Phanatic during the first 16 out of the 45 years of its existence, writes Terry…
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Alex Fraser Lists New Hope Estate for $3.25 Million as His Bucks County Playhouse Tenure Nears Its End
Tony Award-winning producer Alex Fraser and his husband Peter Maloney have listed their New Hope home for sale, according to the Philadelphia Business Journal. The…
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Overbrook Home Previously Owned by Muhammad Ali, Kobe Bryant’s Grandparents Goes Up for Sale
A home in the Overbrook neighborhood that has ties to two of the world’s greatest athletes — Muhammad Ali and Kobe Bryant — is looking…
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Wealth Management Consultant Buys West Chester’s Meradia, Moving HQ to Borough
West Chester-based Meradia was acquired by F2 Strategy, a portfolio company of Renovus Capital Partners in Wayne, and selected the borough as the headquarters for the combined company, writes Jeff Blumenthal…
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Bryn Mawr College Receives $20 Million in Gifts to Launch Strategic Plan
Backed by two $10 million gifts, Bryn Mawr College has started implementing a new strategic plan centered on expanding access, modernizing campus facilities, and increasing…
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Temple University Obtains Three Seven-Figure Gifts, Totaling $7.5 Million
Temple University has extended its recent fundraising efforts after receiving three new gifts, totaling $7.5 million, writes Ryan Mulligan for the Philadelphia Business Journal. The…
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Univest Financial Acquires La Salle University Fieldhouse Naming Rights in 10-Year Deal
Univest Financial Corp. has secured naming rights for La Salle University’s fieldhouse through a ten-year deal, establishing the Souderton-based company as the university’s official banking…
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Demand Outpaces Supply as Center City Apartment Vacancy Falls
Apartment vacancy in Center City continues to decline even as developers accelerate conversions of distressed office towers into hundreds of new residential units, writes Paul…
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