Philadelphia Business Journal
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Plans Advance to Transform Wayne Office Building into 162-Unit Apartment Complex
Following required approvals, the partnership of Malvern-based E. Kahn Development, Wayne-based Love Communities, and Harrisburg’s Triple Crown Corp. is proceeding with plans to convert a Wayne office complex…
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Hamilton Lane Expands Headcount to Fuel Fast-Growing Business
Hamilton Lane, which has recently opened a new Center City office, may soon need additional space downtown as its headcount continues to expand due to…
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Germantown Friends School Buys Adjacent Historic Bank Building for $2M in Expansion Move
Germantown Friends School recently acquired a historic 11,000-square-foot building housing a Wells Fargo branch for $2.05 million, writes Ryan Mulligan for the Philadelphia Business Journal.…
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Nashville-Based Senior Care Provider Opens 3 New Philadelphia Health Centers in Former Rite Aid Locations
Nashville-based primary senior care provider ArchWell Health has expanded into Philadelphia, as it has opened three new health centers throughout the city, writes John George…
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New Seven-Year Agreement Anchors Return of Cruising to Philadelphia with New Terminal
A 15.5-acre site recently acquired along the Delaware River will become the location of a Norwegian Cruise Line terminal, as the Port of Philadelphia moves…
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Philanthropic Gift Launches Trauma Center Expansion at Jefferson Abington
Jefferson Health launches a huge fundraising campaign to modernize and expand the trauma center at Jefferson Abington Hospital, according to John George for The Philadelphia…
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Malvern’s Vanguard Announces Second Major Fee Cut in Year, Totaling Nearly $250 Million
Malvern-based Vanguard Group said on Monday that it is slashing fees on 53 investment funds, representing its second major reduction in fees in a year, writes Jeff…
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Two Philadelphia Firms to Merge, Deal Expected to Help Each Expand and Integrate Portfolios
Philadelphia firms Ceisler Media & Issue Advocacy and Athena Global Advisors, respectively, are set to merge, writes Jeff Blumenthal for the Philadelphia Business Journal. Both…
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Airbnb Reveals Philadelphia Projections for Visitors, Regional Economic Impact for FIFA World Cup 2026
Airbnb is projecting that around 17,000 visitors will book its rentals during the FIFA World Cup 2026, creating what it estimates to be $167 million…
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America’s Largest Privately Held Real Estate Brokerage Enters Philadelphia Market
Howard Hanna Real Estate Services, the largest privately held real estate brokerage in the nation, is now in the Philadelphia market and is already looking…
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After Sonder’s Collapse, Witherspoon Building Returns to Long-Term Rentals
The 186-unit Witherspoon Building has transitioned from short-term rentals into a more traditional leasing model following the sudden collapse of Sonder Holdings, writes Emma Dooling…
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Comcast’s Xfinity Set to Air First-Ever Super Bowl Ad
Comcast’s Xfinity is set to air its first Super Bowl commercial on Sunday, writes Ryan Mulligan for the Philadelphia Business Journal. In the commercial, the…
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Previously Outsourced, Malvern’s Vanguard Group Reclaims Hundreds Of Local Jobs From Infosys
Vanguard Group is bringing hundreds of jobs back from Infosys to its Malvern headquarters, following a 1,300-position outsourcing move six years ago, writes Ryan Mulligan…
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New York Hospitality Firm Acquires Malvern Residence Inn for $14.7 Million
A New York-based Samar Hospitality affiliate has purchased the 127-room Residence Inn by Marriott Philadelphia Great Valley/Malvern for $14.7 million, writes Emma Dooling for the Philadelphia Business Journal. At $115,748 per key, the…
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Temple University Unveils New 10-Year Strategic Plan for Institution, North Philadelphia Region
Since being installed as the new president at Temple University, John Fry has been detailing his vision for the future of the institution. Last week,…
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Hatboro Wawa Sells for $7.4M in Major Local Real Estate Deal
A recently built Wawa in Hatboro has changed hands in a multimillion-dollar deal, writes Schwedelson for The Philadelphia Business Journal. Ivyland-based Altimari Properties purchased the…
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Four Seasons Hotel Philadelphia Transforming Comcast Executive’s Former Residence Into 8 Luxury Suites
The Four Seasons Hotel Philadelphia is turning Comcast CEO Brian Roberts’ former condominium at the Comcast Technology Center into eight luxury suites, writes Emma Dooling…
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Renovated Chestnut Hill Estate with Marble Baths, Infrared Sauna Listed At $4.25 Million
A recently renovated home in Chestnut Hill, one of Philadelphia’s most affluent neighborhoods, has hit the market for a whopping $4.25 million, writes Ryan Mulligan…
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