Standard Communities Buys Philly Apartment Complex
The 186-unit Helston in Wynnefield Heights is the first acquisition from the company's new Community Reinvestment Act fund.
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Do you trust private companies to keep local rents affordable?
Philadelphia Real Estate News
For readers in Philadelphia, this page covers housing market trends, property transactions, new developments, affordability and home prices. Reporting reaches residential areas and commercial zones throughout the city.
Residential
Live Poll
Should your city prioritize funding to preserve existing affordable housing over new market-rate development?
Philadelphia Residents Demand Affordable Housing Funding
Community members rally for $36 million in city investment to preserve affordable housing units facing potential sale.
Commercial
Inizio Vacates One South Broad Office Space
The Philadelphia tower's occupancy has fallen to 46% as its loan remains in special servicing.
Apartments
Zoning Board Rejects Taller Lancaster Avenue Project
Haverford Square Properties' 420-unit plan in Cathedral Park was denied a height variance and may be reconsidered.
Coverage takes in transaction volume and price changes, municipal zoning updates, new construction, and shifts in housing affordability. It runs across the city and the communities around it. Older housing stock and historical preservation requirements shape development decisions differently here than in younger metropolitan areas. Interest rates and labor costs serve as the primary factors influencing the pace of new project starts.