Redevelopments Are Better Suited To Thrive Through A Downturn Than New Construction

Philly is riding a development wave in multifamily, but the market’s best bet going forward might the same thing that kicked off its 21st century revival. Bisnow/Matthew Rothstein First American Vice President Annemarie Caruso, Hunt Real Estate Capital Managing Director Harris Heller and Red Rocks Group Managing Director Ethan Fellheimer Philadelphia continues to deliver apartments at an

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After A Decade Of Failures, Newark’s New Construction Boom Finally Takes Off

Until 2017, residential development in downtown Newark was largely a figment of developers’ imaginations. Over the decade prior, proposals were ambitious but financing was scarce. The one project that had gained financing, Eleven80, a rehabilitation-and-reuse of a long dormant former office building, had gone into foreclosure in 2009, reemerging several years later as a diamond

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Carl Dranoff: Timing For Newark Projects Couldn’t Be Better

NEWARK, NJ – Newark has a lot of up-side. But it’s come a long way to achieve that, especially on the multi-family side of the game. So CapRE’s Newark CRE Summit included a panel titled The Newark Multifamily Surge: Analysis of Tenant Dynamics and the City Infrastructure to Support this Growth, moderated by Frank E.

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12 New Philly High Rises Opening In 2018

12 New Philly High Rises

It doesn’t take much more than a short walk around the city to see that Philly is on the rise—literally. At Curbed Philly’s last count, 27 high-rises were under construction, and many more are in the pipeline. But after a year of navigating construction sites and peering up toward soaring construction cranes, we’ll all be able

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The 10 Biggest CRE Stories Of 2017 In Philadelphia

10 Top Stories

Philadelphia’s skyline changed in significant ways in 2017, but that does not even scratch the surface of the year that was in commercial real estate. These are the stories that drove the news cycle and the water cooler conversation in this city. 10. Activity up and down the Delaware River waterfront Though it seemingly will

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