Although no plans have been filed with Radnor Township, word is getting around that a developer has set his sights on the Wayne property of the late Dorrance “Dodo” Hamilton, one of the Main Line’s iconic grande dames. Radnor Township Board of Commissioners President Jack Larkin has written about the pending development at Eagle and …
New housing in works for Wayne estate of Campbell Soup heiressRead More
Over the last several years investment in the multifamily housing sector has been increasing. In its 2019 Apartment Housing Outlook publication, the National Apartment Association reports that over 40% of real estate investors say they will be net buyers of apartments in 2019. Freddie Mac expects this growth to continue, with multifamily loan origination volume projected to total nearly …
December is finally upon us, so break out the peppermint lattes and gingerbread cookies…it’s time for 2020 predictions! Get ready for a steady stream of property prognostications, starting this week with Daryl Fairweather of Redfin boldly arguing that in 2020: Bidding wars will rebound thanks to low mortgage rates and a lack of homes for sale. 30-year fixed mortgage rates will …
The Federal Reserve cut their benchmark interest rate again last week, with mixed reviews depending on your perspective. Scott Horsely of NPR reports that the past three rate cuts have contributed to a modest housing rebound, but that business investment is still faltering and is worrying central bankers. Lidia Dinkova of Globe St reports that …
Berwyn-based residential developer LCOR Inc.’s latest project, Arlo, is a 244-unit apartment community just off Route 202 in Malvern that will open in coming weeks. Arlo will consist of two four-story buildings, including a clubhouse that houses a fitness center and screening room. A 439-square-foot, one-bedroom studio apartment at Arlo will rent for $1,400 per …
