Real Estate News
This section was specifically created by the Center City Team to provide the most up to date real estate news and data pertaining to the Philadelphia community. Find all of the real estate related news impacting Philadelphia and the surrounding suburbs.
We hope you enjoy the information we offer! If we can help you in any way, please speak with one of our talented real estate agents, or directly contact the Center City Team office: 215.440.2093
December 17, 2015
The former Four Seasons has undergone a six-month, multi-million dollar renovation and emerged as The Logan. The Logan, which is located at 1 Logan Square, is part of the Curio Collection by Hilton. It opened its doors officially yesterday. The hotel is located on the edge of the Benjamin Franklin Parkway, with The Franklin Institute and the Free Library of […]
December 15, 2015
A piece that ran today in the Wall Street Journal covered Philadelphia’s apartment shortage and profiled one big-name project stepping in to fill the void. As is the trend in cities with more than five million people, the downtown population is on the rise in Philadelphia. Millennials and empty-nesters especially are flocking to these urban centers, and Philadelphia has lagged […]
December 2, 2015
How is Philadelphia’s apartment market doing? It’s an important question, not just because of rentals’ status in the overall state of Philadelphia housing, but also because of the high number of new multifamily building projects either recently-completed or coming down the pipeline. Is the market growing oversaturated? Sources seem to agree that the answer is “no, but proceed with caution.” […]
November 16, 2015
Fitler Square is one of Philadelphia’s most-desired addresses – and now, a brand new condo building will give you a new option in luxury living. One Riverside is located at 210-20 S. 25th Street, an easy walk to Rittenhouse Square, the University of Pennsylvania, Drexel University, 30th Street Station, CHOP, and more. Every Philadelphian knows that it is all about […]
June 22, 2015
The city of Philadelphia is currently in the midst of a hotel building boom. The building activity going on right now hasn’t been seen since the late 1990s. Builders are taking advantage of a wave of tourism, as well as business from convention-goers and those who come to Philly for work. Those who support the hotels’ building say that the […]
June 16, 2015
Big changes are coming to the Avenue of the Arts/Graduate Hospital neighborhood in Center City. A pair of vacant spaces are in the works to be developed on a grand scale. As the sites are situated in a highly-visible location in Center City, this is big news for the area. First up is a site that is currently a surface […]
June 8, 2015
Farewell to the Philadelphia Four Seasons… for now. The iconic luxury hotel shut its doors yesterday after more than 30 years of operation. It took its last reservations for the evening of June 6th and ended operations on June 7th. The Four Seasons was located on the Benjamin Franklin Parkway overlooking Logan Square. It has 357 rooms and was described […]
April 6, 2015
For generations, American young adults have followed a certain life script: move out of your parents’ home, go to college, get a job, get married, buy a home, start a family. There’s some wiggle room for the order of events, but the gist is clear. As the generation known as Millennials continue to grow up and move through the milestones […]
March 20, 2015
While some residential areas of the United States are continuing to struggle with home sales in the wake of the Great Recession, Philadelphia is seeing quicker sales than any time in the last three years. According to Berkshire Hathaway HomeServices Fox & Roach, who published a year-end report, the housing sector has continued to gain a boost by way of […]