ANNAPOLIS, MD & KING OF PRUSSIA, PA — Hannon Armstrong, an investor in climate change solutions, and Morgan Properties, a real estate investment and management company, announced a new joint venture that will acquire the B-Piece from Freddie Mac’s previously settled KG series focused on environmental and social impact, and part of Freddie Mac’s flagship K-Deal program. The issuance, K-G02, is exclusively comprised of securitized workforce housing loans made through Freddie Ma
KING OF PRUSSIA, PA — Newmark Knight Frank’s (NKF) greater Philadelphia Capital Markets team comprising Mike Margolis, Dave Dolan and Dave Garonzik, along with local market expert, Jim Dugan, have successfully completed the sale of 200 N Warner Rd. in King of Prussia. The team represented the joint venture of Taconic Capital and Cohen Equities, both of New York, NY, in the $37.85 million sale to Pembroke Capital of Bryn Mawr, PA.
When Taconic Capital and Cohen Equities acqui
KING OF PRUSSIA, PA — Morgan Properties, one of the nation’s largest and fastest growing multifamily investors, announced it completed a portfolio transaction to acquire nearly 80 apartment communities encompassing 15,000 units across eight states.
This transaction takes Morgan Properties’ total portfolio to more than 75,000 units in 15 states throughout the country, making it one of the five largest multifamily owners in the U.S. Since 2012, the King of Prussia, Pennsylvani
KING OF PRUSSIA, PA — Jack Intrator, CPM, RAM, ARM, and Savor LLC signed an agreement for the Gourmet Grocery store at Valley Forge Towers. The 2,100 s/f space, located at 3000 Valley Forge Circle in King of Prussia has been leased. Intrator represented Valley Forge Towers and The Galman Group. Savor LLC leased the property from The Galman Group and intends to transform the space into a gourmet grocery store with granite counter space. George Butcher of Savor LLC and his wife
KING OF PRUSSIA, PA — Jack Intrator, and Savor LLC signed an agreement for the Gourmet Grocery store at Valley Forge Towers. The 2,100 s/f space, located at 3000 Valley Forge Circle in King of Prussia has been leased. Intrator represented Valley Forge Towers and The Galman Group. Savor LLC leased the property from The Galman Group and intends to transform the space into a gourmet grocery store with granite counter space. George Butcher of Savor LLC and his wife Jennifer have
KING OF PRUSSIA, PA — The Pennsylvania Land Title Association (PLTA) held its annual convention at he the Wyndham Gettysburg in early June. The event provided an opportunity to introduce its new officers, and present special awards to those who have made outstanding contributions to the title industry in Pennsylvania.
Taking the reigns as the 2018-2019 president of the PLTA is Danielle Chamberlain, CLTP an assistant VP and agency representative with Fidelity National Title I
KING OF PRUSSIA, PA — Morgan Properties has acquired a $277.5 million, four-property portfolio consisting of 2,729 units located in the suburban Maryland-D.C. Corridor from Rockpoint Group. The acquisition, called the NOAH Portfolio, includes Carriage Hill, Charlesmont, Gwynn Oaks, and Princeton Estates. Morgan Properties also recently acquired Parkview at Collingswood, a 1,030-unit, mid-rise apartment community in Collingswood, NJ. These acquisitions come on the heels of thr