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Wednesday, December 11, 2019

Strong sales for Lewes development

A development near Lewes is seeing strong home sales. Schell Brothers kicked off The Senators with a web-based strategy. Potential buyers were told that to be eligible for a contract reservation, they must first register on...

Morgan wins 33 awards from Del. apartment association

The  Delaware Apartment Association (DAA)  held the 2012 Best of Delaware Apartment Living Awards. Morgan Properties received 33 overall awards including two awards of highest distinction for Property Manager of the Year for Kelly...

Delaware Valley a hotspot for flipping homes | Philadelphia Citybizlist

The Delaware Valley ranks No. 8 among hundreds of metro areas when it comes to  flipping homes, yielding an average gain of $69,212, more than double the national average of $29,342, 24/7 Wall Street...

Sentinel buys 264-unit Pike Creek apartment complex | Philadelphia Citybizlist

A fund managed by Sentinel Real Estate Corporation has acquired The Apartments at Pike Creek, a 264-unit garden-style complex on 19 acres near Newark, Del. Cushman & Wakefield, Inc.s Karen Iman, Brian Whitmer, Andrew Merin...

Leases totaling 450,000 sq. ft. renewed at Hercules Plaza, 1201 N. Market

McConnell Johnson Real Estate recently completed agreements to lease nearly 450,000 square feet of office space at Hercules Plaza and 1201 North Market Street in downtown Wilmington. The high-rise office buildings   are currently...

Tenant woes put Nemours Building in special servicing status | Philadelphia Citybizlist

A $56.3 million loan backed by the 14-story, 540,000 square foot Nemours Building in Wilmington  has been transferred to special servicing due to a major tenant's "financial difficulties," according to Trepp, a company that...

City tries to quell fears about building code revisions

The City of Newark is working to quell fears about adopting revised building codes. The codes are up for consideration on Monday night. The city issued a release noting that is “of concern to some...

Wilmington developer issues upbeat report

Buccini/Pollin Group  released an upbeat update of its development activities in Wilmington, the Washington, D.C. area and New York. The update noted that the company continued its decade-long effort to transform the city of...

Maryland House travel plaza to close for reconstruction

Interstate 95 travelers will have one less travel plaza available beginning at the middle of this month. The Maryland House on Interstate 95 in Harford County in the northeastern area of the state will close...

Cinemark to open 12-screen theater at Christiana Mall this month

Cinemark Holdings, Inc.  plans to open a 2 screen complex near Christiana Mall  The theater complex in the Christiana Mall development southeast of Newark is slated to open in the spring of 2014. The theater  will...