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Bright spots emerge in Philadelphia-area apartment market, despite signs of slowing PHILADELPHIA, PA–(Philadelphia Business Journal – August 11, 2020) – University Realty was nearing the end of construction on a new 5-story complex with 96 apartments at 42nd & Chestnut Street in the University City neighborhood of Philadelphia when the Covid-19 pandemic hit in March…

Rittenhouse Realty Sells Student Housing Property Near Drexel PHILADELPHIA, PA–(Marketwired – August 09, 2016) – Rittenhouse Realty Advisors is pleased to announce the sale of the Spring Hamilton Apartments, located at 3836-50 Spring Garden Street and 3835-37 Hamilton Street in Philadelphia, Pennsylvania. The newly constructed student housing property contains 39 units and 114 bedrooms. Originally…

Twins Getting Demolished on Chestnut Street Until a couple of years ago, the 4000 block of Chestnut Street boasted four nearly identical pairs of Italianate twins designed by Thomas H. Powers and built shortly after the Civil War. A little over a year ago, University Realty demoed the buildings at 4042-44 Chestnut St. and have…