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The Authority's function is to acquire real estate using the power of eminent domain, plan for redevelopment working with private firms, and financing the redevelopment by issuing municipal bonds of the Authority, with the overall objective of eliminating urban blight in the city of Philadelphia, Pennsylvania. [1]
Five Fortune 500 companies are headquartered in the city. As of 2021, the Philadelphia metropolitan area was estimated to produce a gross metropolitan product (GMP) of US$479 billion, [2] an increase from the $445 billion calculated by the Bureau of Economic Analysis for 2017, [3] representing the ninth largest U.S. metropolitan economy.
The rate on the popular U.S. 30-year fixed-rate mortgage will average around 6.0% next year and help to boost new housing construction and stimulate demand for previously owned… NBC Universal 2 ...
Iron Stone Real Estate Partners, sometimes referred to simply as Iron Stone, is a real estate private equity firm located in Philadelphia, Pennsylvania that has a niche focus on value added real estate assets, the acquisition of real estate related operating companies, and the assumption of mortgage notes. Iron Stone has developed and currently ...
You can buy a Philadelphia fixer-upper for just $50K — but they often come with a major catch. Here are 3 ways to invest in real estate without breaking a sweat
Brandywine Realty Trust is a Philadelphia-based real estate investment trust that invests in office buildings in Philadelphia, Washington, D.C., and Austin, Texas. As of December 31, 2022, the company owned interests in 72 properties containing 12.8 million net rentable square feet. [1]