The Park Avenue Lifestyle highrise was built in 1977 by Daniel Keating and designed by renoun architect, Vincent Kling. The popularity of the 24/7 doorman and security is a big selling point for those who live at 100 Gray’s Lane House.

Log onto MainLinePhillyHomes.com and see a complete description of the 2 bedroom unit for sale. There is Guided Virtual tour of the unit as well.

I want to convert several 4 to 6 unit apartment buildings into condominiums.

The buildings are located in desirable areas and seem like a good investment.

I have not developed a low rise residential project before and need some advise on how to approach a project.

Can someone please outline the overall low rise development process for me or provide some coaching?

The City of Philadelphia wants to protect you from the dangers of predatory lending practices. Emphasizing that knowledge is the best protection against unscroupulous lending practices, the city will campaign to end aggressive lending practice that limit building home equity.

We’ve all seen the aggressive marketing campaigns for refinance and home equity loans. They may seem tempting but they may not be the best financing alternative.

Don’t Borrow Trouble is the first comprehensive consumer awareness campaign of its kind, combining public education and counseling services to help homeowners avoid lending practices that strip away their home’s equity.

Don’t Borrow Trouble is a national award-winning campaign that combines education and empowerment — showing consumers how to protect their homes and neighborhoods.

City of Philadelphia

Predatory Lending :: Freddie Mac

Predatory Lending :: Local Mortgage Broker Local Mortgage Broker

Flipping Triplex Condos Requires A Stuctured Commercial Loan

A loan for a flip would be structured as a commercial loan in which you would purchase the triplex condominium building. The mortgage would be set up so that a portion of the mortgage would be paid off as you sell each condo. You would arrange stated release prices on each condo before you obtain the mortgage.      Home & Commercial Mortgage Editor

Ahem. Ocassionally we like to announce nice little amenities that make our City such a desirable place to live. This is one of those moments.

Apparantly the City of Philadelphia is planning to wire the town - so it’s always on. Wireless internet access is being considered to turn the entire 135 square miles of Philadelphia into the world’s largest internet hotspot.

Hope you like the idea. We of course think it’s very cool.

Wireless Philadelphia

In the most ambitious plan of any US city, Philadelphia is cleared to provide wireless internet access service to its citizens.

What do you do when you run out of suburban opportunities and see a demographic shift to downtown Philadelphia?

Toll Brothers of Hunting Valley, Pennsylvania is now converting Center City Philadelphia buildings into luxury condos with all of the high-end amenities offered in their suburban homes.

Their first project is Naval Square located at 23rd and Bainbridge streets. This Toll Brothers condominium conversion project is planned as a 1,000 unit community and is the largest residential development of its kind in Center City.

Planned to unfold in phases, early estimates offer the condominium units between $200,000 and $700,000.

Toll Brothers :: Center City Philadelphia