News & updates

Company News, Real Estate Updates and Economic Development.


  • RCA Arranges $54,250,000 Acquisition Loan for Office Building in Chester County, PA

    Aug, 09 17 Post by: RRA | Comments Off on RCA Arranges $54,250,000 Acquisition Loan for Office Building in Chester County, PA

    PHILADELPHIA, PA, August 9, 2017 – Rittenhouse Capital Advisors has successfully arranged the financing for the acquisition of the 356,000 square-foot class “A” office building known as the Great Valley Commerce Center. Located in Malvern, PA, the subject property is fully leased to credit tenants. The property was acquired fo... Read More

  • RRA Sells 72 Unit (160 Beds) Modular Construction Student Housing Near Temple University for $11.78 Million

    Jul, 13 17 Post by: RRA | Comments Off on RRA Sells 72 Unit (160 Beds) Modular Construction Student Housing Near Temple University for $11.78 Million

    PHILADELPHIA, PA–(7/13/17) –  Rittenhouse Realty Advisors is pleased to announce the sale of the The Modules at TempleTown, a 72 unit, 160 bed student apartment building near Temple University.  The property was sold as an entity sale.  Located at 1417 N. 15th Street, The Modules at TempleTown was constructed in 2010 and achieved LEED G... Read More

  • RCA Arranges $4M Acquisition Loan for Commercial Parcel

    Jul, 11 17 Post by: RRA | Comments Off on RCA Arranges $4M Acquisition Loan for Commercial Parcel

    JUST FINANCED:  Acquisition of Commercial Parcel, Long-Term Leased to Royal Farms $4,000,000 Acquisition Loan 7-Year Fixed Rate at 4.15% 10 Year Term (7+3) 20 Year Amortization Limited Recourse Flexible Prepay Closed in 25 Business Days ... Read More

  • RRA Sells 99 Units Totaling $11,775,000 in University City, Philadelphia, PA

    Jun, 22 17 Post by: RRA | Comments Off on RRA Sells 99 Units Totaling $11,775,000 in University City, Philadelphia, PA

    PHILADELPHIA, PA–(6/22/17) – Rittenhouse Realty Advisors is pleased to announce the sale of the of the Florence Garden Apartments, located at 506 S. 41st Street, and The Lexington, located at 4207 Chester Avenue, both in the University City section of Philadelphia. Florence Garden Apartments contains 56 units, consisting of a mix of studio... Read More

  • RRA Sells 82 Units Totaling $5,350,000 in Delaware County, PA

    May, 08 17 Post by: RRA | Comments Off on RRA Sells 82 Units Totaling $5,350,000 in Delaware County, PA

    PHILADELPHIA, PA–(5/8/17) –  Rittenhouse Realty Advisors is pleased to announce the sale of the Foxcroft Terrace Apartments, to be rebranded by the new owner as Forest Creek Apartments, located at 300 N. Front Street in Yeadon, Delaware County, PA.  The 82 unit property consists of all two-bedroom units, many with balconies. The buyer in... Read More

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