Llenrock News/Updates

Llenrock Local: Even More (!) Lodging for Center City; Millennials Come to Philly; Fed Grant, EB-5 Move Chinatown Project Forward

Llenrock News

Please enjoy this week’s edition of the Llenrock Local:  Center City’s trendiness factor continues to rise. This past week, the Morgan Group and development partner Clemens Construction Co. announced plans to replace a dilapidated parking garage, a diner, and some low-end retail near 17th and Locust streets with a…

Llenrock Local: SEPTA Brings Good News for TODs; Midtown Village Attracts Tech; Major Multifamily Deals in Center City

Llenrock News

Please enjoy this week’s edition of the Llenrock Local: In another sign of Philadelphia’s growing preference for mass transit, SEPTA extended its experimental 24/7 weekend service indefinitely. This announcement comes after SEPTA set yet another record for regional rail ridership. The region’s growing reliance on mass transit should result in…

Independent Lodging Congress: Conference Recap

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On Monday and Tuesday, over 160 hospitality and real estate professionals convened at the beautiful Rittenhouse in Philadelphia for the 2nd annual Independent Lodging Congress. I was in attendance, as part of presenting co-sponsor Llenrock Group, and filmed nearly a…

Llenrock Local: Signs of Cooling Multifamily Demand; More Co-working Spaces Open in City; Keystone Plans Mixed-Use TOD in Conshohocken

Llenrock News

Please enjoy this week’s edition of the Llenrock Local: Is Philadelphia’s red-hot multi-family rental market finally cooling? Less than two months after Equus Capital Partners scrapped plans to build a 300-unit apartment complex in Conshohocken, Dranoff Properties shifted gears on its 22-story One Riverside project in Fitler…