Reported Oct 19, 2026 · Source: Multifamily & Affordable Housing Business
Agent PHL brokered the sale of 1523-29 Wallace Street, a three-lot infill assemblage in the Fairmount/Spring Garden historic district. The seller was an unnamed estate, and buyer Khosla Properties plans a four-story, 27-unit multifamily property.
Summarized from the article; the quoted lines below are from the article itself.
Read the full report at Multifamily & Affordable Housing Business. What the article says:
PHILADELPHIA — Agent PHL has brokered the sale of 1523-29 Wallace Street, an urban infill assemblage, comprising three lots, in the Fairmount/Spring Garden historic district of Philadelphia. The seller was…
PHILADELPHIA — Agent PHL has brokered the sale of 1523-29 Wallace Street, an urban infill assemblage, comprising three lots, in the Fairmount/Spring Garden historic district of Philadelphia.
The seller was an unnamed estate, and the buyer was locally based private equity firm Khosla Properties, which is planning to develop a four-story, 27-unit multifamily property, primarily comprising two-bedroom, two-bathroom floor plans.
Article date: 2026-10-19T12:00:00+00:00
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