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Rittenhouse Realty Advisors Sells 272 beds/ 106 Units Near UPenn, Drexel & Temple Universities Totaling $30+ Million

PHILADELPHIA — Rittenhouse Realty Advisors, a commercial real estate sales brokerage firm, is pleased to announce the recent sales of five student housing properties in Philadelphia.

The firm organized the sales of the following properties: 4258-60 Chestnut Street (45 Units, 128 Beds), a purpose-built, newly constructed property close to the University of Pennsylvania, 4236 & 4238 Chestnut Street (12 Units, 15 Beds) a value-add opportunity near UPenn, 3927, 3929 & 3931 Pine Street (45 Bedrooms) a value-add JV sale near UPenn, 125-129 & 133-135 South 46th Street (19 Units, 44 Beds) a newly constructed property in an Opportunity Zone near Drexel University, and Sydenham Commons (27 Units, 45 Bedrooms), a value-add deal located at 1706 N. Sydenham Street, one block from Temple University.

The global COVID-19 pandemic has forced universities to pivot numerous times over the fall semester, with some starting the year virtually, while others attempted to hold classes in-person, then shifted to distance learning or a combination of the two.

Despite these challenges, the occupancy rates of off-campus student housing apartments have remained remarkably high.

The apartment markets surrounding the University of Pennsylvania, Drexel University, University of the Sciences, and Temple University have remained desirable to investors given the solidity of these institutions and the continued desire students have to live near campus, despite the fact that classes are temporarily on-line.

Ken Wellar, Managing Partner at RRA, stated: “We were able to close on five different student housing deals during COVID-19 when the universities were all virtual. Even though no physical classes are being held, students still want to live close to campus. Our firm was able to close on both stabilized and value-add student housing deals in one of the most uncertain times in student housing history.”

Mark Duszak Director at RRA, added: “These sales demonstrate how RRA’s unique marketing process continues to maximize value for our clients in today’s extraordinary times.”

For more information on current rates or to view our available listings visit www.RittenhouseRealty.com.

About Rittenhouse Realty Advisors:

Based in Philadelphia, Pennsylvania, Rittenhouse Realty Advisors is a real estate advisory firm with an extensive focus in the brokerage of multi-family communities throughout the northeast region of the United States.

Formed in February 2013 by a group of advisors with more than 30 years of commercial investment sales experience, our focus is on multi-family and mixed-use properties with significant residential components.

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Jewish Family Service Friends Campaign: Your Generous Support Benefits Our Community


Margate, NJ (December 07, 2020) – As we approach the final days of 2020, many of us have either experienced or know someone who has been affected by this unprecedented and uncertain environment.

Whether that means reduced work hours or job loss, anxiety or depression, or needing food and shelter, at Jewish Family Service of Atlantic & Cape May Counties (JFS), we’ve continued to be there to help.

Each year, we host the JFS Friends Campaign which affords our agency the opportunity to provide assistance, programs and services for residents throughout our county.

With a goal of raising $35,000, we are currently $15,580 away and we need your support.

Since the pandemic began mid-March, JFS’ work has steadfastly continued our mission of empowering people to reach their full potential through the values of healing the world (tikkun olam).

Staff and volunteers have delivered 3,394 meals to isolated seniors, fed 5,267 individuals and families through our on-site Food Pantry, responded to 2,228 calls for assistance, and provided 5,767 telehealth sessions all while adhering to CDC social distancing guidelines.

With the ever-growing need in our region, we rely on the generosity of community members. JFS is looking to you, our dedicated Friends, to assist us to reach this important fundraising goal.

When considering your donation, please know that every dollar collected helps.

For example:

  • $36 will feed a family through our Food Pantry
  • $50 will offset the cost of a counseling session for someone overcome with anxiety
  • $100 will assure a month of Kosher meals for a senior sheltered at home
  • $250 will provide emergency shelter for a family who otherwise might be homeless

Please consider making a tax-deductible donation to the JFS Friends Campaign.

Your contribution can be mailed to Jewish Family Service, 607 North Jerome Avenue, Margate, NJ 08402 or made on-line at jfsatlantic.org.

About Jewish Family Service:

Jewish Family Service of Atlantic & Cape May Counties (JFS) encourages strong families, thriving children, healthy adults, energized seniors and vital communities.

With dozens of program areas, JFS specializes in counseling, mental
health services, homeless programs, vocational services, adult and older adult services and also hosts an on-site food pantry.

The agency impacts 8,000 lives throughout Atlantic and Cape May Counties each year.

JFS’ mission is to motivate and empower people to realize their potential and enhance their quality of life.

In keeping with Jewish values and the spirit of tikkun olam (healing the world), JFS provides services with integrity, compassion, respect and professionalism regardless of their religion, race, gender, sexual orientation, ethnicity, age or background.

For more information or to keep up-to-date with JFS events and programs, visit www.jfsatlantic.org or follow on Facebook, Twitter and LinkedIn.

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Gloucester County Animal Shelter Has Many Furry Friends Looking for Forever Homes

Meet Drew Barrymore! Drew is a six-month old kitten looking for a forever home. She is still a bit shy, and would need an owner who can spend plenty of time helping her more comfortable. (Photo GCAS)

(Clayton, NJ)—The Gloucester County Animal Shelter (GCAS) is open to help Gloucester County families find their new furry friends.

Adoption hours have been updated at the Gloucester County Animal Shelter to Tuesday through Thursday noon to 7 p.m. and Friday and Saturday noon to 4 p.m.

Adoption hours are by appointment only. GCAS is still limiting access to the public due to the COVID-19 pandemic.

Any Gloucester County resident interested in adopting from GCAS can call (856) 881-2828 ext. 1 for adoptions. You can also fill out an adoption application online at www.gloucestercountynj.gov and a staff member will contact you with an appointment time.

“It’s our top priority to get our animals into loving forever homes. The staff at the shelter will carefully walk you through the adoption process so you’re comfortable with your choice and ready to take your pet back to your family,” said Freeholder Director Robert M. Damminger.

Animals are still adoptable at a discounted price. The shelter is still discounting adoption fees for the animals at the shelter. Animals 6 years old and younger will have their adoption fees reduced to $35. Dogs and cats 6 years and older will have their adoption fees completely waived.

“We also want to remind residents of our Pet Food Pantry,” said Freeholder Deputy Driector Frank J. DiMarco. “We created this pantry to keep your pets in your homes. We know the pandemic has caused financial stress for many residents, so please don’t hesitate to pick up food for your pet at the shelter if you’re in need.”

Any pet owner struggling to feed their pets due to the COVID-19 pandemic, can visit the Pet Food Pantry to pick up pet food for their dogs and cats.

If any Gloucester County resident is in need of food please call the shelter to confirm availability and schedule a time for pickup at (856) 881-2828 ext. 3.

To view all of the adoptable pets patiently waiting for their forever homes, visit Petfinder.

Ott’s on the Green Fundraiser to Benefit GCAS

The Gloucester County Animal Shelter (GCAS) and the Gloucester County Board of Chosen Freeholders will partner with Ott’s on the Green of Washington Twp. every Monday in November to raise funds for the shelter.Ott’s on the Green is located at 340 Greentree Rd., Washington Twp.

With each flyer presented during the Dine-to-Donate events, Ott’s will donate 20% of food sales to the shelter.

Valid for dine-in or takeout food.

Flyers must be printed and distributed prior to the event and given to the serve when paying the bill.

Not valid with happy hour or other daily specials.

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Feature Stories News

Op Ed From Secretary of Agriculture Douglas H. Fisher: Please Give Our Farmers a Brake

In New Jersey, agricultural operations enjoy both a luxury and a challenge in being close to where people live who want their farm products.

This creates a beneficial dynamic in which residents of many New Jersey communities form a close bond with their local farmers, get to see the creation of their dietary raw ingredients “just down the road,” and even visit those nearby farms that have incorporated agri-tourism into their business models.

This is especially true in autumn of each year. Outdoor on-farm activities are always popular in the fall, from corn mazes to apple picking to pumpkin patches, many farms in New Jersey have successfully added a farm-visit experience to their offerings. This year, with many popular indoor activities curtailed due to the COVID-19 pandemic, outdoor farm visits are being embraced by more and more residents seeking farm products and wholesome fun.

Autumn also brings to our industry the height of the harvest season.

Farmers are racing against the clock to bring in all their wonderful fall agricultural products and wrap up production activities for the year.

Soon, as winter descends upon our region, those farms that don’t operate year-round will take their short respite between the end of the autumn harvest and the next planting season in the spring.

So, for the next several weeks, as this year’s fall harvest culminates, New Jersey residents should see increased activity of farm vehicles out on the roads, from tractors to trucks to hay wagons. It’s an important time to remind other motorists that these are working vehicles driven by farmers and their employees, many of whom are their family members, from whom we all benefit through close proximity.

Please, as you are out and about, even if it’s just making your daily commute, or errands, consider the work our farmers are conducting and the vital job they do by cooperating.

No one likes being caught behind a slow-moving vehicle on the road, whether it is a tractor or just someone driving a passenger car very slowly. But it is only a few minutes and doing something rash like trying to pass a long line of cars without knowing what’s coming in the opposite direction could endanger lives.

Please make sure our farmers will still be here with us next year. Show some patience. It is one of the best thank you gestures we can give to them. Stay safe!

Sincerely,

Douglas H. Fisher, Secretary of Agriculture

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Water’s Edge Opens State-of-the Art Dialysis Unit

The Water’s Edge team and Physicians Dialysis is proud to announce the opening of their on-site, state-of-the-art Dialysis Unit.

Individuals with end stage renal disease who reside near or at Water’s Edge Healthcare & Rehabilitation Center can now utilize our new wing in a safe, sanitary, and familiar setting.

With over 30 years of experience, Water’s Edge has established a reputation for the highest standard of care.

Particularly during the Coronavirus pandemic, Water’s Edge has proven to maintain this level of care no matter the circumstance. Experience a beautiful dialysis unit that offers a start-to-finish renal care program, all close to home.

Why choose Water’s Edge dialysis unit for your recovery? Our spacious, beautiful on-site treatment center – with a dedicated separate entrance – is staffed by highly trained nurses administering care via state-of-the-art dialysis equipment. All CDC and Department of Health regulations are meticulously upheld, with surfaces and equipment sanitized regularly and proper social distancing enforced.

“The opening of this unit represents a new phase for Water’s Edge. We’re so excited to be able to serve our community in a whole new way! Renal care has continually been a requested service from our beloved residents, and we’re excited to have risen to their expectations. We invite you to reach out to our admissions team today to see how we can help you discover your healthiest self!” says Doris Glover, Director of Admissions for the new unit.

Water’s Edge Dialysis Program is now open and accepting patients. The team is excited and eager to offer you a virtual tour!

Please reach out to the customer service team today to begin your journey towards renal health.

About Water’s Edge Healthcare and Rehabilitation Center:

Water’s Edge is a state-of-the-art rehabilitation, post-acute, and long-term care center located in the heart of New Jersey. For years, Water’s Edge has proven to be a premier name in the long-term care industry. Our stellar reputation precedes us, and we take great pride in the trust our
residents and their loved ones place in our hands. We invite you to learn more when you reach out to our customer service team at 609-393-8622.

About Physicians Dialysis:

For more than 30 years, Physicians Dialysis has delivered high-quality dialysis solutions. As a physician-owned and physician-directed company, we emphasize patient care and strive for clinical excellence. We apply a holistic approach to treatment that includes using the latest
technology, recruiting, and training specialized staff, and providing education to engage patients, improve outcomes, and reduce the likelihood of hospitalizations.

Physicians Dialysis provides “the right care the right way.” For more information, please contact us at 305-651-3261.