Howard Grossman, a member of Cozen O’Connor’s Real Estate Practice Group, discusses Philadelphia’s upswing in investment interest in every asset class, and it is coming from a multitude of sources, including national equity investors, regional and local institutions, and operators. “While Philadelphia has long been, for many, merely a resting point between New York and Washington, D.C., we’ve begun to see a dramatic shift in that perception as the city becomes a focus of capital investment from around the nation,” Howard says, “The city’s development pipeline currently exceeds $8 billion."

To read the article, click here.