In the fourth quarter of 2017, Willton partnered with a nationally recognized builder, backed by one of the largest public pension funds in the United States, to development a 244-unit Class A apartment community in Philadelphia’s desirable Main Line region.
The “Main Line” refers to the affluent western suburbs of Philadelphia, which are home to elite public and private high schools, universities and social clubs. As one of Philadelphia’s most sought-after residential enclaves, Chester County residents earn the highest average income of any county in Pennsylvania, among the top 10 counties nationally. The development provided Willton with an opportunity to partner leading national developer in a high barrier-to-entry submarket with exceptional demographics. Willton successfully exited the deal in 2020 upon stabilization.
