22A — March 2026 — Pennsylvania — M id A tlantic Real Estate Journal
www.marej.com
P ennsylvania
Gardner, Jandris and Skalko represented the seller Cushman & Wakefield sells The Terrace at Chestnut Hill P
investors want,” said Jandris, Cushman & Wakefield vice chair. “In a supply-constrained market, properties that of - fer strong occupancy growth within well-located, walkable neighborhoods continue to drive significant demand.” Amenities at The Terrace at Chestnut Hill include trans - portation services with orga - nized activities; laundry and linen services; housekeeping; spiritual services; a salon, li - brary and movie theater; and landscaped outdoor space. In addition, the property offers a comprehensive range of fitness and on-site medical services, including primary care, oph - thalmology and pharmaceutical services. MAREJ Norwood Financial Corp. , Member FDIC, and is located in Honesdale. The Bank has 33 branches serving Wayne, Pike, Monroe, Lackawanna, Luzerne, Chester, Dauphin, and Lancaster Counties, along with Delaware, Sullivan, Otsego, Ontario, and Yates Counties in New York. MAREJ
HILADELPHIA, PA — Cushman & Wake- field, a leading global real estate services firm, an - nounced today it brokered the sale of The Terrace at Chestnut Hill, a 62,600 s/f, 108-unit assisted living and memory care community in NW Philadelphia. Cushman & Wakefield’s Senior Living Capital Mar - kets team— Brett Gardner, Joshua Jandris and Jason Skalko —represented the sell - er. The buyer, MVJ Ventures LLC, was represented by Ja- son Stroiman and Brendan DeSilva of Chicago-based Evans Senior Investments . Located at 495 E. Abington Ave. in the city’s historic Chest - LEMOYNE, PA — Camp- bell Commercial Partners announced a new lease to Pres- ence Bank , a division of Wayne Bank , at 395 St. John’s Church Rd. The property is owned by Med Comm Properties LLC . The 2,660 s/f space will serve as a relocation of their loan pro - duction office. Presence Bank
The Terrace at Chestnut Hill nut Hill neighborhood, the community was built in 1987 and renovated in 2012. The property, which was 85% occu - pied at the time of sale, will be operated by Viva Senior Living. “The Terrace at Chestnut Hill represents exactly what today’s became a division of Wayne Bank on January 5, 2026. The Bank will operate as a division of Wayne Bank until April 13, 2026, when it will fully merge into Wayne Bank. The transac - tion was facilitated by Jessica Gasper and Art Campbell of Campbell Commercial Partners. Wayne Bank is a subsidiary of
Campbell Commercial Partners announces new lease for Presence Bank, a division of Wayne Bank
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