(To read more on the multifamily market, click here.)

HARRISBURG, PA-Moses Mizrahi has acquired Towne House Suites & Apartments, a 20-story mixed-use property at 660 Boas St. for $15.5 million from Philadelphia-based AMC Delancey Group. The buyer also owns the Executive House apartments at 101 S. Second St., which is approximately a mile away.

After acquiring the Towne House property nine years ago, AMC Delancey redeveloped its first three floors into a 60-key extended-stay hotel along with a restaurant, bar and salon, and retained 300 residential apartment units on the other 17 floors. Ken Balin, president and CEO, tells GlobeSt.com his company paid $7.5 million for the building in 1996. Most recently, the restaurant has been renovated.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2025 ALM Global, LLC. All Rights Reserved.