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Montgomery County residential rental market

1 story · First covered Mar 11, 2026 · Latest Mar 11
Montgomery County residential rental market Coverage
That Plymouth Meeting DoubleTree Isn't Coming Back. And Your Aging Hotel Might Be Next.

That Plymouth Meeting DoubleTree Isn't Coming Back. And Your Aging Hotel Might Be Next.

A hospitality REIT bought a suburban Philadelphia DoubleTree for $22.3 million in 2022, closed it last November, and just won zoning approval to convert all 253 rooms into 213 apartments. The math that killed this hotel is the same math staring at half the aging select-service properties in suburban America right now.