COMMERCIAL REAL ESTATE

A hotel owner-operator pegged as the sixth-largest in the United States entered the Philadelphia market with its latest purchase – a 100-room hotel in Bucks County. … MCR, which has offices in New York and Dallas, bought the 100-room Residence Inn by Marriott Philadelphia Langorne at 15 Cabot Blvd East, located less than a mile from the Sesame Place theme park. … Read more at the Philadelphia Business Journal.