Apr 2, 2013 | news, Residential
Horsham, Pennsylvania (April 2, 2013). BET Investments, Inc., a commercial real estate company owned by Bruce E. Toll, is pleased to announce that on April 1, 2013, its’ affiliated company acquired Lincoln Woods Apartments located at 9801 Germantown Pike, Lafayette Hill, PA.
At closing, the 216 unit apartment community was 98% leased. The property is located in Montgomery County just across the street from Fairmount Park and Chestnut Hill College, with easy access to the Pennsylvania Turnpike, the Schuylkill Expressway and the Blue Route. The average unit size is 774 square feet. Buildings are of wood frame construction with concrete and masonry foundation systems. Each apartment has its own separate entrance. Common area amenities include a clubhouse, a fitness facility and a swimming pool. (more…)
Dec 12, 2012 | news, Residential
BET Investments Inc. Closed this week on two apartment properties and has now spent more than $80 million since September bolstering its multifamily holdings throughout the region.
The private company isn’t done, either. BET plans to spend between $100 million and $150 million buying apartment properties annually for the next three or four years. Its goal is to acquire up to 1,000 rental units a year.
(more…)
Jan 26, 2011 | news, Retail, Uncategorized
BET Investments Acquires the Southdale Shopping Center in West Palm Beach, FL
January 2011 – BET Investments, a Horsham, PA-based real estate investment, management and development firm recently acquired the Southdale Shopping Center in West Palm Beach, FL for $12,925,000. “We are pleased to announce the acquisition of Southdale as part of an aggressive acquisition plan to significantly expand our real estate portfolio” said Michael P. Markman, President of BET Investments. (more…)
Aug 26, 2009 | news, Residential
2034 S. Limekiln Pike
Dresher, PA 19025
In August 2009, BET Investments began construction on Dublin Terrace, a Premier Active Adult Rental Community in Upper Dublin, PA. Conveniently located minutes from the PA Turnpike and close to all types of shopping that includes quaint specialty boutiques to modern malls. Dublin Terrace will offer the utmost in luxury, privacy and quality.
Amenities will include private balconies, well appointed kitchens with stainless steel appliances, granite countertops, lavish master baths, generous closets, washer dryer in each apartment and enclosed lower level parking. A club house complete with a state of the art 24 hour fitness center will be the hub of activity at the community. A pool and community center will create an exciting atmosphere for all the residents to enjoy.
For more information please visit www.dublinterrace.com
Dec 26, 2007 | news
Ten Sentry Parkway
Blue Bell, PA
Nearing the close of 2007, BET Investments was pleased to announce the complete renovation of the 130,000 square foot Ten Sentry Parkway office building in Sentry Park, Blue Bell.
After Merck & Co. relocated in the summer of 2006, BET Investments got busy on the major renovations. (more…)
Oct 26, 2007 | news
In October of 2007, BET Investments acquired 200 Witmer Road, which is approximately 102,000 square foot Class A office building in Horsham. In December of 2007, BET Investments relocated their corporate headquarters to the Horsham location.
“With a growing staff and the many quality commercial properties and projects, BET Investments needed more space. Our growth plans combined with the ability to acquire a well located building with Class A finishes prompted our acquisition of 200 Witmer Road, and it will serve as an excellent company headquarters for our national operations,” said Michael P. Markman, President of BET Investments, Inc.
Beyond the 10,000 square feet that BET Investments will occupy on the second floor, BET has also leased the entire first floor, approximately 51,000 square feet, to NutriSystem Inc. With the signing of NutriSystem, BET was able to buy a vacant building and secure leases for sixty percent of the square footage of the building.
