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Construction Set to Begin for Expanded Residential/Retail Complex at 40th and Chestnut

Construction Set to Begin for Expanded Residential/Retail Complex at 40th and Chestnut

PHILADELPHIA -- The Hub, an eight-story, mixed-use apartment building that opened in December 2006 at 40th and Chestnut streets near the University of Pennsylvania campus, is expanding its footprint with the imminent construction of Hub 3939, next door at 3939 Chestnut St.

Julie McWilliams

It's A Small World After All: NanoDay 2007 @ Penn

It's A Small World After All: NanoDay 2007 @ Penn

WHO: Faculty from the Nano/Bio Interface Center of the University of Pennsylvania sponsor a day of nanotechnology education and outreach for the Penn community, as well as regional high schools and neighbors.  

Jordan Reese

Statement on Citibank Loan Program

Statement on Citibank Loan Program

The University of Pennsylvania has agreed to modify one of its student loan programs, which is offered by Citibank, in response to a recent inquiry made to the University by the New York Attorney General. Penn will reimburse all participants who borrowed from the Penn CitiAssist program for fees paid by Citibank to the University.

Moody's Upgrades University of Pennsylvania's Debt Rating, Citing Growth in Financial Reserves

Moody's Upgrades University of Pennsylvania's Debt Rating, Citing Growth in Financial Reserves

PHILADELPHIA -- Moody's Investor Services has upgraded the University of Pennsylvania's long-term debt rating to Aa2, from Aa3.  Moody's removed Penn's rating from a watchlist for potential upgrades and said the rating outlook is stable.This rating upgrade to Aa2 restores the University to its highest rating level, last achieved in 1998.

Julie McWilliams

Grand Opening Planned Dec. 5 for 'The Hub,' Mixed-Use Building at 40th and Chestnut Streets

Grand Opening Planned Dec. 5 for 'The Hub,' Mixed-Use Building at 40th and Chestnut Streets

WHAT:  A grand opening event, celebrating the completion of The Hub, a nine-story, 100-unit residential-retail complex at 40th and Chestnut streets in University City, constructed by Teres Holdings, LLC, of PhiladelphiaWHERE:  The second floor of The Hub, 3935 Chestnut St., PhiladelphiaWHEN:  5:30 p.m. Tuesday, Dec. 5

Julie McWilliams