06/02/2026
Korman just broke ground on 274 luxury apartments in Horsham.
The site is a demolished former Telerx call center on Dresher Road. Four stories. Studios, one and two bedrooms averaging 1,000 square feet. Complete by early 2028.
Here is the number worth paying attention to. Korman's other AVE properties in King of Prussia, Blue Bell, and Malvern are running at 95 to 97 percent occupancy.
That tells us everything about Montgomery County right now. People want to live here. Renters, buyers, families relocating from Philly. The demand is real and it is consistent.
Horsham median sale price is $545,000. Homes pending in 21 days. This project does not soften that. It tells us national developers are betting on this area.
Full breakdown at TheMcKnightTeam.com.