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Spencer Yablon

Senior Vice President at CBRE

Spencer Yablon is a Senior Vice President at CBRE, specializing in multifamily properties and commercial real estate investment sales.12 He leads the Multifamily Capital Markets team in Philadelphia, focusing on the sale of multifamily properties.23 Yablon is recognized as an excellent business and community leader with strong management skills and a thorough understanding of commercial real estate investment sales.1

In his role at CBRE, Yablon is actively involved in various property transactions. Recently, he announced the sale of a property on January 21, 2025, demonstrating his ongoing engagement in the real estate market.4 He also regularly shares updates about CBRE's offerings and listings, such as "The View at Old City" project.5

Yablon's expertise extends to affordable housing, as evidenced by his involvement in listing such properties.6 His LinkedIn profile (username: spenceryablon) showcases his professional activities and achievements in the commercial real estate sector.15

Highlights

May 23 · linkedin

CBRE is pleased to offer for sale The Dane, a 231-unit luxury multifamily property in Philadelphia, Pennsylvania. Located in the Wynnefield section of Philadelphia, The Dane was originally constructed circa 1960. The Property was acquired by current Ownership in 2016. The building was vacated in order to effectuate a complete gut rehabilitation utilizing historic tax credits (HTC). The “Placed In Service Date” is September 2019, so the expiration of the HTC 5-year compliance period is September 2024. Accordingly, the Property will be delivered free and clear of any HTC compliance requirements.

Completed in 2020, The Dane is the single finest residential community in the submarket. At 17 stories, the Property towers over the neighborhood below, offering unparalleled views of Center City, University City, and Fairmount Park. The apartments average 836 square feet and feature high-end finishes, including free-standing islands with stainless steel vent hoods, white and gray cabinetry, stone countertops, flush mount sinks, goose neck faucets, premium stainless steel appliance packages and easy-clean glass-top ranges. Each unit also has wood-like flooring, recessed and track lighting, and a washer/dryer. Most units have oversized balconies, offering private outdoor spaces which are in high demand. The Dane also offers an extraordinary indoor and outdoor amenity package, including a saltwater swimming pool, sundeck, fitness center, co-working spaces, pet wash room, and a resident lounge on the top floor.

The Dane is situated at the Wynnefield Station along SEPTA’s Cynwyd Line, offering a 15-minute ride into Center City, Philadelphia. Adjacent to Fairmount Park, residents are a short walk to picnic areas, walking/jogging trails, athletic fields and the Mann Center for the Performing Arts, one of the best outdoor amphitheaters in the country. With a large loss-to-lease and in-place rents well below those at nearby comparable assets by $300 for one-bedroom apartments and $700 for two-bedroom apartments, there is immediate upside for a new owner. 

www.cbre-thedane.com

Contact Us: Spencer Yablon - [email protected] Brad Megay - [email protected] Robert Miller - [email protected] John McFadden - [email protected] Adrian Sam - [email protected] Mac Shea – [email protected] Marco Spigonardo – [email protected]

CBRE is pleased to offer for sale The Dane, a 231-unit luxury multifamily property in Philadelphia,
Mar 22 · linkedin

Really proud of Brad Megay for this accomplishment! You deserve everything that's coming your way partner...

https://lnkd.in/eyR233n5

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Spencer Yablon
Spencer Yablon, photo 1
Spencer Yablon, photo 2
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Location

Philadelphia, Pennsylvania, United States