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Capano Management acquires first Philadelphia apartment property

80-unit midrise building trades in year-end sale
Rittenhouse Row, a 13-story midrise rental apartment property, sold for $23.75 million in a year-end sale.
Rittenhouse Row, a 13-story midrise rental apartment property, sold for $23.75 million in a year-end sale.
By Vivian Peregrino
CoStar Research
December 19, 2025 | 8:19 P.M.

Capano Management, a Wilmington, Delaware-based private developer, continued its regional expansion with the year-end acquisition of the 80-unit Rittenhouse Row Apartments at 1601 Sansom St. in Philadelphia's Center City neighborhood.

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News | Capano Management acquires first Philadelphia apartment property