Investing

State to Invest $5 Million in Beaver County

CENTER TOWNSHIP – The Department of Community and Economic Development today announced a $5 million state investment that will help transform 43 acres of vacant land in Beaver County into a retail complex that will include three national anchor stores and a mix of retailers and restaurants, potentially creating more than […]

State to Invest $5 Million in Newbury Market Development in Allegheny County

BRIDGEVILLE – A $5 million investment by the commonwealth will help transform a vacant industrial property in South Fayette Township into a mixed-use retail, commercial and residential development that will create thousands of new jobs, the Department of Community and Economic Development announced on behalf of Governor Edward G. Rendell today.

PA Is Hotspot For International Homebuyers

Foreign Homebuyers Find Pennsylvania Real Estate a Good Investment, According to NAR Survey
HARRISBURG, Pa. - Jan.10, 2008 - When it comes to purchasing homes, more Europeans are choosing Pennsylvania for vacation and investment properties, according to a survey conducted by the National Association of REALTORS® (NAR) and sponsored by the Pennsylvania Association of REALTORS® (PAR) and […]

F.N.B. Capital Corporation Invests in Horsham, PA Company

Realpoint Sees Opportunities in Mortgage Market Research
Pittsburgh, PA – November 29, 2007 – F.N.B. Capital Corporation, LLC, the Pittsburgh-based merchant banking subsidiary of F.N.B. Corporation (NYSE – FNB), has provided mezzanine financing to Realpoint, LLC, a company that provides integrated commercial real estate research, bond surveillance, analytics, and data management services to companies engaged in […]

Pennsylvania-Based Global Manufacturing Firm Expanding, Governor Rendell Says Respironics Investing $120 Million In Southwestern PA

HARRISBURG, Nov. 15, 2007 – The commonwealth’s economic incentives for manufacturing companies have encouraged a developer, manufacturer and distributor of products and programs that serve the global sleep and respiratory markets to expand in southwestern Pennsylvania, Governor Edward G. Rendell said today.

Awards $2.5 Million for Fraser Centre Project

Governor Edward G. Rendell announced (August 15, 2007) Pennsylvania’s investment of $2.5 million in the Fraser Centre, a $43 million project that will include a state-of-the-art cinema, condominium tower and retail/office space in the borough’s downtown.

Pennsylvania Continues To Invest In Revitalizing Communities

Pennsylvania helped to expand the availability of affordable housing here today with its $1 million investment in the Wellington Heights Homeownership Project.
“Quality, affordable housing is an essential component for any municipality that wants to attract new residents and develop new businesses,” said Department of Community and Economic Development Deputy Secretary Kenneth Klothen, who announced the […]

Pittsburgh offers real value on real estate returns

Pittsburgh is one of the nation’s undiscovered gems for real estate values, according to two investors involved in major retail and office-building projects in the region.