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New Investments Helping to Develop Communities in Erie County, Governor Rendell Says

HARRISBURG, PA - July 16, 2009 - (RealEstateRama) — Several real estate projects in Erie County will receive new state investments to support job-creating economic development projects, Governor Edward G. Rendell said today.

Governor Rendell Says New Investments will Convert Brownfields in Southwest PA

HARRISBURG, PA - June 11, 2009 - (RealEstateRama) – Several brownfield sites in southwestern Pennsylvania will enjoy a rebirth with a $6 million state investment, Governor Edward G. Rendell said.

Will Get Down Payment Help; Affordable Housing; 3,000 New Jobs with $380 Million in Recovery Funds

STEELTON, PA - June 10, 2009 - (RealEstateRama) – Governor Edward G. Rendell today said 1,000 families will receive thousands of dollars to help make down payments on new homes, more than 5,000 families in dozens of communities across Pennsylvania will find affordable housing, and some 3,000 workers will have jobs with the award today of more than $380 million in federal economic recovery funds.

Brentwood Bank Earns Award for Community Investment Excellence

Coraopolis, PA - June 9, 2009 - (RealEstateRama) — Brentwood Bank was honored before its industry peers today for its exceptional record of community investment and service.

Economist Cautions Legislative Committee Against Housing Cuts

Glenside, PA - June 1, 2009 - (RealEstateRama) — The same economist who issued a recent study saying that state investment in housing could provide a stimulant to economic recovery, now warns that proposed cuts in state investment could have just the opposite effect – a further slowing of the recovery.

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 […]