Press Releases

CBRE ARRANGES $157 MILLION IN FINANCING FOR 1.6 MILLION-SQ.-FT. OFFICE PORTFOLIO IN SUBURBAN PHILADELPHIA
CBRE Capital Markets’ Debt & Structured Finance team originated $157 million in bridge financing for the acquisition of a 29-property office portfolio in suburban Philadelphia, Pennsylvania. The Class A and B properties total 1,611,961-sq.-ft. and are located in Bucks County, Fort Washington, Horsham and Lehigh Valley.
Fidelity Deposit & Discount Bank Recognized for Outstanding Community Service, Receives Pillars of the Community Award
Fidelity Deposit & Discount Bank was presented today with the prestigious FHLBank Pittsburgh Pillars of the Community Award in recognition of the bank’s commitment to community revitalization. The Pillars award is FHLBank’s highest organizational honor and is presented annually to select FHLBank members
The Bryn Mawr Trust Company Recognized for Outstanding Community Service, Receives Pillars of the Community Award
The Bryn Mawr Trust Company was presented today with the prestigious FHLBank Pittsburgh Pillars of the Community Award in recognition of the bank’s commitment to community revitalization. The Pillars award is FHLBank’s highest organizational honor and is presented annually to select FHLBank members
Joseph Giannone Heating & Air Conditioning Announces Redesigned Website
Joseph Giannone Heating & Air Conditioning today announced the re-launch of www.calljg.com with a new, easy-to-navigate layout that features educational resources on subjects such as property value benefits from plumbing repair, heating repairs and installation, and AC repairs.
Congressman Mike Fitzpatrick and Financial Services Leaders Discuss Highlights of Affordable Housing, Community Lending and Other Initiatives to Advance Economic Development
Congressman Mike Fitzpatrick (R-Pa. 8th) participated in a roundtable discussion today with representatives of the Federal Home Loan Bank of Pittsburgh (FHLBank) and other financial services leaders to discuss the current state of affordable housing and ways in which the future funding and supply of affordable housing stock can be enhanced. The discussion included issues of particular interest to the Bucks County and Delaware Valley area
FHLBank Pittsburgh Announces First Quarter Financial Results
The Federal Home Loan Bank of Pittsburgh (FHLBank) today announced unaudited financial results for the first quarter of 2015. The Bank recorded net income of $71.1 million, and the Board of Directors declared dividends of 5.0 percent annualized on activity stock and 3.0 percent annualized on membership stock. Dividends are payable to the Bank’s stockholders on April 30, 2015
Housing Market Sees Growth in First Quarter
The Pennsylvania housing market saw a nearly 11 percent jump in closed sales in the first quarter of 2015 compared to the same quarter in 2014, according to a report published by the Pennsylvania Association of Realtors® (PAR).
John Crampsie Represents The Diocese Of Allentown At Riverside Business Center
NAI Summit’s John Crampsie recently represented the Diocese of Allentown in a multi-year lease transaction for almost 30,000 sf at Riverside Business Center in Whitehall, PA.
Kennedy Funding Financial Closes $3.5 Million Loan for Medical Campus
Lifestyle Healthcare Group is approved for a 385,000-square-foot complex in Pennsylvania
Treasurer McCord: Reunite Loved Ones with Lost or Forgotten Money This Grandparents Day
Harrisburg - September 4, 2013 - (RealEstateRama) -- Greeting cards can say a lot, but a check in the mail can make a difference in the lives of your loved ones, State Treasurer Rob McCord noted today. With Grandparents Day right around the corner, the Treasurer today urged Pennsylvanians to search www.patreasury.gov to find out if their grandparents are owed unclaimed property – with the average claim amount totaling $1,200, it could be a truly meaningful gift.
Pennsylvania properties synced to real estate search page with the IDX Broker software employed by Realtor Briana Pincherri
EUGENE, OR - August 13, 2013 - (RealEstateRama) -- Tyrone, Pennsylvania properties just got easier to find online, thanks to the partnership between IDX, Inc. and real estate professional Briana Pincherri. The IDX solution employed on her website now allows home seekers to quickly and effortlessly scan thousands of Allegheny Highland MLS (AHAR) property listings right from the convenient real estate website Pincherri hosts. The five unique search functions IDX Broker uploads onto her site give potential buyers a dynamic tool to help narrow the AHAR listings and match them with their dream property.
Auction.com Custom Auction Results in Winning Bid for Central Pennsylvania Class A Industrial Portfolio
Torrance, CA - July 17, 2013 - (RealEstateRama) -- Auction.com (www.auction.com), the nation’s leading online real estate marketplace, has successfully auctioned a large industrial complex in Carlisle, Pennsylvania using a specially-tailored version of its online auction process.
Brenda Thompson walks her clients through all aspects of the home buying process with the help of IDX Broker
EUGENE, OR - July 11, 2013 - (RealEstateRama) -- The IDX, Inc. team happily welcomes Brenda Thompson with Special Finds in Chambersburg, Pennsylvania, to the rapidly expanding list of elite rank real estate professionals opting to incorporate IDX Broker into the search function of their websites, enhancing and improving the overall online real estate search experience for potential home buyers. These newly added and innovative IDX search tools make it easy for Thompson to provide an invaluable service to home seekers; an immediate and direct connection to an abundant amount of properties within the Metropolitan Regional Info Systems (MRIS), and all without ever having to veer from her site
Customizable IDX solution simplifies management of online real estate websites for agents and brokers
EUGENE, OR - June 27, 2013 - (RealEstateRama) -- IDX, Inc. and Huntingdon Valley, Pennsylvania Realtor Jeremy Pilkerton have teamed up to revolutionize the online real estate search process for home seekers. The convenient IDX enabled website Pilkerton hosts has been integrated with the dynamic IDX Broker software, which seamlessly extracts and displays thousands of detailed property listings from Fort Lauderdale MLS (RAGFL), directly on the website of Pilkerton.
Pennsylvania property listings displayed on the IDX enabled website of Linda Johnson
EUGENE, OR - May 9, 2013 - (RealEstateRama) -- IDX, Inc. and Linda Johnson have joined forces to deliver Springfield, Pennsylvania home seekers with a thorough and dynamic online real estate resource. As a member of the Trend MLS (Trend), Johnson has long had access to thousands of area property listings. Her IDX solution now affords potential buyers the same level of access to Trend listings that was once only reserved for agents and brokers, simplifying the online home search for all parties. IDX Broker software has upgraded the search capabilities of the website of Johnson, making the online real estate search quick, efficient, and effective.
Eric Shryock uses custom IDX Broker tools to connect his clients with local real estate listings
EUGENE, OR - February 22, 2013 - (RealEstateRama) -- Eric Shryock of Wolfe & Company is now part of the growing network of agents and brokers who have chosen to integrate the dynamic IDX Broker software onto their real estate websites. The innovative and advanced search tools within the Internet Data Exchange (IDX) system will open up thousands of listings and details to prospective homebuyers browsing Shryock’s site. IDX, Inc. will enable Shryock to supply his clients with a complete online property search in the Carlisle, Pennsylvania real estate market and beyond.
Lori Mills makes complicated Pennsylvania real estate search simple with IDX Broker software
EUGENE, OR - February 13, 2013 - (RealEstateRama) -- IDX, Inc. welcomes Lori Mills to the growing network of agents and brokers who have chosen IDX Broker software, as a way of revolutionizing their real estate websites. Lancaster, Pennsylvania area properties can now be found on Mills’ IDX-enabled website, where clients can search quickly and easily for their dream home. As a member of the Keystone MLS, Mills has long had access to thousands of detailed property listings, and now, her clients can experience unprecedented access during the online search, with the IDX solution Mills hosts.
Partner Bolsters Construction Services Group with Major New Hire
Torrance, CA - January 22, 2012 - (RealEstateRama) -- Industry veteran Brian Ward has joined Partner Engineering and Science Inc. (Partner), a national environmental consulting firm headquartered in Torrance, Calif. and one of the country’s fastest-growing companies. Based in the Philadelphia office, Ward brings over 20 years of experience applying engineering expertise in the construction risk management arena.
President of Real Estate Loan Company Sentenced to 55 Months in Prison, Ordered to Pay $1.5 Million for Fraud Scheme
PITTSBURGH - June 14, 2012 - (RealEstateRama) -- A resident of Pittsburgh, Pennsylvania has been sentenced in federal court to 55 months of incarceration on his conviction of wire fraud, United States Attorney David J. Hickton announced today.
CUSHMAN & WAKEFIELD BROKERS 594,000-SQ.-FT. INDUSTRIAL SALE
LANCASTER, PA - May 30, 2012 - (RealEstateRama) -- Cushman & Wakefield’s Philadelphia-based industrial group has orchestrated the sale of 2913 Spooky Nook Rd., a 594,000-square-foot industrial building in Lancaster. Formerly utilized as a distribution center for flooring products by Armstrong Industries, the facility will be converted into a regional, youth-oriented sports complex by the new ownership.