Property, Rentals, Transactions

Property, Rentals, Transactions

Mayor Peduto, Urban Redevelopment Authority and Habitat for Humanity of Greater Pittsburgh To Launch...

The City of Pittsburgh, Urban Redevelopment Authority (URA) and Habitat for Humanity of Greater Pittsburgh (HFHGP) have collaborated to offer a first time Veterans Homeownership Initiative (VHI). The VHI will offer mortgages to veterans who want to become homeowners, including homeless and disabled veterans in the City of Pittsburgh. Mortgage loans

Barrar Urges the Governor to Sign Fire and EMS Tax Credit Bill

Rep. Steve Barrar (R-Chester/Delaware) joins Rep. Ryan Warner (R-Fayette/Westmoreland), who is the maker of legislation that would allow municipalities to offer income and/or property tax credits to volunteer first responders, in calling on Gov. Tom Wolf to sign House Bill 1683

Superior Court of Pennsylvania Upholds Trial Court’s Grant of Summary Judgment

MERSCORP Holdings, Inc. today announced that the Superior Court of Pennsylvania affirmed the trial court’s order granting summary judgment in MERS’ favor

Commercial Real Estate Represented in RPR Training

The REALTORS® Property Resource website has lots of great information and tools for both commercial practitioners and residential/commercial REALTORS®.  To help spread the word about the Commercial Realtors® Property Resource, RPR has a robust schedule of training webinars. 

EPA Awards $800,000 in Brownfields Grants to Assess Properties in Montgomery County’s Norristown, Pottstown...

The U.S. Environmental Protection Agency today announced the award of $800,000 in brownfields grants: $400,000 to the Municipality of Norristown and $400,000 to the Montgomery County Redevelopment Authority. The funding will be used to assess abandoned industrial sites in Norristown and Pottstown, Pa., that may be potentially contaminated with hazardous substances so they can be cleaned up and redeveloped

Hunt Mortgage Group Refinances a Multifamily Property Located in Bala, Cynwyd, Pennsylvania

Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided a $4.6 million Freddie Mac conventional loan facility to refinance a multifamily property located in Bala Cynwyd, Pennsylvania

CBRE ARRANGES $157 MILLION IN FINANCING FOR 1.6 MILLION-SQ.-FT. OFFICE PORTFOLIO IN SUBURBAN...

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.

Pennsylvania offers the most homeownership assistance programs of any state

In a recent story, Money magazine recognized Pennsylvania as the state with the most assistance programs to help homebuyers and homeowners. The article draws on data posted online by mortgage website HSH.com, which ranks the 50 states and Washington, D.C., with Pennsylvania coming out on top.

Fidelity Deposit & Discount Bank Recognized for Outstanding Community Service, Receives Pillars of the...

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...

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

Barletta Lead Sponsor of Bipartisan Federal Real Estate Management Reform Bill, Could Save Taxpayers...

The Public Buildings Reform and Savings Act of 2015 Act (H.R. 2322) reforms the General Services Administration (GSA), enabling the agency to better facilitate consolidations, reduce space, and negotiate the best possible office space lease deals to save billions of dollars.

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.

New Research Shows Too Many in Pittsburgh Paying Too Much of their Income in...

The Building Inclusive Communities Work Group, made up of organizations who love Pittsburgh and value its history and diversity, joined the Housing Alliance of Pennsylvania today for the release of “Building Inclusive Communities: A Review of Local Conditions, Legal Authority and Best Practices for Pittsburgh.”

New Agreement for Pitt Workers

400 Property Service workers at the University of Pittsburgh who maintain the school’s buildings and grounds ratified a new three-year contract today. The deal ensures that those hard working men and women will continue to make family-sustaining wages through which they can provide for their families and inject hard-earned dollars into the local community

Congressman Mike Fitzpatrick and Financial Services Leaders Discuss Highlights of Affordable Housing, Community Lending...

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

DCNR to Add 17,000 Acres to Elk State Forest in the Pennsylvania Wilds

Acting Department of Conservation and Natural Resources Secretary Cindy Adams Dunn today announced that the department is adding more than 17,000 acres of wooded land and waterways to the adjacent Elk State Forest with the acquisition of about a 27-square mile property in Norwich and Sergeant townships near the town of Clermont in southern McKean County

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

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.

32BJ SEIU & SEIU Healthcare PA Endorse Jim Kenney For Mayor

32BJ SEIU and SEIU Healthcare Pennsylvania, who combined represent over 47,000 property service and health care workers in Pennsylvania today announced their endorsement of Jim Kenney for Mayor of Philadelphia.

PA Treasury Reminds Employers April 15 is Deadline to File Annual Unclaimed Property Report

Employers play an important role in helping the Pennsylvania Treasury return dormant financial assets and forgotten tangible items to the rightful owners or heirs. The annual deadline for remitting these unclaimed items – April 15 – is fast approaching, and compliance with this state law sets the reunification process in motion.

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PHA To Use On-line Housing Applications For First Time

Philadelphia, PA - March 2, 2010 - (RealEstateRama) -- The Philadelphia Housing Authority announced today it would begin accepting applications for the Housing Choice Voucher Program on-line, through its Web site, pha.phila.gov.

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Mayor William Peduto and PWSA Announce Safe Water Lead Filter Plan

Mayor William Peduto's administration and the Pittsburgh Water & Sewer Authority today announced its additional plans for distributing lead filters to interested City residents, through the Safe Water Program.