Archives
Governor Wolf Announces Funding for Redevelopment of Crane Iron Works Site in Lehigh County
Governor Tom Wolf announced new funding for the redevelopment of the former Crane Iron Works site located in Catasauqua, Lehigh County. The more than 12-acre property will be developed into a mix of commercial, residential, and public uses.
Governor Wolf Announces Remediation and Assessment of Former Industrial Site
Governor Tom Wolf announced two new approvals through the Industrial Sites Reuse Program (ISRP) that will clean up a former industrial site in York County and assess the environmental condition of a former Northampton County site to prepare them for occupation by businesses and residential properties.
The Boulder Group Arranges Sale of Net Leased Fresenius Medical Care Property
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Fresenius Medical Care property located at 390 E Penn Drive in Enola, Pennsylvania for $1,930,000.
Pa Treasurer Torsella Warns of Possible Unclaimed Property Scams
ennsylvania Treasurer Joe Torsella today warned of a surge in unclaimed property scams targeting victims through fake letters and emails in which scammers portray themselves as National Association of Unclaimed Property Administrators (NAUPA) or state Treasury representatives.
The Boulder Group Arranges Sale of Net Lease Arby’s Restaurant Property
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net lease Arby’s Restaurant located at 3710 Easton Nazareth Highway in Easton, Pennsylvania for $1,700,000. More...
Four housing leaders honored during PHFA’s Housing Forum
The Pennsylvania Housing Finance Agency today recognized four leaders in the affordable housing field during its biennial Housing Forum at the Hilton Harrisburg.
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
