Archives

Mt. Laurel, NJ - August 15, 2011 - (RealEstateRama) -- Metro Commercial Real Estate, Inc. is pleased to announce that Lars Kerstein has joined the company, where he will expand the firm’s presence in Center City Philadelphia.

BRISTOL, PA - August 1, 2011 - (RealEstateRama) -- National Honey Almond, Inc., a wholesale distributor of fine cigars and a long-term client of commercial real estate services firm Cushman & Wakefield, Inc., has acquired a new headquarters property at 247 Rittenhouse Circle in Bristol. Gerry Blinebury, Brian Hilger and Leah Balerno, industrial specialists in Cushman & Wakefield’s Philadelphia office, orchestrated the $1.7 million transaction

PHILADELPHIA, PA - July 15, 2011 - (RealEstateRama) -- Private equity real estate group Tryko Partners, LLC of Brick, N.J., has acquired a West Philadelphia property recognized as the nation’s first retirement community. The $8 million purchase includes age-restricted rental housing at Kearsley Apartments and Kearsley Square, and skilled nursing services at Kearsley Long Term Care. The Kearsley campus had been part of the NewCourtland Network since 2004.

Beacon Commercial Real Estate - July 6, 2011 - (RealEstateRama) -- Taylor Young of Beacon Commercial Real Estate, LLC represented the landlord, BioMed Realty Trust, Inc., in leasing 11,185 square feet of office space to Ferrandino & Son, Inc. at 2600 Eisenhower Avenue, Valley Forge, Pennsylvania.

HARRISBURG, PA - June 30, 2011 - (RealEstateRama) -- Wondering where your property tax or rent rebate payment is? State Treasurer Rob McCord provided an answer today when he said Treasury will issue approximately half a million payments totaling $240 million to Pennsylvanians on July 1.

ERIE, PA - June 22, 2011 - (RealEstateRama) -- Pennsylvania Treasurer Rob McCord – seeking to reunite more than $650,000 in unclaimed property with the state’s K-12 schools – visited the Erie City School District today to return over $20,000 to administrators there, and he said the returned money should be used to help preserve educational opportunities in challenging economic times.

PHILADELPHIA, PA - June 21, 2011 - (RealEstateRama) -- Gennaro Rauso, 47, of Trenton, NJ, was sentenced today to 160 months in prison for several mortgage fraud related charges, announced United States Attorney Zane David Memeger. Rauso owned and operated a real estate management company—D&B Property Investors—that purported to help financially distressed homeowners with their foreclosure problems

HARRISBURG, PA - June 8, 2011 - (RealEstateRama) -- The Steel City will become Gotham City when filming for “The Dark Knight Rises” begins this summer in Pittsburgh. To welcome Batman to the Commonwealth, State Treasurer Rob McCord today highlighted Pennsylvanians in Treasury’s unclaimed property database with names straight out of Gotham.

PITTSBURGH, PA - May 24, 2011 - (RealEstateRama) -- A resident of Richland Township, Pennsylvania has been sentenced in federal court to 27 months in prison and two years of supervised release on his conviction of wire fraud conspiracy, United States Attorney David J. Hickton announced today.

Wilkes-Barre, PA - May 5, 2011 - (RealEstateRama) -- As part of its exclusive representation for Gap Inc., Metro Commercial announced today that it has brokered a new lease for a Banana Republic Factory Store in Wilkes-Barre, PA.

NEW YORK, NY - April 4, 2011 - (RealEstateRama) -- The Federal Reserve Bank of New York today released Help for Unemployed Borrowers: Lessons from the Pennsylvania Homeowners’ Emergency Mortgage Assistance Program, the latest article in its Current Issues in Economics and Finance series from the Research and Statistics Group.

BLUE BELL, PA - April 4, 2011 - (RealEstateRama) -- With minimum bids starting at just $75,000, 36 two- and three-bedroom condominiums in Blue Bell, Pa., that had previously been on the market for as much as $301,400 are set to go on the auction block in April.

PHILADELPHIA, PA/TEANECK, N.J. - March 30, 2011 - (RealEstateRama) -- For both energy conservation and economic reasons, Thomas Jefferson University and Hospital, one of the largest healthcare groups in the Philadelphia region, set the goal of reducing its lighting energy consumption by at least 30% without sacrificing illumination quality. To accomplish that - and much more, Jefferson partnered with Encelium Technologies, the manufacturer of the Energy Control System™ (ECS). Encelium customized its innovative lighting control and energy management solution for Jefferson, which has more than 4 million square feet of clinical, research, teaching and housing property.

HARRISBURG, PA - March 23, 2011 - (RealEstateRama) -- State Treasurer Rob McCord today announced that the Pennsylvania Treasury will offer a webinar series to help employers understand and prepare for their statutory responsibility to report unclaimed property to Treasury by April 15 of each year

HILLSBOROUGH, N.J. - March 10, 2011 - (RealEstateRama) -- Tilghman Square, the neighborhood shopping center located at the intersection of West Tilghman Street & Broadway in South Whitehall, PA, has welcomed two new retail tenants

Darby, PA (Delaware County) - March 9, 2011 - (RealEstateRama) -- Metro Commercial Real Estate, Inc., the region’s premier full-service retail real estate company, has negotiated four new leases totaling 33,113 SF at the new Darby Town Center, 150 South MacDade Boulevard in Darby, PA

EUGENE, OR - February 21, 2011 - (RealEstateRama) -- IDX Broker software has revolutionized the search capabilities on real estate professional Nancy Unangst's website, thanks to the partnership between IDX, Inc. and the Lehigh Valley MLS (LVMLS). Unangst's custom IDX solution now extracts raw listing data from the LVMLS, seamlessly integrating and displaying thousands of property listings directly onto the search page she hosts. Finding a home online online in Allentown, Pennsylvania and the surrounding areas has never been easier!

PITTSBURGH, PA - February 2, 2011 - (RealEstateRama) -- The 2,200-member REALTORS® Association of Metropolitan Pittsburgh (RAMP) celebrated the beginning of its 100th year of serving the real estate needs of our area’s families and businesses with the installation of its 2011 officers. More than a hundred real estate industry leaders gathered for a ceremony and elegant reception on January 14, 2011 at The Frick Art & Historical Center in Point Breeze

Conshohocken, PA - January 21, 2011 - (RealEstateRama) -- Three new retailers have joined the world-class lineup at Suburban Square in Philadelphia’s Main Line suburb of Ardmore, PA.

Conshohocken, PA - January 17, 2011 - (RealEstateRama) -- Metro Commercial Real Estate, Inc. is pleased to announce that industry veteran Roy Perez-Daple has joined the company, where he will expand the firm’s national retailer advisory services as well as pursue strategic landlord opportunities.