Lampeter
Lampeter, PA · Real Estate
rhscommoner.com
Baltimore Foreclosure Wave Tied to DSCR Loans Draws Scrutiny as Local Landlords Amass More Than 700 Homes and $100 Million in Borrowed Cash
BALTIMORE, MD — A new kind of mortgage is spreading quickly through the country, and it is showing up most sharply in Baltimore’s distressed rowhouse neighborhoods. The loans are being marketed as fast and simple, with Wall Street channeling billions of dollars into them in recent years. But...
PennLive.com
2 central Pa. real estate firms merge
Two Realty One Group franchises in south-central Pennsylvania are merging. The unified brokerage will boast a team of more than 100 real estate professionals serving home buyers, sellers, and investors across Lancaster, York, and the surrounding counties, the company said. The merger took place on Sept. 3. Terms of the...
PennLive.com
Historic inn in central Pa. listed for $1.25 million
A historic central Pennsylvania inn is listed for $1.25 million. On Tuesday, The Conewago Inn owners, Tom and Sharon Roberts, are retiring and selling the propertyand selling the property at 3480 York Haven Road in Manchester, York County. “They do not take this decision lightly, as they have poured their...
PennLive.com
Lego store, baseball academy and other real estate moves in central Pa.
An eight-building complex in East Pennsboro Township that includes 13 apartment units and 32 townhouses was sold. A baseball academy leased space at the Park City Center in Lancaster. And a 17,900-square-foot shopping plaza in Lower Paxton Township was sold. Those are just some of the commercial real estate sales...
baltimorefishbowl.com
Dan Rodricks: What’s next for historic Sagamore Farm?
One recent evening, just before sunset, a friend and I decided to swing by Sagamore, the beautiful and historic horse farm in Baltimore County up for sale at $16.5 million. It would be great, I thought, if some billionaire bought the place and kept it equestrian. But before I go...
marejournal.com
WCRE closes more than 200,000 s/f across nine notable Greater Philadelphia transactions
MARLTON, NJ — Wolf Commercial Real Estate (WCRE | CORFAC International) recently completed more than 200,000 s/f of notable sales and lease transactions across Southern New Jersey and Philadelphia, highlighting continued activity across the region’s office, healthcare, industrial, investment and special-purpose real estate sectors. The transactions span both...
morethanthecurve.com
Update on proposed townhouses proposed for riverfront in Conshohocken
On September 3rd, MoreThanTheCurve.com reported on a sketch plan that Rockwell Development Group had submitted involving 150 townhouses for 501 Washington Street in Conshohocken (Whitemarsh Township). On September 9th, MoreThanTheCurve.com received an email from a representative of Rockwell stating that there were two mistakes on the submitted sketch plan and that the correct number of homes was 64, not 150. The second correction was that the townhouses are stacked, which the developer believes qualifies it as a multifamily development. We also received a rendering (pictured at the top), a new sketch plan, and a floor plan.
vpm.org
The loan at the heart of a new foreclosure crisis
There is a new type of loan that is sweeping through the country right now. It’s advertised as a super quick and super easy way to get a mortgage to buy a home. In recent years, Wall Street has been funneling billions of dollars into these loans. But these...
PennLive.com
Former Penn State star plans to convert old Harrisburg offices into apartments
A former Penn State star plans to convert two vacant office buildings in Dauphin County into apartments. Adam Breneman and his company, Breneman Commercial Properties, submitted a land development plan for the project. The developer proposes converting the office buildings into apartment buildings with 38 studio, one- and two-bedroom apartments...
morethanthecurve.com
Conshohocken office building has new owner
The 40,373-square-foot office building at 125 East Elm Street in Conshohocken has been sold for $11,100,000, according to Montgomery County property records. The office building, which was branded SORA East, was owned by an entity associated with Keystone Development + Investment. It was sold to an entity associated with Patriot Financial Partners, a private equity firm focused on investing in community banks, thrifts, and financial services-related companies in the United States, which is currently based in Radnor.
PennLive.com
hoodline.com
Bridgeport Car Dealership Fire Marks Second Auto Shop Blaze in Under a Year
Fire crews swarmed a car dealership in Bridgeport, Montgomery County Monday evening after flames broke out at PA Imports Auto Sales around 5:10 p.m. Two people were hospitalized after the fire, though their conditions were initially unavailable, and the fire remains a developing situation. The blaze is burning at PA...
baltimorebrew.com
Secret meetings that positioned Harborplace project for a tax break broke Maryland’s Open Meetings law, news organizations say
Baltimore Business Journal and Baltimore Brew have filed a complaint with the state about closed-door meetings leading up to approval of a hefty PILOT tax break for developer David Bramble’s MCB Real Estate. Until it was disclosed in an upbeat but vague press release, the public had no idea...
adventuresincre.com
Case Study #17 – Windsor Crossing: An Industrial Development (Case Study + Solution)
For our 17th case study, we turn to a merchant industrial development in the Lebanon Valley, one of the mid-Atlantic’s most active distribution corridors. This Windsor Crossing case study places you in the role of Alex Morgan, an investment analyst in the Northeast office of Meridian Industrial Partners (“Meridian”), a fictional national developer of warehouse and distribution properties.
savvymainline.com
Downtown Berwyn’s blight is finally on its way out
Alas, a light at the end of a long, tortured tunnel in Berwyn. That big, fat patch of U-G-L-Y in the heart of the village is going bye-bye — and a three-story, mixed-use complex with more than 100 apartments and ground-floor retail will soon rise from the cyclone-fenced rubble.
CNBC
The investors racing to cash in on the AI boom
Investors are spending billions of dollars buying up land in hopes of developing it into data centers or other AI infrastructure. The buildout is impacting communities across the country, sparking confrontations between tech companies, developers, local governments and residents. CNBC traveled to Lancaster County, Pennsylvania and Boise, Idaho to learn more about the real estate bet behind the AI boom.
Yahoo!
New apartments aim to give Chester teachers, young professionals more housing options
A new housing option is coming to the heart of Chester as city leaders look to fill what they say is a growing need for more rental housing. The new apartment development at the corner of Main Street and Wylie Street will offer one- and two-bedroom units, with teachers and young professionals among the target audience. For people who may not be ready — or able — to purchase a home, city leaders say the development could provide another option.