Lancaster County boiler maker Burnham Holdings Inc. has shaken off its liability for asbestos claims through what is an increasingly common type of transaction. Under the
A Harrisburg-area office of veterinary practice Animal Hospital of Dauphin County was sold in a lease-back deal to Terramed Real Estate Solutions, a Bala Cynwyd-based real estate investment trust specializing in veterinary, ophthalmology and fertility properties. Practice owner Dr. Rob Sarsfield received just over $1.9 million in equity in Terramed, which owns more than 650,000 square feet […]
Southern Airways, a Dallas-based airline that operates federally subsidized flights out of Lancaster Airport, is getting an extension. The airline’s current subsidies were slated to expire at the end of 2025, but they have been extended through the end of April, according to an order issued Jan. 2 by the U.S. Department of Transportation. The federal […]
Mark Gallo has been named district manager for the Jersey district of Investment Real Estate Group of Companies, a York-based operator of self-storage facilities. Gallo worked previously as district general manager at H&R Block in Lawrenceville, New Jersey, for 19 years, where he oversaw 30 retail offices. For Investment Real Estate, Gallo will oversee operations […]
The new year began without new ownership for LNP Media Group, the Lancaster-based news publisher owned by WITF parent Pennon. Pennon hoped to donate the company to a startup nonprofit called Always Lancaster by the end of 2025, pending approval from the Pennsylvania Attorney General. “To make this transition as smooth as possible as we work through the remaining details, we […]
A nonprofit lender based in Lancaster has landed $45 million in federal tax credits that it will use to kickstart projects around the region. The U.S. Treasury last week named Finanta, formerly Community First Fund, as one of dozens of recipients this year under the New Markets Tax Credit program, which is designed to lure private-sector […]
It was time to sell the donuts — and the honey, the baseball team and the roller coasters. Not to mention the banks, manufacturers and engineering firms, among others, that changed hands over the past year. Local dealmakers faced the usual headwinds in 2025, including relatively high interest rates. But they also had to navigate […]
State regulators are crafting guidelines designed to address one of the chief risks of the data center construction boom — that Pennsylvania residents and businesses get stuck with a hefty tab for building out the substations and power lines that feed electricity to the centers. The guidelines, proposed by the Pennsylvania Public Utility Commission, are currently […]
Lititz-based S&S Singh Partners paid $6.2 million for Ephrata Commons, a 54,810-square-foot shopping center at 385 N. Reading Road in Ephrata, according to county deed records. The seller was an affiliate of New Jersey-based Heidenberg Properties, which paid $6.1 million for the center in 2016, according to county deed records. Heidenberg was represented by Chris Munley, Colin Behr, […]
Ryan Harshman and Matt Harvey. They have been named principals at regional accounting firm Brown Plus. Harshman, based in the firm’s Frederick, Maryland, office, was an audit senior manager. He is now an audit principal. He has a bachelor’s degree in accounting and finance from the University of Maryland. Harvey works remotely from Milwaukee, Wisconsin, and […]