Traditions Bank earned record profits in 2020 and 2021. But when interest rates shot up between March 2022 and July 2023, the York-based bank ran into
A joint venture between Lancaster-based Benchmark Real Estate LLC and New York-based real estate investor Regal Ventures paid $22 million for an industrial complex in Bristol Township, Bucks County, about 22 miles northeast of Philadelphia, according to county deed records. The deal was structured as a condominium transaction, meaning each of the complex’s four parcels was recorded as […]
A partnership called 3 South Union Associates LLC paid $300,000 for the former home of Tattered Flag Brewery & Still Works in Middletown, according to county deed records. The roughly 13,000 square-foot property is at 1 S. Union St. in the Dauphin County borough.The new owners plan to lease the space, according to Nik Sgagias, president of Lemoyne-based real estate […]
Kesha Morant Williams has been named vice president of academic affairs at Thaddeus Stevens College in Lancaster. She has more than 15 years of leadership experience in higher education.Morant Williams was most recently the senior adviser for diversity, equity and belonging as well as a professor of humanities and communication arts at Elizabethtown College. She […]
Alicia Titus has been named president and CEO of Londonderry Village, a senior-living community in Palmyra. She succeeds Jeffrey Shireman, who is retiring after more than 20 years with Londonderry. Titus worked most recently as chief experience officer at Messiah Lifeways, a senior-living provider based in Mechanicsburg.Before that, Titus was an executive at LeadingAge PA, a trade association for […]
F&M Trust made several hires and promotions in October.Bret Guttshall joined the Chambersburg-based bank as a residential mortgage hnderwriter. The Carlisle resident was previously a mortgage and home equity underwriting specialist at PSECU and will be based at F&M Trust’s mortgage center in Camp Hill.Dominic Roma has been hired as assistant community office manager for […]
With less than a week before their contract expires, WellSpan Health and UnitedHealthcare remain at odds.If they are unable to reach an agreement by Thursday, WellSpan would become out-of-network for people covered by UnitedHealthcare’s Medicaid, Medicare Advantage and employer-sponsored plans.In a statement, the York-based health system blamed the impasse on UnitedHealthcare’s “unwillingness to find a middle ground on negotiations.”In […]
Life sciences heavyweight GSK is investing up to $800 million into its Marietta-area campus with plans to boost capacity and produce cutting-edge vaccines targeting illnesses like pneumonia and meningitis.The project, described as the British company’s largest-ever investment in U.S. manufacturing, entails construction of a new 300,000 square-foot facility and refurbishment of an existing building, along with the […]
William McLaughlin has been hired as director of marketing for Harrisburg-based law firm McNees Wallace & Nurick.McLaughlin will work closely with firm leadership to establish and execute data-driven marketing and communications plans for the firm and its practices.A Central Pennsylvania native, McLaughlin spent the last 15 years working in various marketing and business development roles […]
State officials yesterday unveiled a pilot grant program designed to fund mixed-use projects with a residential component.State officials see the $10 million program as a first step in addressing the shortage of affordable housing in Pennsylvania, a shortage that is drawing attention at every level of government.Funding is available for preparing sites for development, converting […]
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