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
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 […]
A second suitor is eyeing a bid for the assets of SpiriTrust Lutheran, a York-based nonprofit senior living provider that filed for bankruptcy in November amid rising costs and declining revenue. The potential bidder is Lutheran Social Ministries of New Jersey, which has been managing SpiriTrust’s campuses under an agreement inked in February 2024, according to court […]
Gordon Roder has been named treasurer of Lancaster-based Fulton Bank. Roder previously held leadership roles at Third Federal Savings & Loan, Flagstar Bank and ABN AMRO. Roder will oversee Fulton’s corporate treasury and asset liability operations and guide the bank’s management of market and liquidity risks while advancing its long-term growth strategy. His hiring is not the only executive […]
Camp Hill-based LinkBancorp opened in 2018 following a round of consolidation that took out several banks in Central Pennsylvania. Now, with bank mergers again on the upswing, LinkBancorp is on the sell side. Alexandria, Virginia-based Burke & Herbert Financial Services Corp. has agreed to buy the bank in an all-stock deal valued at $354.2 million. The transaction, expected […]