Lemoyne-based insurance and benefits agency Gunn-Mowery is expanding its footprint in York CountyThe firm has acquired Central Penn Benefits, an insurance and benefits agency in West Manchester Township,
Shippensburg Marketplace Owner LLC purchased 59,865 square feet of retail space at 397 Baltimore Road, Shippensburg, from ARG SMSHPPA001 LLC. Abe Khan, Brad Rohrbaugh and Chad Stine of Bennett Williams Commercial represented the seller.Salunga Properties LLC purchased 43,956 square feet of industrial space at 99 Elmwood Ave., Landisville, Lancaster County, from Elmwood Properties LP. Joshua […]
LinkBancorp is selling its newly acquired operations in South Jersey for an after-tax gain of about $10.5 million, according to LinkBancorp CEO Andrew Samuel. The buyer is Philadelphia-based American Heritage Federal Credit Union, which has more than 310,000 members and assets of more than $4.8 billion.Expected to close in the second quarter of this year, the […]
A new twist is complicating the bankruptcy case of Uptown Partners LP, the Maryland-based owner of Governor’s Square apartment complex in Uptown Harrisburg. The company managing the affordable-housing complex, Landex Management LLC, is asking the court to void its contract with Uptown Partners, arguing that the owner is not providing enough resources to manage the beleaguered property effectively.Uptown, […]
The Pennsylvania Supreme Court decided this week not to accept an appeal from Gratz Borough over a lower-court ruling that favored a company seeking to develop a solar farm in the northern Dauphin County municipality.The appeal followed a Commonwealth Court ruling last fall that the borough failed to properly advertise a meeting where it set stricter zoning standards for […]
Catherine Eisel has been named chief risk officer of LinkBancorp and its banking subsidiary LinkBank. Eisel had been deputy chief risk officer for the Camp Hill-based company.Before joining LinkBank, Eisel worked at the Federal Deposit Insurance Corp. The resident of Arlington, Virginia, earned a bachelor’s degree in economics and business from Cornell College in Mount […]
Harrisburg University of Science and Technology failed to make a monthly loan payment on May 1 in default of its loan agreement, according to a disclosure last week to its bondholders.Under the agreement, monthly payments to the bond trustee roll up into semiannual payments on interest and principal on the university’s bonds.Those semiannual payments are still being […]
Helen Badman has joined accounting and advisory firm Brown Plus as an employee specialist. She brings over 20 years of experience in HR and recruitment. A graduate of Penn State University, Badman works at the Brown Plus office in Camp Hill.Makaloba “Mak” Barandao has been hired as an audit senior associate, specializing in accounting and auditing services. […]
A buyer with a growing portfolio of Pennsylvania shopping centers has added another one.A partnership led by Leo Ullman of New York-based retail developer Vastgood Properties paid $6.63 million at the end of April for Shippensburg Marketplace, according to Brad Rohrbaugh, executive vice president and retail director for York-based Bennett Williams Commercial.Rohrbaugh and Bennett Williams […]
Kyle Burlage has been named a senior investment analyst for the York-based Investment Real Estate Group of Companies, which operates the Moove In Self Storage chain of self-storage facilities.Burlage will be responsible for analyzing past performance and modeling future potenial acquisitions. He will report to the company’s CFO, Jack Fritsche.
Central PA’s Source for Business News Online.