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Changing spaces 09.13.24
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Statewide venture fund makes first investments
Four months after taking the field, a statewide venture fund is taking its first shots. The so-called GO PA Fund
Edtech startup hires revenue chief
TEAMology, an education technology startup based in Chambersburg, has hired Gretchen Thompson as its first-ever chief revenue officer, where she
Growing Lititz firm adds minority investor
The Benecon Group, has sold a minority stake to the private equity arm of New York-based investment giant Neuberger Berman. The
Doceo leader talks succession, expansion
When John Lewis interviews younger job applicants these days, he fields questions he did not typically hear a decade ago.
Deal could take Lanco tiny-home firms public
A tiny-home startup in Lancaster County is poised for the big time. A publicly traded shell company has agreed to
Realty startup focuses on second-chance renters
Chris Dreisbach believes in second chances. He has made the most of his after succumbing to substance-use disorder and landing
PA STARTUP TAPS INTO THE POWER OF HOME INSPECTIONS
Home inspectors gather reams of information as they poke around houses that are about to change hands. In some cases,
New PA venture fund in the works
Two regional venture capital firms are joining forces to raise a new investment fund that will funnel early-stage capital to
VC firms land government funding
State officials are directing federal funds toward venture capital firms they hope can jumpstart early-stage tech companies in Pennsylvania. What
Hotel company Hersha poised to go private
A publicly traded hotel company founded in Harrisburg is going private in a deal valued at roughly $1.4 billion. The
Legal
Employment provision under scrutiny in PA
Noncompete clauses were the focus when federal regulators moved to outlaw most of them earlier this year. But there are
Mixed ruling allows York County winery to reopen
The legal roller coaster continues for a York County winery fighting with neighbors over its ability to continue operating. In
Apartment owner claims Harrisburg hampering bankruptcy sale
Harrisburg officials are allegedly hindering the sale of a beleaguered apartment complex in the city’s uptown neighborhood, according to claims
York County winery facing new orders to close
A York County winery overlooking the Susquehanna River is being forced to close for the second time this year following
Harrisburg law firm hires first-ever finance chief
McNees, a regional law firm based in Harrisburg, has named Sara Reohr as its CFO, a new leadership role for
Court order allows winery to reopen amid land-use dispute
Moon Dancer Vineyards & Winery is poised to reopen this weekend following a court order rescinding an earlier ruling that closed
Land-use fight shutters York County winery
Moon Dancer Vineyards & Winery, a winery and event venue overlooking the Susquehanna River in Lower Windsor Township, York County,
Feds sue PHEAA over loan-servicing practices
In a lawsuit filed May 31, a federal consumer watchdog is alleging that the Harrisburg-based Pennsylvania Higher Education Assistance Agency
Real Estate
Deal for Lanco tiny-homes startup changes shape
The potential buyers of a Lancaster County-based tiny-homes company are taking a new tack. Chase Packaging Corp., a New Jersey-based
Harrisburg office complex sold to Philly-area firm
When Penn Center Harrisburg hit the market in summer 2022, the asking price for the three-building complex was $22 million.
How realtors may adapt to a changing landscape
Over the last few weeks, real estate agents have begun bracing for the end of a common practice in home
Another delay in sale of Harrisburg apartments
It could be another four weeks before a bankruptcy court decides the fate of the beleaguered Governor’s Square apartment complex
Nonprofit shedding senior-living operations
A regional nonprofit is poised to spin off its senior-living operations to a larger peer based in Missouri. The players:
Small housing group aims for bigger impact
About a dozen years ago, several members of East Chestnut Street Mennonite Church in Lancaster banded together to start a
Court extends time for bankruptcy sale of Harrisburg apartments
A court hearing on the bankruptcy sale of Governor’s Square apartment complex in uptown Harrisburg had been scheduled for Feb.
Feds object to bankruptcy sale of Harrisburg apartments
Federal housing officials are objecting to the proposed sale of Governor’s Square, a beleaguered Harrisburg apartment complex whose owner declared
Discount retailer buys former Big Lots leases
Ollie’s Bargain Outlet Holdings is scooping up leases for seven former locations of its bankrupt rival, Big Lots. The stores include
Credit union to move Harrisburg branch to West Shore
PSECU is seeking permission to relocate its branch in Strawberry Square in downtown Harrisburg to a former FNB branch at 1249 Market St.
Harrisburg-area mall sold for $8.8M
A Massachusetts-based developer is acquiring the Colonial Park Mall, an aging retail complex that local officials hope to see rejuvenated.
Agency in deal to buy former Carlisle factory
A Cumberland County agency has taken another step toward the purchase of a Carlisle factory that shut down last year.
Regional real estate player buys Shippensburg firm
Regional real estate firm Berkshire Hathaway HomeServices Homesale Realty has scooped up Sailhamer Realty, an eight-person firm in Shippensburg. Terms of
Harrisburg seeks dismissal of apartment owner’s bankruptcy case
The city of Harrisburg is asking a federal court to dismiss the bankruptcy case of Uptown Partners LP, the Maryland-based owner