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Changing spaces 09.13.24
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People
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
Manheim seeks dismissal of Lancaster stormwater suit
Manheim Township is firing back against a lawsuit aiming to hold it responsible for problems with the sewer system in
Lawsuit stakes claim to Live tour proceeds
For more than a year, singer Ed Kowalczyk has been touring under the banner of Live, the platinum-selling rock band
Power-line developer notches victory as legal fight plows ahead
The legal fight continues over high-voltage power lines that would run through southern York and Franklin counties. The chief issue is whether
Court OKs lawsuit over solar hookups
A state court has handed a preliminary legal victory to a business owner in a fight over the cost of
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.
AG: “Sham” internet provider targeted rural York
A locally based company allegedly broke state law by reselling internet service in what the state attorney general described in
High court rules in dispute over PA wage law
Pennsylvania’s top court has backed a lower court’s decision in a closely watched case involving application of the state’s prevailing
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
Real Estate
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
Middletown-area warehouse sells for $170.5M
In one of the largest commercial deals in the region this year, a real estate investment trust paid $170.5 million
Former Harrisburg law office headed for residential conversion
A New York City investor has acquired a former law office on North Front Street in Harrisburg and plans to
Financing is among ‘biggest challenges’ for Lancaster rehab
Business owner Jared Mizrahi is planning a $5 million makeover of a mixed-use property in downtown Lancaster. He just needs
York-area Sheetz site changes hands
The site of a future Sheetz store in York County sold at the end of July for a price of just over
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