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Changing spaces 09.30.24
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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
Rules on licensing for ex-convicts near finish line
State regulators have tweaked regulations that modify the professional licensing process for people with criminal backgrounds, following stiff pushback from
Lebanon judge backs vote against solar project
A Lebanon County judge has sided with a North Annville Township decision shooting down developers hoping to plant a roughly
Lancaster takes aim at township over stormwater
In a lawsuit filed this month, Lancaster city is accusing a neighboring township of not doing enough to prevent stormwater
Harrisburg’s Nauman Smith absorbed by larger law firm
One of Harrisburg’s oldest law firms is winding down. Five attorneys and a team of administrative professionals from 152-year-old Nauman Smith
State court backs developer in warehouse spat
A state appeals court has sided with a local developer aiming to build a warehouse complex in Swatara Township, Dauphin
Court voids price guide for workers’ comp drugs
A state court has shelved the Red Book, a compendium of wholesale drug prices that state officials routinely use to
UPMC sued for allegedly misclassifying workers
UPMC is facing a class-action lawsuit filed by a respiratory therapist who claims she was misclassified as an independent contractor when
New CEO, new partners for area law firms
Local law firms are starting the new year with new attorneys in their top ranks. And one even has a
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