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
The assets of SpiriTrust Lutheran are heading to the auction block after the regional senior housing provider filed for bankruptcy protection in November. The York-based nonprofit has reached a tentative agreement to sell its senior living campuses and apartments to Concordia Lutheran Ministries, a senior living provider based in Butler County. SpiriTrust operates six retirement campuses and three […]
Entrepreneur Abby Shank began developing a tiny home community near Elizabethtown in 2017 at the dawn of what became one of the hottest trends in residential real estate. Nearly a decade later, the 73-home Tiny Estates LLC community in Mount Joy Township has a new owner. A New Jersey-based partnership called Tiny Estates Lancaster LLC paid $6.1 million last […]
A York-area warehouse with several tenants changed hands this week at a price of $13.2 million. The seller was an affiliate of Stewart Properties, part of the York-based Stewart Companies group. The buyer was Opes Capital, a Camp Hill-based real estate investment fund that formed at the beginning of 2025. The off-market deal was facilitated by Michael Curran, president and […]
One of the West Shore’s largest apartment complexes has changed hands. York-based property manager The Apartment Gallery has acquired The Overlook, a 288-unit complex at 150 Erford Ave. in East Pennsboro Township, Cumberland County. “Multifamily is always a stable investment opportunity, especially in high barrier- to-entry markets like Central Pennsylvania with good workforce fundamentals,” said Mike Maxwell, […]
Developers are applying for state funds to upgrade some of the capital region’s largest underused buildings. They include an idled steel mill in Steelton and two vacant office towers in downtown Harrisburg — former state offices at 333 Market St. and the former federal building at 228 Walnut St. The state funds would come through […]
Lancaster city residents voiced cautious optimism about proposed rules regulating data centers within the borders of one of the region’s most populous municipalities. But they worried the new zoning regime would be too late to govern data center proposals already on the table for the city. “I’m very happy to see the direction we’re heading […]
After dodging the auction block in July, the former Bishop McDevitt High School in Harrisburg is once again facing a sheriff’s sale. The sale is scheduled for the morning of Oct. 16, according to legal filings and the Dauphin County sheriff’s office. The sheriff’s office initially scheduled a sale in July. But it was postponed. At the […]
After years with sellers in charge, the local residential real estate market is slowly regaining its balance, a shift underscored by recent data on home sales. The numbers for August show steady growth in the number of homes on the market and a slowing pace of price increases. “This is probably the best balance we’ve […]
A partnership affiliated with Daryl Heller, the business owner charged with defrauding investors in an ATM network, has unloaded office space in downtown Lancaster. In a court-approved transaction, Premier Prince Street LLC sold just over 16,000 square feet of office space at 415 N. Prince St. for $2.8 million, according to York-based ROCK Commercial Real Estate. ROCK agent Patten […]