Subscribe to our newsletters!

Category: Real Estate

Nonprofit

Lancaster nonprofit buys apartments in bid to expand supply of affordable digs

As part of an effort to create and preserve affordable housing in Lancaster County, a startup nonprofit has acquired Stonecreek Court, a 60-unit apartment complex in Ephrata Township. It is the first acquisition for the nonprofit, Lancaster Housing Works, which is backed by a $10 million commitment from the Lancaster-based High Foundation.  The apartment complex was […]

To access this post, you must purchase biznewsPA Subscription or biznewsPA Team Subscriptions.

Read More »
Nonprofit

York nonprofit to consolidate operations in new building

York-based human services agency Community Progress Council plans to pay $2 million for the current home of the York County Economic Alliance in York, where the nonprofit aims to centralize services. The nonprofit, known as CPC, currently has its main office and operates early childhood education programs at a former elementary school at 226 E. College Ave. […]

To access this post, you must purchase biznewsPA Subscription or biznewsPA Team Subscriptions.

Read More »
Legal

NJ operator mulls bid for senior living campuses in Central PA

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 rising costs and declining revenue. The potential bidder is Lutheran Social Ministries of New Jersey, which has been managing SpiriTrust’s campuses under an agreement inked in February 2024, according to court […]

To access this post, you must purchase biznewsPA Subscription or biznewsPA Team Subscriptions.

Read More »
Nonprofit

Bankrupt senior living provider eyes $41M asset sale

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 […]

To access this post, you must purchase biznewsPA Subscription or biznewsPA Team Subscriptions.

Read More »
Real Estate

Pioneering tiny home development in Lancaster County sold

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 […]

To access this post, you must purchase biznewsPA Subscription or biznewsPA Team Subscriptions.

Read More »
Real Estate

Camp Hill fund buys York-area warehouse

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 […]

To access this post, you must purchase biznewsPA Subscription or biznewsPA Team Subscriptions.

Read More »
Real Estate

York firm scoops up West Shore apartments

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, […]

To access this post, you must purchase biznewsPA Subscription or biznewsPA Team Subscriptions.

Read More »
Government

Money sought for high-profile Harrisburg-area projects 

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 […]

To access this post, you must purchase biznewsPA Subscription or biznewsPA Team Subscriptions.

Read More »
Government

City residents receptive to data center rules

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 […]

To access this post, you must purchase biznewsPA Subscription or biznewsPA Team Subscriptions.

Read More »