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Category: Real Estate

Real Estate

Capital-area farmland sold. Data centers could follow.

A company that develops data centers is doubling down on the Harrisburg area. Last summer, Dallas-based Provident Realty Advisors agreed to pay $45.6 million for the Dauphin Highlands Golf Course, a 228-acre property west of Route 283 in Swatara Township and Steelton where Provident is expected to build data centers.   In late January, the company paid $50 million […]

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Real Estate

Carlisle-area warehouse fetches nearly $142M

One of the biggest warehouses in Cumberland County has changed hands. An arm of California-based investment firm PCCP LLC paid $141.6 million for a 1.2 million-square-foot building at 3419 Ritner Road off Interstate 81 in West Pennsboro Township, according to real estate firm JLL, which represented the seller, an affiliate of Radnor-based Exeter Property Group.  Exeter paid $85 million for […]

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Real Estate

Area mobile home parks fetch millions of dollars

A trio of Lancaster County mobile home parks changed hands over the past month in deals totaling more than $20 million. A Florida-based investor called Nebula Realty Trust sold parks in Earl and Penn townships for a combined $14.55 million, while a Conestoga-based partnership sold a Providence Township park for nearly $6.9 million, according to county deed […]

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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 […]

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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. […]

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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 […]

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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 […]

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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 […]

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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 […]

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