Matt Berger, an investment and trust services market manager with Chambersburg-based F&M Trust, recently received an Under 40 in Wealth Management Award from the American Bankers Association.
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Real estate
H&R Block joins Harrisburg SoMa district
H&R Block will open a tax office in the SoMa district of downtown Harrisburg Feb. 1.
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Retail/office building anchored by Ollie’s sells for $15M
An undisclosed investor paid $15 million for the approximately 120,000-square-foot retail/office building at 6295 Allentown Blvd., Lower Paxton Township.
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Guidelines for $100M affordable housing grant open for viewing
The Pennsylvania Housing Finance Agency (PHFA) has posted the final guidelines for the $100 million Housing Option Grant Program aimed at creating or preserving affordable housing.
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Pa. Housing prices drop, sales still down
The Pennsylvania Association of Realtors reports that the median existing home sales price of homes sold dropped 11% from the previous month to $193,792 in December, which is nearly the same as it was a year ago.
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Local home sales continue slowdown
Most counties in central Pennsylvania reported a double-digit drop in home sales in 2022 from the previous year and a double-digit increase in median price.
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New personal care facility to open in Mechanicsburg
A family of realtors is venturing into the personal care business with the opening of Silver Spring Personal Care Home in Mechanicsburg.
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Rhoads Hallmark & Gift Shop closes, toy store to move in
Rhoads Hallmark & Gift Shop in Hummelstown, owned by Dave and Jeanne Lutz for 49 years, has closed.
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People are holding on to homes with low interest rates, slowing market
As interest rates rise, people holding low interest mortgages are staying put, reducing inventory and slowing the market.
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$16M in Q4 sales, Rock Commercial Real Estate reports
Rock Commercial Real Estate, with offices in York and Lancaster, reported $16 million in sales transactions and 435,234 square feet in lease transactions in the fourth quarter of 2022.
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Lebanon affordable housing project sets groundbreaking
Community Homes of Lebanon Valley will hold a groundbreaking 10:30 a.m. Jan. 25 for the much anticipated Canal Street Affordable Housing Project at the intersection of North Seventh Avenue and Canal Street in north Lebanon.
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Trader Joe’s-anchored retail center brings $10 million
Lower Allen Commons, a 17,300-square-foot retail center in Lower Allen Township, sold for $10 million, commercial real estate brokerage firm Marcus & Millichap announced Wednesday.
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IRE names president and COO of IREGC
York-based Investment Real Estate, LLC (IRE) named Christopher Riley as president and COO of the Investment Real Estate Group of Companies (IREGC), effective Oct. 17, 2022.
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Lancaster-based Shops @ Rockvale sold for $30.5 million
The Shops @ Rockvale in Lancaster County have sold for $30.5 million to Fernmoor Homes, Institutional Property Advisors (IPA) announced Friday.
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HDC MidAtlantic names COO
LANCASTER-based HDC MidAtlantic (HDC) has promoted Tammie Fitzpatrick to chief operating officer.
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