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West Manchester Mall sold to Texas investors
A Texas-based investment group with 2 million square feet of commercial space in its portfolio — mostly in the South — has purchased the West Manchester Mall in York County.
RealtyTrac reports 41% increase in Pa. foreclosure activity for August
California-based RealtyTrac has reported a 41 percent increase in foreclosure activity in Pennsylvania in August in a year-over-year comparison and that deferred foreclosure activity “boiled over” in several states.
Stahr Center tenants seek new homes
Pennsylvania's Department of Labor & Industry has given the organizations located in Lancaster's Stahr Center until Oct. 2 to wrap up business operations there.
In brief: Bennett Williams ends affiliation with Coldwell Banker Commercial
Midstate firm Bennett Williams Realty Inc. has decided to end its affiliation with Coldwell Banker Commercial and is now doing business as an independent, the company said.
Foreclosure activity remains an issue
Despite billions of dollars in reported consumer relief through a national mortgage settlement, foreclosure activity remains high in parts of Central Pennsylvania, with no clear sign of slowing down.
Midstate senator proposes city redevelopment bill
Pennsylvania Sen. Lloyd Smucker, who represents parts of York and Lancaster counties, proposed a bill today that would allow third-class cities to jumpstart economic revitalization and redevelopment.
Report: Midstate borrowers continue to regain positive equity
While mortgage conditions are improving in much of the midstate, the York-Hanover area took a step back in the second quarter, according to California-based real estate research firm CoreLogic.
Second and State ribbon-cutting set for Wednesday
Harrisburg-based WCI Partners LP will hold a ribbon-cutting ceremony Wednesday for its $7 million Second and State building, located in the heart of the capital city's downtown about a block from the state Capitol.
RAYAC: Home sales up in Adams, York counties through August
The number of homes sold in Adams and York counties through August is up compared with the first eight months of 2011, but the median sales prices in each county have declined slightly, according to the Realtors Association of York & Adams Counties Inc.
RioCan, Cedar Realty dissolve joint real estate venture
Dissolution of a joint real estate venture will give RioCan Real Estate Investment Trust full ownership of several local commercial properties.
In brief: Lancaster housing market continues to strengthen
The Lancaster County housing market has grown by 13.7 percent through July compared with the same period a year ago, according to the Lancaster County Association of Realtors.
