06/19/2013 - ITRA Global Study Reveals the Importance of Oil & Gas Industry to Pittsburgh Real Estate Market
Carrie S. Holstead, President and CEO of Carrie S. Holstead Real Estate Consultants, Inc. and the Pittsburgh affiliate of ITRA Global, has released a study which documents the critical role that Marcellus and Utica Shale play on commercial real estate in the Pittsburgh, Pennsylvania area. (PRWeb June 19, 2013) Read the full story at http://www.prweb.com/releases/2013/6/prweb10846694.htm
|
06/04/2013 - Ahold helps Pa. win ‘Silver Shovel’ award
Area Development Magazine, a national publication specializing in corporate real estate, has recognized Pennsylvania with a “Silver Shovel” award for job creation and economic growth in 2012.
|
05/06/2013 - PREIT Closes Common Share Offering
Pennsylvania Real Estate Investment Trust today closed the previously announced underwritten public offering of 11,500,000 of its common shares of beneficial interest, including the fully exercised option granted to the underwriters to purchase an additional 1,500,000 common shares, at $20.00 per share.
|
05/06/2013 - PREIT Reports Revised 2013 Guidance Following Public Offering
Pennsylvania Real Estate Investment Trust is revising its estimates of 2013 Funds from Operations , FFO as adjusted and net income per diluted share to give effe
|
05/01/2013 - PREIT Prices Common Share Offering
Pennsylvania Real Estate Investment Trust today announced that it has priced an underwritten public offering of 10,000,000 of its common shares of beneficial interest at $20.00 per share.
|
04/28/2013 - Business Workshop: No need to disclose 'psychological' property defects
A Pennsylvania court has ruled that a seller of real estate does not have to disclose that a violent crime occurred on the property.
|
04/24/2013 - Buying or selling a house in Central PA? Seek top tips from the experts in fast-changing local real estate market
With spring here, the housing market in Central Pennsylvania could be about to heat up. Learn the new rules of real estate from the local experts. The old, recession-written rules of real estate might be changing.The standby of coming in with a low-ball offer could be a thing of the past.
|
04/19/2013 - DVHS is selling its Bucks campus
The campus of a Bucks County alternative-education program being investigated by Pennsylvania authorities has been put on the real estate market.
|
04/18/2013 - PREIT Closes $400 Million Unsecured Credit Facility
Pennsylvania Real Estate Investment Trust has entered into a new Credit Agreement moving from secured to unsecured with increased borrowing capacity, reduced interest rate spreads, an extended term and compressed capitalization rates utilized for determining leverage .
|
04/17/2013 - PhillyInc: PREIT now controls three blocks on Market Street
Pennsylvania Real Estate Investment Trust now controls three blocks on Market Street in Center City. Vornado Realty Trust, of Paramus, N.J., said Tuesday that it had completed the sale of the Kmart property at 901 Market St. to PREIT for $60 million. The sale was announced in October.
|
04/17/2013 - PREIT Expands Foothold in the Philadelphia Market
Pennsylvania Real Estate Investment Trust has acquired the 430,000 square foot, six story property located on the 900 block of Market Street in Philadelphia .
|
04/06/2013 - FBI Building May Soon Be 'Put Out Of Its Misery'
With D.C. real estate booming, it's no surprise that the government is thinking about unloading a building seen by many as an eyesore. The J. Edgar Hoover Building, headquarters of the FBI, sits on a valuable spot along Pennsylvania Avenue, not far from the Capitol and the White House.
|
04/01/2013 - Plan restructures Jewish infrastructure
The local Jewish community is at a crossroads, and members have the opportunity to select which road ensures a brighter future. The real estate committee of the Jewish Community Alliance of Northeastern Pennsylvania has completed a plan encompassing the
|
02/19/2013 - Engineers' Society of Western Pennsylvania honors Highmark's Alex Sciulli with prestigious engineering award
PITTSBURGH, Feb. 19, 2013 /PRNewswire/ -- The Engineers' Society of Western Pennsylvania (ESWP) has named Alex Sciulli, chief real estate officer for Highmark Inc., its 2013 William Metcalf Award winner. ...
|
03/11/2013 - PREIT Makes Further Improvements to Its Balance Sheet
Pennsylvania Real Estate Investment Trust has completed the refinancing of Dartmouth Mall in Dartmouth, MA and paid off the mortgage loan balance on Moorestown Mall in
|
03/07/2013 - Glen Ridge birthday announcement
Agnes Molchan McGowan turned 101 on Feb. 22, 2013. McGowan was born in Pennsylvania and she lived in Glen Ridge before moving to Verona.
|
02/19/2013 - Engineers' Society of Western Pennsylvania honors Highmark's Alex Sciulli with prestigious engineering award
PITTSBURGH, Feb. 19, 2013 /PRNewswire/ -- The Engineers' Society of Western Pennsylvania (ESWP) has named Alex Sciulli, chief real estate officer for Highmark Inc., its 2013 William Metcalf Award winner. ...
|
02/14/2013 - PREIT Improves Terms of $146 Million of Mortgage Loans on Three Malls
Pennsylvania Real Estate Investment Trust announced today that it has completed favorable amendments to the terms of three mortgage loans on Lycoming Mall, Viewmont Mall and Francis Scott Key Mall.
|
02/13/2013 - Brooklynites Fleeing For The Poconos, Says " Real Estate Insider"
In the latest trend sweeping the borough, a real estate "insider" declares that Brooklyn residents are making a mass exodus to a magical land called The Poconos—that place where your parents went on their Honeymoon . The Pennsylvania "hot spot" is just 90 minutes from New York City, and Christine D’Amico of Toll Brothers developers says, “at some point it turned into a primary location as ...
|
02/12/2013 - PREIT Sells Orlando Fashion Square Mall
Pennsylvania Real Estate Investment Trust announced today that it has sold Orlando Fashion Square Mall in Orlando, Florida for $35.0 million in cash, resulting in a gain of approximately $0.6 million to be recognized in the first quarter of 2013.
|
02/09/2013 - Top commercial, residential real estate deals of the week
By Sam Spatter, Pittsburgh Tribune-Review DEALSOF THE WEEK A quick look at recent retail, commercial and industrial projects, sales and leases of note in Western Pennsylvania: $26.8 million Properties sold: ...
|
02/08/2013 - Avg. home sale price up in region
PITTSBURGH – West Penn Multi-List Inc. said Friday its January 2013 residential real estate statistics paint a favorable picture for those selling their homes in Southwestern Pennsylvania.
|
02/08/2013 - Pennsylvania Parks and Forests Foundation names two new board members
The Pennsylvania Parks and Forests Foundation has named two people to its board of directors. George Asimos is a partner in the Saul Ewing law firm. He has more than 28 years of experience with land use practice and real estate.
|
01/31/2013 - William Penn not to exceed Act 1 index
LANSDOWNE — William Penn School District officials on Monday adopted a resolution stating they will not raise 2013-14 real estate taxes above a 2.5 percent index calculated by the Pennsylvania Department of Education.
|
01/29/2013 - Homebuyer Appeals to Pa. Supreme Court on Her Home's Bloody Past
A Pennsylvania woman has appealed to the state Supreme Court in her suit against a home seller and real estate agent who failed to disclose that a murder-suicide had taken place in the home she purchased. When Janet Milliken, 59, moved from California after her husband died, she had hoped to start a new life with her two teenage children in Pennsylvania near her family. She bought a home in ...
|
01/28/2013 - Pa. Homeowner Sues Seller Over Home's Bloody Past
A Pennsylvania woman has appealed to the state Supreme Court in her suit against a home seller and real estate agent who failed to disclose that a murder-suicide had taken place in the home she purchased.
|
01/23/2013 - City Is Selling
For sale: prime downtown Warren real estate. Where? 231-237 Pennsylvania Avenue West. During its meeting Monday night, Warren City Council unanimously agreed to put the lots, which the city currently owns, up for sale.
|
01/14/2013 - PREIT sells Harrisburg retail complex
Pennsylvania Real Estate Investment Trust, or PREIT, said it completed the sale of Paxton Towne Centre in Harrisburg for $76.8 million.
|
01/14/2013 - PREIT Closes on Sale of Paxton Towne Centre
Pennsylvania Real Estate Investment Trust has completed the previously announced sale of Paxton Towne Centre, a power center in Harrisburg, Pennsylvania, for $76.8 million, representing a gain on sale of approximately $33.6 million.
|
01/11/2013 - Pburg mall sold to NY firm
A company that invests in local shopping malls has one less mall in its portfolio. Pennsylvania Real Estate Investment Trust -- PREIT has sold the Phillipsburg Mall to Mason Asset Management for $11.5-million. Mason is headquartered in Great Neck, New York. PREIT says it feels there are more strategic uses for its capital. It also wanted to elevate the quality of its portfolio. The Philadelphia ...
|
01/09/2013 - Five predictions for the 2013 commercial real estate market in Central Pennsylvania
The New Year is shaping up as a mixed bag when it comes to commercial real estate in Central Pennsylvania. Small commercial and office buildings will continue to sell well, but land could lag in a market still recovering from a deep contraction brought on by the Great Recession.
|
01/07/2013 - Tennis pro gets 9 years in prison for defrauding investors of $3.3M
A federal judge Monday sentenced a North Naples real estate flipper convicted of tax and wire fraud to nine years in federal prison for a $3.3 million fraud on more than a dozen people from Pennsylvania and Southwest Florida.
|
01/07/2013 - Northeastern Pa. seeks catchier brand for itself
SCRANTON, Pa. (AP) - For most people in Northeast Pennsylvania, Interstate 81 is a convenient way to get around. Increasingly, the highway has become the region's defining feature for real estate professionals, who have dubbed Northeast Pennsylvania by the terse, inelegant moniker "I-81 Corridor."
|
01/06/2013 - Interstate plays role in branding region
For most people in Northeastern Pennsylvania, Interstate 81 is a convenient way to drive around the region or beyond. Increasingly, the highway has become the defining feature of the region for real estate professionals, who have dubbed Northeastern Pen
|
01/06/2013 - Some in NEPA continue search for a catchier regional brand
For most people in Northeast Pennsylvania, Interstate 81 is a convenient way to get around. Increasingly, the highway has become the region's defining feature for real estate professionals, who have dubbed Northeast Pennsylvania by the terse, inelegant m
|
01/05/2013 - Many from Schuylkill County highlight 97th Pa. Farm Show
HARRISBURG - The 97th Pennsylvania Farm Show opened Saturday at the Pennsylvania Farm Show Complex and Expo Center in Harrisburg. With this year's theme being "Made in PA," Schuylkill County was among the many farmers and exhibitors represented at the sh
|
01/04/2013 - Friday's Three Burning Legal Questions
Here are today's three burning legal questions, along with the answers provided by the blogosphere. 1. Question: I am a Pennsylvania real estate agent. I'm trying to sell a house but people keep getting freaked out when I tell them about the murder-suicide that occurred in the house. Can I just keep this little tidbit of information to myself going forward? Answer: Yes, Pennsylvania's superior ...
|
12/14/2012 - Bucks County Man Arrested In Model Home Rape Plot
Authorities in eastern Pennsylvania say a man tried to lure a real estate agent to a secluded model home so he could sexually assault her.
|
12/14/2012 - Pa. man charged in plot to rape real estate agent
Authorities in eastern Pennsylvania say a man tried to lure a real estate agent to a secluded model home so he could sexually assault her.
|
12/14/2012 - Sellersville man charged in plot to rape real estate agent
ALLENTOWN, Pa. (AP) — Authorities in eastern Pennsylvania say a man tried to lure a real estate agent to a secluded model home so he could sexually assault her.
|
12/11/2012 - By virtue of certain writs of Execution issued out of the Court of Common Pleas and Orphans’ Court of Dauphin County ...
SHERIFF SALE! The following described real property situate in the Township of Swatara, County of Dauphin, and Commonwealth of Pennsylvania, to wit: All that certain piece or parcel of real estate, together with all improvements located thereon situate in the Township of Swatara, County of Dauphin and Commonwealth of Pennsylvania, as more fully bounded and described as follows: Beginning at a ...
|
12/09/2012 - End May Be Sight for FBI's Unloved Hoover Building
Considered an eyesore, FBI's outmoded Hoover building may not be long for Pennsylvania Avenue
|
11/26/2012 - Obituary: William Marra / Pittsburgh-area builder, founder of Amarraca Supermarket
William Marra, who will be remembered as one of Western Pennsylvania's real estate kingpins, died Friday at 78 after an extended illness.
|
11/05/2012 - PREIT Opens Malls at Midnight on Black Friday
Pennsylvania Real Estate Investment Trust is opening the doors to nearly all of its malls at midnight on Black Friday, November 23, 2012, to allow shoppers access
|
11/03/2012 - White House Value Goes Up, Now Worth $285 Million
The value of the White House has gone up in the last four years. According to real estate website Zillow, 1600 Pennsylvania Avenue is currently valued at $284.9 million. In October 2008, the White was valued at $280.9 million. Stan Humphries, chief economist for Zillow, told Market Watch: “The areas that have weathered the housing [...] White House Value Goes Up, Now Worth $285 Million is a post ...
|
11/03/2012 - Pa.: One final foray to defend
Rip Scott regrets his 2008 presidential vote for Barack Obama. The 60-year-old real estate company owner is going home to his Republican Party this year. Here in Philadelphia’s suburbs where Pennsylvania political fights can be won or lost, Scott’s reversal is the evidence Mitt Romney is looking for to merit his sudden, eleventh-hour sortie into the state.
|
11/02/2012 - Pa.: One last Romney foray for Obama to defend
Rip Scott regrets his 2008 presidential vote for Barack Obama. The 60-year-old real estate company owner is going home to his Republican Party this year. Here in Philadelphia's suburbs where Pennsylvania political fights can be won or lost, Scott's reversal is the evidence Mitt Romney is looking for to merit his sudden, eleventh-hour sortie into the state.
|
11/02/2012 - PREIT Reports Minimal Disturbance to its Properties as a Result of Hurricane Sandy
Pennsylvania Real Estate Investment Trust today announced the operating status of all of its properties following Hurricane Sandy.
|
10/28/2012 - Marvin I. Block, 79, Philadelphia commercial lawyer
Marvin I. Block, 79, a Philadelphia commercial lawyer who specialized in real estate and condominium law, died Thursday, Oct. 25, at the Hospital of the University of Pennsylvania.
|
10/27/2012 - Funeral Sunday for Marvin I. Block, attorney
Marvin I. Block, 79, a Philadelphia commercial lawyer who specialized in real estate and condominium law, died Thursday at the Hospital of the University of Pennsylvania.
|
