A local firm has begun offering a $1 billion private real estate investment fund that combines debt funding with equity investments.
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Demo of Allentown State Hospital to begin in July
The buildings and structures that comprise the long dormant Allentown State Hospital will start coming down this summer. Demolition contractor Neuber Demolition & Environmental Services of Gilbertsville, Montgomery County, will start July 10 and finish in February 2021, with a completion of its contract work in May 2021.
Read More »Local funding spurs renovation projects for Mex Grill owners
The owners of five Lehigh Valley restaurants are embarking on major renovation projects at their Palmer Township and Easton locations. Juan Martinez and his wife, Melanie, recently refinanced a loan with Lehigh Financial Group LLC of Allentown, to renovate Don Juan Mex Grill’s Palmer location.
Read More »Easton committee to name developer for former Days Inn property
Easton’s city government is closer to announcing a developer of the former Days Inn hotel property. A committee appointed by Mayor Sal Panto will present its recommendation of a developer for the nearly 4-acre site next week.
Read More »Sale of farmland could prompt industrial development in Forks Township
The recent sale of about 30 acres of farmland in Forks Township could prompt the development of a new warehouse or other type of industrial use on the land.
Read More »Former Lancaster barber looks to start his own venture in Easton
After working in the corporate world for many years, one Easton resident is banking on his love barbering to carry him in his new role as the owner of The Keystone Barbershop. Nathan Storck is planning to open his new business in mid-March in downtown Easton.
Read More »City Center and Lafayette College collaborate on real estate mentoring program
City Center Investment Corp. of Allentown and Lafayette’s Dyer Center for Innovation and Entrepreneurship said they launched The Real Estate Lab, a program to teach downtown Allentown residents about real estate investing, with the goal of helping them become successful.
Read More »Peoples Security plans to open bank in Doylestown this spring
Scranton-based Peoples Security Bank & Trust Co. broke into the Lehigh Valley market when it opened its first branch in Bethlehem in 2014 and now, it’s eyeing an expansion into the Doylestown market.
Read More »Airport authority seeks FAA approval on nearly 300-acre development
After negotiating for about two years, the Lehigh-Northampton Airport Authority and Bethlehem developer Majestic Realty have reached an agreement on the development of a business park.
Read More »Contractor fined $600K by OSHA for Lehigh Valley worksite violations
A Bala Cynwyd-based construction company is being fined more than $600,000 by OSHA for three instances of exposing employees to fall hazards at worksites in the Lehigh Valley.
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