City: Lancaster

Arbor Commercial Mortgage has provided $28.65 million of mortgage financing against, and made a $2 million preferred equity investment in Newport Commons I and II, a 293-unit apartment property in Lititz, Pa. The property is owned by Dana Glass Properties ...

Philadelphia Business Journal Patriot Equities has purchased a vacant 240,000-square-foot industrial building at 2919 Old Tree Drive in the Old Sycamore Industrial Park in Lancaster, Pa. The Wayne, Pa., company plans to make improvements to the property that was constructed ...

Morgan Properties has sold Crossings at Mill Creek, a 338-unit apartment complex in Lancaster, Pa., for $22.65 million, or roughly $67,012/unit. The King of Prussia, Pa., company sold the property to the Westover Cos. in a deal brokered by Marcus ...

By John Covaleski, Commercial Real Estate Direct Staff WriterA venture that includes Pennsylvania REIT has lined up $24.9 million of fresh debt, allowing it to refinance a mortgage that matured in May on a 463,000-square-foot shopping center in Lancaster, Pa.The ...

Philadelphia InquirerA $170 million convention center and hotel project in downtown Lancaster, Pa., is scheduled to open in March. The city of Lancaster and a local partnership, Penn Square Partners, are co-developing the 220,000-square-foot convention center along with an 300-room ...

Cedar Shopping Centers Inc. has lined up a $21.5 million loan from Aegon USA Realty Advisors Inc. for its Golden Triangle Shopping Center, a 203,000-square-foot retail complex in Lancaster, Pa. The loan, which has a 10-year term and pays a ...

Lehman Brothers has provided $50 million of financing to Glimcher Realty Trust for the River Valley Mall, a 571,958-square-foot shopping center in Lancaster, Ohio.The mortgage matures in 2016 and pays a rate of 5.65 percent. It requires only interest payments ...