Home sales in Northampton and Lehigh counties rose 12.4% in November from a year earlier, as fourth-quarter activity remained strong. That’s according to a report by the Greater Lehigh Valley Realtors, a nonprofit trade association, which showed settlements climbing to 818 last month.
Read More »Tag Archives: real estate
Lehigh Valley Mall co-owner PREIT files Chapter 11 bankruptcy to help with restructuring
As it tries to navigate the challenges of COVID-19, Philadelphia-based PREIT, co-owner of the Lehigh Valley Mall, filed for Chapter 11 bankruptcy Sunday, a move it said will help it restructure.
Read More »New sprinkler management device aims to save money and lives
It was a $2,000 bill for an overheated 10-by-10-foot room that led business partners Jonathan Epstein and Jim Seip to launch a new business with a product they’ve developed for commercial real estate managers – the Salamander Reservoir.
Read More »Lehigh Valley real estate bouncing back, but low inventory is slowing recovery
Real estate in Pennsylvania is rebounding now that in-person showings and sales are again allowed after being halted because of the COVID-19 pandemic.
Read More »Alvernia chooses RLPS Architects and Warfel Construction for CollegeTowne project in Reading
The five-story building, which formerly was home to CNA Insurance and more recently to I-LEAD Charter School, will include classrooms and labs, loft-style student housing, dining facilities, retail outlets and other operations, and serve as the centerpiece of the CollegeTowne initiative.
Read More »Light industrial buildings near LVIA sell for $26.7M
A three-building 380,000-square-foot portfolio of light industrial buildings on Cascade Drive in Hanover Township, Lehigh County has been sold to an investor for $26.7 million.
Read More »Wolf to veto bill to restore Real Estate
Governor Wolf’s office tells Lehigh Valley Business that he intends to veto House Bill 2412, which would declare the real estate industry as a life sustaining business.
Read More »Bill to open up Pa.’s real estate industry heads to Gov. Wolf
A bill to declare real estate as a life-sustaining business in Pennsylvania is heading to Gov. Wolf’s desk for signature after being passed by the state house and senate.
Read More »Bethlehem Village Shoppes sells for $4.5 million
Despite restrictions on real estate and the fact that most retail stores are shut down because of the coronavirus pandemic, Colliers Bethlehem office said it has sold the Bethlehem Village Shoppes to an investment buyer in Bucks County for $4.5 million.
Read More »Pa. Realtors continue push for life-sustaining business designation
Real estate agents in Pennsylvania aren’t giving up their fight to have their industry declared life-sustaining so real estate sales can resume statewide. Pennsylvania is currently the only state banning most in-person real estate activity.
Read More »