In recent years, we saw a trend taking place where healthcare systems across the nation, and specifically within Central Pennsylvania, were monetizing their real estate assets. The drastic increase in healthcare costs at that time made it necessary for many health care systems to sell real estate to increase capital and decrease debt. But […]
View PostNote: This article was published by the Central Penn Business Journal. Click here to read the original version. Opportunity Zones are being referred to as “real estate’s most exciting new investment vehicle,” but what are they and can they really live up to this title? How this type of investment works and why it stands to […]
View Post [Online Resources] Real Estate, business, central pa, commercial, Construction, CRE, development, government, growth, harrisburg, jobs, lancaster, Mike Kushner, monety, Omni Realty Group, opportunity zone, pennsylvania, property, real estate investor, renovation, residential, silas chamerblin, tax break, taxes, york, york ounty economic alliancePhoto: Walden in Mechanicsburg, PA If you’ve been a resident of Central Pennsylvania for more than a few years, you’ve likely seen various live-work-play (LWP) communities – maybe you even live in one. What we’re talking about it mixed-use commercial and residential real estate where people have the opportunity to live, work and play (shop, […]
View Post [Online Resources] Real Estate, analyst, buyers agent, camp hill, carlisle, central pennsylvania, chris lebarton, Commercial Real Estate, costar, CRE, harrisburg, hershey, lancaster, live work play, local, LWP, mechanicsburg, Mike Kushner, mixed use, office, Omni Realty Group, pennsylvania, real estate agent, real estate broker, real estate investor, residential, retail, tenant representative, trends, yorkNote: This article was published by the Central Penn Business Journal. Click here to read the original version. It’s about that time when people start to reflect upon the last year, making note of progress that has been made, and milestones that have been achieved. In light of the Thanksgiving holiday, there are certain things that […]
View Post [Online Resources] Real Estate, agent, article, blog, broker, camp hill, central, central pa, central pennsylvania, commercial, Commercial Real Estate, CRE, east, gettysburg, harrisburg, hershey, investor, lancaster, market report, Mike Kushner, Omni Realty, Omni Realty Group, pennsylvania, tenant representative, trends, west, writing, yorkLancaster closes Q3 with the strongest market while Harrisburg West shows signs of distress. The submarkets that make up Central Pennsylvania’s office real estate market each have unique advantages and disadvantages that really show through when you examine each individually. With the close of the third-quarter, we took a closer look at how the four […]
View Post [Online Resources] Real Estate, analysis, central pa, Class A, Class B, Class C, Commercial Real Estate, commercial real estate agent, commercial real estate broker, costar, east, harrisburg, lancaster, local, market, Mike Kushner, office, office real estate, Office Space, Omni Realty Group, pennsylvania, real estate agent, real estate broker, realty, report, stats, tenant representative, trends, west, yorkCentral PA’s submarket clusters for industrial real estate have some of the lowest vacancy rates and highest rental rates we have seen in recent years. It’s the news that every commercial real estate developer and investor want to hear – the industrial real estate market in Central Pennsylvania ended Q2 2018 with some of the […]
View Post [Online Resources] Real Estate, absorption, central pa, Commercial Real Estate, costar, data, developer, industrial, inventory, investor, manufacturing, market, Mike Kushner, Omni Realty Group, pennsylvania, rental rates, report, space, statistic, trends, warehouse