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Banking & Finance: Home Sales Finish Year Just Ahead of 2015 Figures | January 20, 2017

Home Sales Finish Year Just Ahead of 2015 Figures

YOUNGSTOWN, Ohio – Home sales in the tri-county region in 2016 finished slightly ahead of sales in 2015, despite a year-over-year dip in December. Reports, drawn from information compiled by the Youngstown Columbiana Association of Realtors and the Warren Area Board of Realtors, show 5,661 houses were sold in Mahoning, Trumbull and Columbiana counties last […]

Banking & Finance: FNB Corp. Reports 4Q Net Income of $49.28 Million | January 19, 2017

FNB Corp. Reports 4Q Net Income of $49.28 Million

PITTSBURGH – F.N.B. Corp., parent of First National Bank of Pennsylvania, Wednesday reported fourth-quarter net income of $49.28 million available to shareholders, or 23 cents per common share, and full-year 2016 net income of $162.85 million, or 78 cents per diluted common share. This compares to third-quarter net income of $50.16 million, or 24 cents […]

Banking & Finance: Investment Bank Outlines $32.1M Financing for Stambaugh Project | January 12, 2017

Investment Bank Outlines $32.1M Financing for Stambaugh Project

YOUNGSTOWN, Ohio — BGL Real Estate Advisors LLC announced this week that it has completed $32.1 million of development financing for NYO Property Group and Pan-Brothers Associates to support the conversion of the Stambaugh Building into a hotel. The transaction represents the fourth tax credit financing in the past 12 months for the real estate division […]