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Gaming and Leisure Properties, Inc. is a real estate investment trust (REIT) specializing in casino properties, based in Wyomissing, Pennsylvania.It was formed in November 2013 as a corporate spin-off from Penn National Gaming.
The company was founded in 1950 as Crown Construction.Frank J. Pasquerilla, who joined less than a year later, became president in 1956 and sole owner in 1961. The company's name was changed to Crown American in 1972 and in 1979, it acquired the Hess's department store chain.
The company was founded by Sylvan M. Cohen (1914-2001) in 1960 following the passage of the Real Estate Investment Trust Act, which allowed real estate trusts to access money from public investment. [ 1 ] [ 2 ] In 1997, the company acquired The Rubin Organization for $260 million, and founder and chief executive officer Ronald Rubin became CEO ...
According to an annual report from the National Association of Realtors (NAR), first-time home buyers were responsible for 32% of all home purchases in 2023, up from 26% the prior year. However,...
Maybrook is a mansion and property located in Wynnewood, Lower Merion Township, Pennsylvania in the Main Line suburban region just outside of Philadelphia. The mansion was built in 1881 as a summer home by liquor baron and real estate developer Henry C. Gibson and his wife, Mary B. Klett and six-year-old daughter Mary Klett "May" Gibson.
WWII Veteran: Invasion of Normandy; Battle of the Bulge; J&L Steel; Book Real Estate; Elected three (3) terms to the Pennsylvania House of Representatives 1983–1989; Chairman of Allegheny County Assessment Office, 1989–1984; Served as Board Member to the Pennsylvania Real Estate Commission; Man of the Year Award recipient from Brentwood VFW ...