Helping people navigate property transactions is everyday work for Jeannette Pennington and Erika Junkins. This October, the mother-daughter team behind Laurel Land Transfer reached a property milestone of their own: purchasing the Camp Hill building where their business operates.
Through their related real-estate holding company, JED Legacy LLC, the owners completed the acquisition of 2309 Market Street on October 15, 2026. The purchase moves their locally owned, woman-owned business from leased space to a location they control- and gives them the opportunity to build equity in a long-term asset.
Laurel Land Transfer provides title insurance, title searches, deed preparation, and real-estate settlement services to homebuyers, lenders, and real-estate professionals throughout Central Pennsylvania. Together, Pennington and Junkins bring more than 37 years of combined industry experience to that work.
They had already invested in improving the building. With support from CREDC and its financing partners, they were able to take the next step toward ownership.
Connecting an opportunity to the right resources
CREDC helped the owners access the Pennsylvania Catalyst Loan Fund, coordinating the local referral and project documentation with Chester County Economic Development Council, the fund’s underwriting and administrative partner.
The financing paired a $383,250 PA Catalyst loan with an equal amount from Burke & Herbert Bank. The project also recognized $116,886 in previously completed building renovations as owner equity, acknowledging the investment Pennington and Junkins had already made in their business location.
Together, those sources supported an approximately $883,000 project encompassing the property purchase, prior renovations and closing costs.
“We had no idea opportunities like the PA Catalyst Loan Fund existed,” Pennington and Junkins shared. “Working with CREDC was a wonderful experience, and we were impressed by how smoothly everything came together behind the scenes. Securing a 4.75% interest rate made the experience even better!”
Building on an investment already made
For a small business, purchasing its operating location is a significant commitment. For Pennington and Junkins, it means greater control over the space where they serve clients and the opportunity to build property equity through their related holding company.
The acquisition builds on the improvements they have already made and establishes a lasting foundation for Laurel Land Transfer in Camp Hill.
Their experience also illustrates why connecting with a local economic development partner can matter. A financing opportunity the owners had not known existed became part of the path to owning their business premises.
Could ownership be the next step for your business? Contact CREDC to explore financing resources for acquiring or improving your business location.
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ABOUT THE HARRISBURG REGIONAL CHAMBER & CREDC
For 140 years, the Harrisburg Regional Chamber & CREDC has served as the region’s catalyst for economic prosperity. The organization combines business, community, and economic development services to enhance the region’s vitality and livability. The Chamber is a five-star accredited chamber through the U.S. Chamber of Commerce- a distinction held by fewer than 1 percent of chambers nationwide. CREDC is the region’s toolbox for economic development. It is the only Certified Economic Development Organization (CEDO) approved by the Commonwealth’s Department of Community and Economic Development to perform economic development activities regionally using Pennsylvania’s funding programs across Cumberland, Dauphin, and Perry counties.
ABOUT THE PENNSYLVANIA CATALYST LOAN FUND
The Pennsylvania Catalyst Loan Fund is a revolving loan fund capitalized through Pennsylvania’s State Small Business Credit Initiative. CREDC participates in a multi-county partnership led by the Chester County Economic Development Council to make this financing available to eligible businesses in Cumberland, Dauphin and Perry counties. The fund is designed to expand access to capital, with a particular focus on very small businesses and businesses owned by socially and economically disadvantaged individuals.
