Development

We never forget development is just a bigger word for home.

Pennrose is a premier multifamily, mixed-use, and mixed-income development company with the expertise to combine development aspects in a way that exemplifies quality while creating value in the short- and long-term.

Execution

Recognized for our ability to successfully execute developments of varying complexity, product, scale, financing structure, and location.

Financial Capacity

Required net worth, liquidity, and financial systems to simultaneously undertake projects and ability to leverage our financing expertise to successfully execute complex financing structures.

Depth of Experience

Pennrose’s exceptional team of development professionals has developed or redeveloped more than $5 billion of multi-family and mixed-use property throughout the United States since 1971.

Sustainability

We are committed to conducting sustainable real estate development in an environmentally conscious manner.

Local Expertise

Our developers work and live in the localities they develop.

Community Engagement

We know working together is the key to thriving together.

Our Portfolio

With over 300 developments to select from, it’s not easy to choose just a few. View a selection of our recent work.

View Our Portfolio

Regional Development Offices

We have regional development offices in the following locations:

Partnerships

Pennrose partners with businesses, agencies, and community groups that share our core values to successfully execute our development strategies. Virtually all developments feature strong community and resident involvement in the planning and construction process. Pennrose has acquired a well-deserved reputation for its concern for and attention to resident needs.