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Media Coverage

  • Former HUD Exec Brings Institutional Knowledge to Pennrose
    August 5, 2013
    Lopa Kolluri has experienced the multifamily world from many different angles. As the former deputy chief of staff for operations and strategy at the Department of Housing and Urban Development, Kolluri brings a wealth of knowledge to her new role as vice president of operations at Philadelphia-based Pennrose Properties, the nation’s most active affordable housing developer last year.

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  • The Gateway at Summerset is no longer a slag heap
    July 9, 2013
    Developer Ralph Falbo has mixed emotions about his latest project, The Gateway at Summerset.

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  • Groundbreaking for new senior housing set for Friday
    June 19, 2013
    Construction and city officials will don hard hats and get out their shovels for the 1 p.m. Friday groundbreaking on the city’s newest affordable senior housing project at 2300 Corbin Ave. Billed as the next step in the revitalization initiative in New Britain, the Jefferson, a senior complex will open in December with all the bells and whistles.

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  • Pennrose Opens New Senior Apartment Community to Meet Growing Market Demands
    June 18, 2013
    On Tuesday, May 14th at 2:00 PM, Pennrose held a grand opening and ribbon cutting ceremony to celebrate the completion of Somerton Court Senior Residences in Trevose.

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  • $238 Million Uplands Residential Community Opens In Baltimore
    June 11, 2013
    Uplands, a new, $238 million residential community located in Baltimore, officially opened its gates to the public on Monday, June 3.

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  • 160 Luxury Units Coming to Downtown Allentown
    June 7, 2013
    Pennrose Properties and City Center Investment Corp. have teamed up to develop a $45 million high-end, mixed-use complex in Allentown to capitalize on the explosion of new construction driven by the city’s Neighborhood Improvement Zone (NIZ).

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