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Media Coverage

  • Pennrose’s Growth Curve
    April 22, 2013
    When Richard Barnhart joined Pennrose Properties as co-owner and president in 1985, the fledgling company didn’t have a dedicated office. He and his business partner, John Rosenthal, who had started the firm and developed six affordable apartment buildings, worked out of Rosenthal’s living room. After about a year, they moved into an office that was a grand 300 square feet.

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  • Pennrose Named Property Manager for 148-Unit Pittsburgh Community
    April 17, 2013
    Philadelphia-based real estate development and management company Pennrose has added the Pittsburgh apartment community Cloverleaf Village Apartments to its management portfolio.

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  • Rent, number of apartments on rise in W.Pa.
    April 17, 2013
    When Kathy DiLorenzo decided to give up her home and become an apartment dweller, she found her housing costs didn‘t change drastically.

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  • Pennrose Writes Next Chapter of New Brunswick Success Story
    April 17, 2013
    Leasing Opens for the Pennrose Properties New Collection of Upscale One- and Two Bedroom Apartments at 285 George Street in New Brunswick.

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  • Neo-traditional housing at home in Summerset
    April 1, 2013
    Six new buildings in Squirrel Hill’s Summerset at Frick Park seem to be filled with fashionable apartments, but developer Ralph Falbo wants to stay away from one trendy word.

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  • Pennrose and Blue Sea to Redevelop Prospect Plaza
    March 11, 2013
    The New York City Housing Authority (NYCHA) and New York City Housing Preservation and Development have tapped Pennrose, a multifamily specialist based in Philadelphia, to be a co-developer on Brooklyn’s Prospect Plaza redevelopment. It joins Blue Sea Development Co., Duvernay + Brooks, and Rosenberg Housing Group (Blue Sea & Partners) in the project.

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