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News Releases

  • Pennrose Reaches Out with PB&Js
    June 7, 2018
    Pennrose Reaching Out (PRO), an initiative of The Pennrose Foundation, a nonprofit charity organization, has been hard at work across Pennrose property locations assembling peanut butter and jelly sandwiches to support local charities.

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  • Grand Opening for Second and Final Phase of Burwood Gardens Redevelopment Celebrated
    May 31, 2018
    Heritage Crest adds 100 units of quality affordable housing to Anne Arundel County inventory.

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  • New Brunswick Performing Arts Center Wins NAIOP Mixed-Use Deal of the Year
    May 18, 2018
    Pennrose is proud to announce the redevelopment of the New Brunswick Performing Arts Center in New Brunswick, NJ, has been awarded the Mixed-Use Deal of the Year award from NAIOP.

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  • Stone Grove Crossing Wins Excellence in Neighborhood Revitalization Award
    April 13, 2018
    Stone Grove Crossing, a mixed-income community in Salisbury, MD, won the Excellence in Neighborhood Revitalization Award from the Maryland Department of Housing and Community Development (DHCD).

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  • Top 50 Affordable Housing Developers of 2017
    April 13, 2018
    Pennrose Properties, LLC moves up to the #5 ranking on Affordable Housing Finance’s Top 50 Affordable Housing Developers of 2017.

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  • Residence at Roosevelt Park Celebrates Grand Opening
    April 12, 2018
    The historic renovation of the original 1937 Roosevelt Hospital brings 84 units of affordable, independent senior housing to Middlesex County.

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