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News Releases

  • Pennrose Receives 2014 Multifamily Executive Awards for Mixed-Income and Senior Housing
    September 30, 2014
    Pennrose Properties, LLC, one of the nation’s leading multifamily and mixed-use developers, has received two separate awards in one of the nation’s most prestigious competitions. Each year, Multifamily Executive Magazine honors the multifamily industry's best and brightest projects, leaders and initiatives through its national awards competition. Pennrose developments were selected as the Grand award in the Mixed-Income category for The George and a Merit award in the Senior category for John C. Anderson Apartments. The awards were presented on Wednesday, September 24, at the awards luncheon at the Multifamily Executive Conference in Las Vegas, Nevada.

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  • Pennrose Management Company’s Dan Flamini Joins NJAA Board of Directors
    June 26, 2014
    Dan Flamini, CPM, director of maintenance for Pennrose Management Company (PMC), was recently appointed as a board member of the New Jersey Apartment Association (NJAA). The non-profit association represents owners, builders, suppliers, developers and managers of the multi-family housing industry in New Jersey.

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  • Pennrose Opens $61.2M Rush Crossing Apartment Development in Trenton, N.J.
    June 10, 2014
    N.J. had a VIP dedication ceremony today to officially open the new affordable housing lifestyle community.

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  • Woodrow Wilson Commons Receives 2014 Smart Growth Award from New Jersey Future
    May 2, 2014
    Woodrow Wilson Commons, an affordable, mixed-income housing community in Long Branch, N.J, has received a 2014 Smart Growth Award for its construction, design and green features. The community was developed by Pennrose Properties, LLC, in partnership with the Long Branch Housing Authority and Maestro Community Development Corporation. It was designed by WRT and MidAtlantic Engineering.

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  • Pennrose Awarded ‘2014 Healthiest Employer’ Award for its Progressive, Employee Wellness Program
    April 21, 2014
    For the third year, Pennrose has been honored with a “Healthiest Employer” Award by the Philadelphia Business Journal. The award is given to companies in the Greater Philadelphia area that offer exemplary wellness services and programs for their employees. Earlier this year, Pennrose rolled out an enhanced wellness program to give employees the tools and support they need to better manage their health and then reward them for doing so.

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  • Cristi Resciniti Promoted to CFO at Pennrose Management Company
    March 31, 2014
    Cristi Resciniti, CPA, has been promoted to chief financial officer at Pennrose Management Company. The announcement comes after joining Pennrose as controller a year ago. In her new role, Resciniti will provide strategic and tactical leadership to all members of the financial team, while steering the vision for the company's financial growth.

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