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News Releases

  • Pennrose Makes Additional Investment in Employee Development
    April 21, 2016
    Three regional training centers to be constructed in Maryland, New Jersey, and Pennsylvania

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  • Filo Joins Pennrose Management Company as VP of Operations
    April 18, 2016
    Gayle Filo, CPM has joined Pennrose Management Company as vice president of operations to direct property management operations for the Pennrose portfolio in Maryland, areas of Pennsylvania, and Ohio.

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  • $17.7M Crest Manor Redevelopment Officially Begins
    April 13, 2016
    Federal, state, county and municipal officials on Tuesday celebrated the highly anticipated start of construction in the redevelopment of Crest Manor, located in Willow Grove, Pa., in the Crestmont neighborhood of Abington Township.

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  • Pennroseā€™s Noah Freiberg Approved as Trustee of Supportive Housing Association of NJ
    April 12, 2016
    Pennrose developer, Noah Freiberg, was recently elected for his first term as a trustee for the Supportive Housing Association of New Jersey.

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  • Third Phase of Brooklyn Affordable Development Closes on Financing
    April 5, 2016
    Pennrose Properties, LLC, Duvernay + Brooks, and Blue Sea Development recently closed on construction financing for the third and final phase of the Revision Prospect Plaza development in the Oceanhill-Brownsville section of Brooklyn.

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  • Choice Neighborhoods Housing Redevelopment in Cleveland Breaks Ground
    January 29, 2016
    Pennrose Properties, LLC, Ralph A. Falbo, Inc. and Cuyahoga Metropolitan Housing Authority (CMHA) celebrated the groundbreaking of Cedar Estates in Cleveland, Ohio, at a ceremony attended by local officials.

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