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News Releases

  • $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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  • Pennrose’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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  • Adams to Lead New England Office for Pennrose Properties
    January 22, 2016
    Charles L. Adams has joined Pennrose Properties, LLC to establish and lead the company’s northeast region office in Boston, MA, and to oversee and manage development activities in the New England area.

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  • Pennrose Properties, LLC breaks ground on Wynne Senior Residences in Overbrook
    December 16, 2015
    Pennrose Properties, LLC and Wynnefield Overbrook Revitalization Corporation (WORC) officially celebrated and recognized the start of construction of Wynne Senior Residences today at a groundbreaking ceremony.

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