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News Releases

  • 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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  • Pennrose Properties’ Jacob Fisher Selected as a ‘40 Under 40’ Award Winner
    March 11, 2014
    Jacob Fisher, senior developer with Pennrose Properties, is one of 40 individuals selected by the Philadelphia Business Journal for its 2014 “40 Under 40 Awards,” now in its 24th year. Winners were chosen by their qualifications in four areas: business success, community involvement, leadership ability and influence. They represent the “most dynamic up-and-comers” under the age of 40 in the Greater Philadelphia region. Those receiving an award will be profiled in a special section of the publication on May 2nd and feted at a special dinner on May 20th.

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  • Pennrose and dmhFund Open John C. Anderson Apartments in Philadelphia
    February 24, 2014
    Pennrose Properties, one of the nation’s leading multifamily and mixed-use developers, and dmhFund, a non-profit group that offers programs and services to Philadelphia’s LGBT community, held a grand opening celebration today to formally open John C. Anderson Apartments. Located in the heart of Center City Philadelphia’s arts and entertainment area, it is one of the first LGBT (Lesbian, Gay, Bisexual and Transgender)-friendly senior affordable apartment buildings in the country. The opening attracted a large number of state and city officials, many who spoke at the event.

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  • Lee John Felgar Joins Pennrose Management Company as President
    February 14, 2014
    Lee John Felgar has been named the new president of Pennrose Management Company (PMC), the wholly owned subsidiary of Pennrose Properties, LLC, with an effective start date of February 24, 2014.

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  • Pennrose Opens Woodrow Wilson Commons in Long Branch, N.J.
    February 4, 2014
    A large gathering of state and city government officials braved the snow yesterday to participate in the grand opening ceremony of Woodrow Wilson Commons, an affordable, mixed-income rental community of 173 apartments and townhomes in Long Branch, N.J. Developed by Pennrose Properties, LLC, in partnership with the Long Branch Housing Authority and Maestro Community Development Corporation, the community is now open and accepting applications for rentals.

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