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News Releases

  • Pennrose Awarded 624 Additional Affordable Housing Units by New York City Housing Authority
    June 25, 2018
    The redevelopment is part of the Permanent Affordability Commitment Together (PACT) initiative to upgrade and repair nearly 2,400 apartments.

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  • 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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