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News Releases

  • 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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  • Residence at Roosevelt Park Celebrates Grand Opening
    April 12, 2018
    The historic renovation of the original 1937 Roosevelt Hospital brings 84 units of affordable, independent senior housing to Middlesex County.

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  • HACA Selects Pennrose to Redevelop Newtowne 20 in Annapolis, MD
    March 20, 2018
    Pennrose has been selected by the Housing Authority of the City of Annapolis (HACA) to redevelop Newtowne 20, a public housing site located off Forrest Drive in Annapolis, MD.

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  • Philadelphia Housing Authority Taps Pennrose to Redevelop Bartram Village in Southwest Philadelphia
    March 12, 2018
    Bartram Village and the surrounding neighborhood awarded $1.3M in Choice Neighborhood Grants.

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  • Pennrose Launches Nonprofit Charitable Foundation
    March 1, 2018
    Pennrose, a leader in multifamily development and management, has launched the Pennrose Foundation, a nonprofit charity organization.

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