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News Releases

  • Pennrose’s Lee Felgar Elected to PAA East Board of Directors
    November 1, 2017
    Lee John Felgar, president, Pennrose Management Company, has been elected to the 2018 board of directors of the Pennsylvania Apartment Association East (PAA East).

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  • Opening of Final Phase of Freedom Village Development in Paterson, N.J., Celebrated
    September 19, 2017
    Senior apartments are last piece of HOPE VI Fourth Ward revitalization

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  • Pennrose Closes on 22-story Mixed Use Residential Development
    September 12, 2017
    Development to transform the New Brunswick Downtown Cultural Arts District

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  • Pennrose and Employees Donate More Than $8K to Support Hurricane Harvey Red Cross
    September 8, 2017
    Pennrose and its employees raised $8,170 in only one week to support the Red Cross Hurricane Harvey relief effort.

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  • Pennrose Properties and Hunt Companies Form Strategic Alliance
    August 15, 2017
    Hunt Companies Inc. today announced that it has successfully closed on an agreement with Pennrose Properties, LLC to acquire a minority interest in the Pennsylvania-based firm.

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  • Groundbreaking for $45.8 Million Montgomery Heights II Celebrated in Newark, N.J.
    July 28, 2017
    Second phase of multifamily development being constructed in Newark’s historic Central Ward

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