Pennrose Newsroom

Latest News Releases and Coverage

Check out the latest Pennrose news releases and coverage. Please contact us for more information or to request an interview with a Pennrose real estate development or multifamily housing management specialist.

News Releases

  • North Hills Manor Groundbreaking
    Groundbreaking for Redevelopment of North Hills Manor Celebrated
    Monday, June 26, 2017

    Montgomery County Housing Authority continues partnership with Pennrose to modernize outdated public housing.

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  • Meriden Commons I Groundbreaking
    Officials Celebrate Groundbreaking for CT Mixed-income Housing Development
    Monday, June 12, 2017

    Federal, state and local officials, as well as representatives from Pennrose, The Cloud Company, and the Meriden Housing Authority, celebrated the start of construction for the first phase of Meriden Commons at a ground breaking ceremony today.

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Media Coverage

  • Top 50 Affordable Housing Developers of 2016
    Affordable Housing Finance April 11, 2017

    Pennrose Properties, LLC #7 on Affordable Housing Finance's 2016 list of Top 50 Affordable Housing Developers.

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  • Pennrose-led group chosen to develop sprawling city-owned site in Chinatown
    April 10, 2017

    A team led by developer Pennrose has been selected to build a new complex of dwelling units, offices, hotel rooms and shops on the largest remaining parcel of municipally owned land in Center City.

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  • North Hill Poised to Become an Affordable and Market-Rate Housing Hub on Richmond Highway
    FairfaxCounty.gov February 15, 2017

    After many attempts over the years, new housing options are poised for a vacant property along Richmond Highway that was originally bought for affordable housing. The Board of Supervisors approved zoning changes to the nearly 35-acre property at the corner of Dart Drive and Richmond Highway.

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