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

  • Barry Weaver Headshot
    Property Management Veteran Joins Pennrose as Vice President of Operations
    Friday, May 5, 2017

    Barry Weaver has joined the property management executive team at Pennrose as vice president of operations, overseeing nearly 60 properties and 3,500 units.

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  • Stone Grove Crossing Grand Opening
    Grand Opening of Stone Grove Crossing Celebrated by Federal, State and Local Officials
    Tuesday, January 31, 2017

    The grand opening of Stone Grove Crossing in Wicomico County was celebrated by federal, state, and city officials, and representatives of Wicomico County Housing Authority (WCHA) and Pennrose.

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Media Coverage

  • 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 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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  • New housing development marks "new era", officials say
    WMDT 47ABC January 31, 2017

    With one snip during a ceremonial ribbon-cutting Tuesday, Wicomico County entered what some officials call a "new era" for mixed-income housing.

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