Pennrose is thrilled to have an exceptional team of interns working throughout our organization this summer. Thanks to Braden Shaw, Avi Lalani, Riley Dagon, Stephanie Koziol, Rachel Lee, Gabrielle Blunt, Taylor Shinal, Tori Yost, and Juliet Bender for their contributions to the Pennrose mission this summer.
Pennrose
Real Estate
Philadelphia, PA 10,992 followers
Bricks & Mortar | Heart & Soul
About us
For over 50 years, Pennrose has combined quality development and proven management to create great lifestyles for our residents. We are committed to developing exceptional properties, constructed with quality materials, designed with features and amenities residents really want, and managed by a well-trained and dedicated staff. As a nationally recognized developer of affordable, mixed-use, mixed-income, market-rate and master-planned communities, we believe in fostering neighborhoods that sustain future generations. Our dedication to partnering with host communities ensures that our developments are tailor-made - not standardized, one-size-fits-all solutions. Our approach to management and the commitment we have to our residents, investors, and personnel we serve and work with, set us apart from other multi-family property management companies. We deliver the highest quality housing with a superior level of customer service to establish an enduring sense of community. We bring it all together to provide quality development, proven management, and great lifestyles.
- Website
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http://www.pennrose.com
External link for Pennrose
- Industry
- Real Estate
- Company size
- 201-500 employees
- Headquarters
- Philadelphia, PA
- Type
- Privately Held
- Founded
- 1971
- Specialties
- Real Estate Development and Residential Property Management
Locations
Employees at Pennrose
Updates
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“The overall sentiment of residents is hope and happiness. There is a tangible sense of healing among the community – after all these years, Riverside is a community on the rise.” In our latest blog, Pennrose's Ryan Bailey and Shanta Collins provide an update on the ongoing REACH Riverside Master Plan. In partnership with the Wilmington Housing Authority (DE), the comprehensive, community-led initiative will transform Northeast Wilmington's Riverside neighborhood with over 700 units of #MixedIncome housing + increase access to education and health care. Read the full article here: https://bit.ly/3xFC0MJ #AffordableHousing #ReachRiverside #PurposeBuiltCommunities
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WE ARE HIRING | Our team is expanding, and we are excited to find a Property Manager in Troy, New York. Check out the link to learn more about this position. https://ow.ly/Q6JN50SwV5h . . . #PropertyManager #AffordableHousing #LeaseUp #Pennrose #Development #Management #PropertyManagement #JoinOurTeam #Hiring #NowHiring #TroyNY
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The Pennrose team was thrilled to celebrate #PrideMonth by joining LGBTQ Senior Housing Inc, Mayor Michelle Wu, Lieutenant Governor Kim Driscoll, Secretary of Housing and Livable Communities Ed Augustus, local officials, and project partners for the grand opening of Boston's first LGBTQ-affirming senior affordable housing community! Located in the Hyde Park neighborhood, The Pryde successfully transformed a historic former school into a vibrant affordable housing community with on-site amenities and a 10,000 S.F. community center for programming, continued learning, social events, and much more. Too many #LGBTQ seniors face discrimination, isolation, and financial insecurity. We are proud to provide inclusive housing in Boston, and hope The Pryde serves as an example nationwide. Learn more: https://bit.ly/3VO3DLn #AffordableHousing #LGBTQHousing #InclusiveHousing #SeniorHousing
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Pennrose reposted this
We're delighted to share that our long-awaited Haven Green project is officially moving forward! A unique senior housing development, Haven Green will create 123 units of vital healthy, affordable homes, with specific focus on LGBTQ+-affirmative housing and services in Little Italy. Informed by an ongoing participatory design process with the local community, this energy-efficient development will include a 16,000 square foot public garden space, community activity space, community services, and services specific to elderly LGBTQ+ residents and neighbors.
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Pennrose reposted this
We had a great groundbreaking ceremony for phase one of 36N yesterday in Tulsa! Just six phases more to go! I’m excited to keep working under the direction of Lindsey Samsi, as Pennrose continues its partnership with the Tulsa Housing Authority on a transformative project for the city’s northern corridor. To learn more about the project: https://lnkd.in/gCGzXBsM
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Pennrose reposted this
#CLOSED I am thrilled to announce the successful closing of the construction financing for Golden Hill, a 164-unit, 100% affordable multigenerational housing community in Kingston, NY! Golden Hill will provide much-needed affordable housing to families, seniors, and individuals, fostering a vibrant and diverse community. This development aligns perfectly with the housing and economic development policies of our public funders, New York State Homes & Community Renewal, Empire State Development, NYS Office of Temporary & Disability Assistance and the Federal Home Loan Bank of New York. A heartfelt thank you to all of our dedicated partners, and supporters who have worked tirelessly to bring this vision to life! Special thanks to the awesome Pennrose deal team comprised of William D'Avella, Jonah Ricanati, Jennifer Hayward, Alexis Paone, Jacob Leclaire and Shannon Mowery, the leadership of Ulster County including County Executive Jen Metzger, Dennis Doyle and Johanna C., our partners at the Family of Woodstock, Inc., the legal minds of Stephen L. Yonaty, Eliza Frank and Hae Jin Kang of Cannon Heyman & Weiss LLP, Mayor Steve Nobel of the City of Kingston, NY, and our project teams at LaBella Associates and WRT. Your commitment and collaboration have made this project possible. Shout out to our private financing partners at Hudson Housing Capital LLC, Webster Bank, U.S. Bank and Clocktower Tax Credits LLC See you all at the groundbreaking 😎 ! #AffordableHousing #IntergenerationalLiving #GoldenHill #KingstonNY #CommunityDevelopment #SustainableLiving #ConstructionFinance #KathyHochul #HousingPolicy
"This project meets critical needs." Pennrose is proud to help transform the former Golden Hill county jail site into a vibrant new #MixedIncome, #MixedUse community for families in Kingston, New York. The wholistic initiative will deliver 164 new family and senior apartments and on-site community amenities, including community center, fitness center, daycare, health service programming, outdoor recreation areas, playgrounds, and even connectors to the Empire State trail network. Check out the video to hear more about the vision for the Golden Hill development from Pennrose developers Dylan Salmons & William D'Avella, County Executive of Ulster County Jen Metzger, Family of Woodstock, Inc. Executive Director Michael Berg, Mayor Steve Noble, and Ulster Savings Bank CEO Bill Calderara. #AffordableHousing #SeniorHousing #IntergenerationalHousing
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Pennrose reposted this
Pennrose is honored to be working with the Tulsa Housing Authority, North Tulsa residents, and community partners to help execute their comprehensive and strategic vision for North Tulsa. This is an exciting step towards the completion of one of the largest affordable housing investments in Tulsa's history!
It's been the best kind of whirlwind today as we celebrated the groundbreaking for 36N, a $200+ million mixed-income, mixed-use development in North Tulsa! The day started with some pre-event media and I want to extend major kudos to Douglas Braff for his work on this story; he did a fantastic job underscoring the importance of the Choice Neighborhoods program and its commitment to supporting people while developing housing and investing in neighborhood revitalization. https://lnkd.in/gsXcew9a
'North Tulsa's been under-resourced': Affordable housing project breaking ground
kjrh.com
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Pennrose reposted this
View from one of the units at our 51-unit, senior affordable housing development in Chinatown - 萬安樓 Man An House (House of Harmony). Looking forward to construction completion and lease-up this Fall! Philadelphia Chinatown Development Corporation (PCDC) + Pennrose
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Are you attending the Pennsylvania Housing Finance Agency 2024 Multifamily Affordable Housing Conference? Don't miss Pennrose's Director of Community Impact Tiffany Holden's keynote address + sessions from VP of Maintenance Kevin Hankins and VP of Community Impact Shannon Mowery. Visit the link to check out the full agenda: https://lnkd.in/gdXbEBuT #AffordableHousing #Multifamily
MAHC Agenda — PHFA Events
phfaevents.org