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About Us

Founded in 1971, Pennrose is a nationally recognized developer, owner, and operator of affordable and mixed-income housing. The firm has completed more than 350 developments, delivering 27,000+ rental housing units and overseeing approximately $5 billion in total development costs.

Pennrose is known for its expertise in complex mixed-income multifamily and mixed-use development, as well as professional property management. Its work is centered on creating high-quality communities that support working families and deliver lasting value in the markets it serves.