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Pennrose is a leading real estate development and management company specializing in creating high-quality, affordable, mixed-income, and conventional multifamily housing. With a mission to transform communities and enhance the lives of residents, Pennrose combines expertise in development, construction, and property management to deliver sustainable and impactful housing solutions across the Eastern and Midwestern United States. They focus on collaborative partnerships with local communities and stakeholders.
Serves as the central hub for strategic planning, corporate administration, development oversight, financial operations, and support for regional property management activities.
The headquarters is situated in a modern office building, designed to facilitate collaboration and reflect the company's commitment to quality and professionalism. Specific architectural details are not widely publicized but are likely contemporary and functional.
Pennrose fosters a collaborative and mission-driven work culture, emphasizing teamwork, integrity, and a commitment to community development. Employees are often passionate about making a positive impact through affordable housing initiatives and the company has been recognized as a Top Workplace.
The Philadelphia headquarters is significant as it anchors Pennrose's extensive operations across multiple states, guiding their mission to develop and manage quality housing and supporting a large portfolio of properties.
Pennrose primarily operates within the United States, with a strong presence across the Eastern and Midwestern regions, as well as parts of the Southern United States. Their functions, including property development, construction management, and property management, are focused on serving communities within these areas. They do not currently have a significant international operational footprint.
1301 North 31st Street
Philadelphia
PA
USA
Address: 10 E. Baltimore Street, Suite 1111, Baltimore, MD 21202
To oversee local project development, property management, and cultivate relationships with community partners and government agencies in Maryland and surrounding areas.
Address: 75 Arlington Street, Suite 500, Boston, MA 02116
To expand Pennrose's presence in the Northeast, addressing critical housing needs through innovative development and management solutions.
Address: 100 W M.L. King Blvd., Suite 250, Chattanooga, TN 37402
To drive growth and manage affordable and conventional housing communities in Tennessee and neighboring states.
Address: 3379 Peachtree Rd NE, Suite 375, Atlanta, GA 30326
To strengthen Pennrose's footprint in key Southeastern markets and deliver high-quality housing solutions.
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As of April 2025, Pennrose' leadership includes:
Pennrose has been backed by several prominent investors over the years, including:
Pennrose has seen key leadership promotions in the past 12-18 months, strengthening its financial leadership and regional oversight capabilities. Notably, Ryan Bailey was promoted to CFO, and several individuals were elevated to Regional Vice President roles, reflecting internal talent development.
Discover the tools Pennrose uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.
Pennrose primarily utilizes a common email format for its employees, typically combining the first initial and last name. Other less common formats may exist.
[first_initial][last]@pennrose.com
Format
jdoe@pennrose.com
Example
85%
Success rate
Pennrose News • May 21, 2024
Pennrose, along with project partners, celebrated the grand opening of Morahan Meadows, a new 50-unit affordable housing community for seniors aged 62 and older in Madison, Connecticut. The development addresses the critical need for senior affordable housing in the area....more
Pennrose News • April 18, 2024
Pennrose, in partnership with the Housing Authority of the City of Fort Myers, broke ground on The Renaissance at Logan Pointe Phase II. This phase will add 120 affordable apartment homes to the comprehensively redeveloped community, continuing efforts to provide quality housing in Fort Myers....more
Pennrose News / Business Wire • February 29, 2024
Pennrose announced it has been named a 2024 Top Workplaces USA award winner. This recognition is based on employee feedback gathered through a third-party survey, highlighting the company's commitment to creating a positive and engaging work environment....more
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