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Pennrose

General Contractor
Founded in
1971
Privately Held
$114.5M
367
Real Estate Development and Residential Property Management
(267) 386-8600
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Philadelphia, Pennsylvania, United States

About Pennrose

Pennrose is a leading real estate development company founded in 1971, with a mission to profoundly impact the lives of working families through the creation of affordable housing options. For over 50 years, Pennrose has excelled in the development and management of diverse residential properties, including affordable, mixed-income, and mixed-use communities. Their commitment to quality development and exceptional management is evidenced by a portfolio designed to provide great lifestyles for their residents. They are dedicated to constructing properties with quality materials and implementing features that are truly desired by the community they serve.

Operating primarily in the eastern United States, Pennrose partners with local communities to deliver tailor-made solutions rather than generic, one-size-fits-all developments. By fostering collaborative relationships with city officials, community leaders, and residents, Pennrose ensures that the projects they undertake are responsive to the specific needs of each neighborhood. Their unique approach to property management emphasizes superior customer service and the establishment of a lasting sense of community, which sets them apart from other multifamily property management firms.

Pennrose’s dedication to creating quality living environments is matched by its commitment to sustainability and community support. The company believes in developing neighborhoods that not only meet the housing needs of today but also enhance the quality of life for future generations. Their well-trained staff and management teams work tirelessly to maintain high standards of service and resident satisfaction. By integrating quality development, proven management techniques, and community-oriented practices, Pennrose continues to build not just homes, but thriving neighborhoods that are enjoyed by all residents. This comprehensive approach has solidified Pennrose’s position as a national leader in the real estate development sector, particularly in affordable and mixed-income housing.

Need to submit a Pay App to Pennrose?

Payment applications generally include the application for payment form and a continuation sheet (which includes a schedule of values and change orders). Depending on the situation, you may also include backup documents like materials receipts and invoices, payroll wage reports, and lien waivers.

It's a lot to keep straight, and it's further complicated by most GCs requiring their own custom payment application forms, rather than standard AIA templates. Fortunately, Siteline has more than 8,000 forms from over 6,000 GCs—in our system. Our software streamlines the entire monthly billing workflow, ensuring you submit the perfect pay apps on time, every time, which gets your invoices paid about three weeks faster.Want to see for yourself?

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All of Pennrose's locations

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