New Brunswick apartment tower hits leasing milestone

A new apartment tower in downtown New Brunswick is now 50 percent leased, as interest continues despite the challenges of the coronavirus crisis.

Pennrose offers 10 weeks’ free rent at New Brunswick apartment tower

A developer is offering up to 10 weeks of free rent at a new luxury apartment building in New Brunswick, seeking to ease the concerns of would-be tenants during the COVID-19 crisis.

Pennrose, local officials unveil affordable, special needs housing in Woodbridge

Pennrose has opened the doors to a new 100-unit affordable and supportive housing complex in Woodbridge, following a four-year redevelopment effort in partnership with the township.

Pennrose, HMFA mark start of 172-unit affordable project at former Army camp

Pennrose has broken ground on the first piece of a 172-unit affordable housing development in Edison, seeking to redevelop a former U.S. Army property that dates back to World War II.

NBPAC project unveils newly named theaters, largest-ever gifts for playhouse

The New Brunswick Performing Arts Center, a $172 million mixed-use project rising in the city’s downtown, has added to its cachet with two newly announced naming gifts.

Affordable housing development breaks ground in Cherry Hill

Pennrose and a community organization have started construction on a new 160-unit affordable housing complex in Cherry Hill that will serve older adults and those with special needs.

Pennrose, public officials unveil 84-unit project in Edison

Pennrose and Middlesex County have completed the adaptive reuse of a historic hospital complex in Edison, resulting in 84 new units of affordable senior housing.

HMFA announces new round of tax credits to fund 1,400 affordable units

A state agency is set to fund the construction of some 1,400 low- and moderate-income apartments in the state, thanks to a new allocation of a popular federal subsidy program.

Pennrose hires new VP in property management

A property management veteran has joined Pennrose to oversee thousands of multifamily units in eastern Pennsylvania and New Jersey, the company said Friday.