About the Developers

Hunt is a diversified, family-owned holding company that invests in operating businesses, real estate assets and infrastructure assets. Since its founding in 1947, Hunt’s size and scope have grown substantially while gaining considerable expertise across multiple real asset sectors. Hunt’s reputation is built on integrity and performance. Hunt is committed to a culture of transparency for employees, clients, investors, and the communities it serves. In the past three decades, Hunt has completed more than 214 projects for housing authorities equaling more than 17,500 units and has been a leader in HUD’s RAD program.

In 2017, Hunt became a strategic partner in the development activities of Pennrose, LLC, a nationally acclaimed real estate development company. The Herndon Square redevelopment benefits from this new strategic alliance as Pennrose will serve a significant role in supporting the execution of Herndon Square. Pennrose began in 1971 with the goal of profoundly impacting the lives of working families through the development of affordable housing. Since then, we have honed our expertise through the successful completion of over 350 developments, more than 27,000 rental housing units, and oversight of $5 billion in total development costs. Pennrose is a recognized leader in complex mixed-income multifamily and mixed-use development and professional property management services.