Pennrose Proposes Bernice Arms Ownership Transfer
Philadelphia Redevelopment AuthorityPublic Authority · Philadelphia, PA- Document date
- Aug 12, 2026
The 30-second brief
Pennrose Properties, Inc., managing general partner of the Bernice Arms borrower, proposed transferring the project to PHADC Bernice LLC. The transfer is subject to assumption of the $1.75 million existing Second Loan.
Pennrose Properties Inc holds this consulting contract with Philadelphia Redevelopment Authority. Its other public contracts on record include work for Philadelphia Industrial Development Authority and Allentown Housing Authority.
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Contract details
- Contract type
- Consulting
- Document date
- August 12, 2026
- Vendor
- Pennrose Properties Inc
- Source document
- Philadelphia Redevelopment Authority AgendaPacket Board Meeting 2026-08-12 (AgendaPacket)
Pennrose Properties Inc's other public contracts
More Philadelphia Redevelopment Authority contracts
Questions about this contract
Who was awarded the consulting contract by Philadelphia Redevelopment Authority?
Pennrose Properties Inc was awarded this consulting contract by Philadelphia Redevelopment Authority, as recorded on August 12, 2026.
What type of contract is this?
This is a Consulting contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Philadelphia Redevelopment Authority AgendaPacket Board Meeting 2026-08-12 (AgendaPacket), dated August 12, 2026 from Philadelphia Redevelopment Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Pennrose Properties Inc hold?
Pennrose Properties Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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