PHILADELPHIA — Pennrose has promoted Ivy Dench-Carter to senior vice president of development.
In this role, she will oversee the execution and growth of Pennrose’s development pipeline within multiple designated regions, be responsible for the oversight of performance goals for the regions as identified in Pennrose’s Strategic Plan and monitor regional performance and efficiency.
Dench-Carter will provide executive representation of Pennrose among industry organizations and associations, financial partners, design and construction partners, housing authorities, and state agencies.
Prior to her new role, Dench-Carter served as the regional vice president of the Mid-Atlantic, where she managed all phases of development in Maryland, Virginia, the U.S. Virgin Islands and Washington, D.C. She began her career at Pennrose as a property manager in 1990 and transitioned to real estate development at the company in 1995.
Throughout her career, Ivy has developed over 35 projects totaling approximately 2,400 units. Many of these projects involved public housing authorities and government agency-owned land requiring the negotiation of complex Land Disposition Agreements and Master Development Agreements.
Ivy serves as president emeritus of the Maryland Affordable Housing Coalition and is on the board of directors of Anne Arundel County Affordable Housing Coalition and Baltimore City Inclusionary Housing Board. She attended Spelman College in Atlanta.
Based in Philadelphia, Pennrose develops a variety of multifamily housing, including affordable seniors housing.