Pennrose Hires Tom Anderson as Senior Vice President of Development

by Jeff Shaw

PHILADELPHIA — Pennrose, a developer based in Philadelphia, has hired Tom Anderson to its executive development team as senior vice president of development.

Anderson will lead Pennrose’s strategic expansion into the Midwest and Mountain regions. In addition to providing leadership for an expanding development team, he will also provide executive representation of Pennrose among industry organizations and associations, financial partners, design and construction partners, housing authorities, and state agencies.

Prior to Pennrose, Anderson spent six years as managing director of Cohen-Esrey Development Group, an affordable housing developer. In this role, he transformed a small division from an independent contractor model doing one or two projects per year to a multi-state team of 12 professionals working in 12 states with a pipeline valued at over $300 million. Anderson formed PEAK Housing Partners in 2020 to support affordable housing development companies with scale and effectiveness.

Anderson holds a bachelor’s degree in finance and real estate from Florida State University. He is actively engaged in leadership roles with the ManKind Project International, a nonprofit that hosts personal development programs for men. He has also served as a board member with the American Cancer Society and other nonprofits.

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