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Jonathan Rose “Jonathan Rose Cos. has long been a leader in the greening of affordable housing,” says Jonathan F. P. Rose.

NEW YORK CITY—Jonathan Rose Cos. is expanding its unit count with the acquisition of Forest City Realty Trust’s affordable housing business. The 48 properties across seven states, as well as the management company and mortgage company, all will be rebranded with the Rose Communities name.

“Jonathan Rose Cos. has long been a leader in the greening of affordable housing,” says Jonathan F.P. Rose, president and CEO. By expanding social programming at the properties along with taking each of them through the Enterprise Green Community Program, he adds, “We are now pleased to add to this the goal of systemically advancing the social, health and educational outcomes of our residents.”

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Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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