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Pensam’s Partner and Chief Investment Officer, Hen Shoval, participated in the Florida Multifamily Summit 2026 on October 1 at the Fort Lauderdale Marriott Harbor Beach Resort & Spa in Fort Lauderdale, Florida.

Hen joined the panel Capital Crunch: Getting (or Restructuring) Deals When Capital Is Tight, sharing his perspective on how sponsors are sourcing, structuring and navigating multifamily opportunities in today’s constrained capital environment.

The discussion explored the challenges and opportunities facing sponsors as capital remains selective and deal structures continue to evolve.

Pensam’s Partner and Executive Vice President, Noah Miller, also participated in a closed Capital Markets private roundtable, joining industry leaders for a focused discussion on current capital markets conditions and the evolving multifamily investment landscape.

Event Details
Date: Thursday, October 1, 2026
Venue: Fort Lauderdale Marriott Harbor Beach Resort & Spa, Fort Lauderdale, Florida
Event: Florida Multifamily Summit 2026
Organizer: GreenPearl

Noah Miller, Partner and Executive Vice President at Pensam, will be a featured speaker at the upcoming Real Estate Lending Summit on July 15.

His session, “Multifamily Money: How Investors Are Getting Deals Done Today,” will explore how investors are structuring and executing multifamily deals in today’s more complex environment.

Noah will discuss the broader multifamily market, what capital stacks look like today, and the evolving strategies investors are using in the second half of 2026.

To register, visit: The Real Estate Lending Summit

Noah Miller, Partner and Executive Vice President at Pensam, will be a featured speaker at the Private Equity Virtual Conference 2026, hosted by Venture Studio Family, on May 29.

Conference sessions will explore key themes shaping private equity and institutional investments including:

• Private Equity’s appetite for Multifamily in 2026
• Investor’s view of equity risk vs credit risk
• How AI is changing the investment landscape
• How Family Offices Identify and Select Deals in a competitive environment

To learn more about the conference, please visit https://pe2026.com/

Pensam communities were recently recognized at the BH Annual Awards Ceremony, earning honors across four key categories and reflecting a continued focus on quality, execution, and resident experience across the portfolio.

“We are honored to have these communities recognized at the BH Annual Awards Ceremony, and to see individual members of our on-the-ground leadership recognized at the Chicagoland Apartment Association (CAMME) Awards for their excellence in operations and resident engagement,” said Dominic Rechichi, Partner at Pensam. “Together, these recognitions reflect the passion and dedication of our teams, and the focus of our asset management approach in delivering exceptional outcomes for both our investors and residents by uplifting our communities to best-in-class standards.”

Award-Winning Communities:

• Windscape of Naperville, Naperville, IL – Community of the Year (over 350 units)
• Willow + Wren Apartments, Aurora, IL – Renovation of the Year (under 350 units)
• Broadstone New Territory, Sugar Land, TX – Renovation of the Year (over 350 units)
• Promenade at Aloma, Oviedo, FL – BH Founders Award

Additionally, a special congratulations to the community managers at Butterfield Oaks and Windscape of Naperville, who were separately honored at the Chicagoland Apartment Association (CAMME) Awards for their contributions to operations and resident engagement.

Pensam’s Vice President of Investments, Galina Churchill, will join an expert panel at the upcoming CREW Miami breakfast event on May 13, 2026, to discuss Navigating Real Estate Funds: From Structure to Sponsor Execution.

The session will offer an in-depth look at how real estate funds are structured and how capital is deployed in today’s increasingly selective market environment. Galina will share Pensam’s perspective on identifying opportunities, underwriting risk and allocating capital with discipline amid shifting conditions.

She will be joined by Silvia Fernandes of Arctrust and Danielle Price of Holland & Knight. The panel will be moderated by Karla Damas of Cherry Bakaert.

Event Details
Date: Tuesday, May 13, 2026
Time: 8:30 AM – 10:30 AM
Venue: Hotel Colonnade Coral Gables, Miami
Registration: CREW Miami – Event Page

Pensam is proud to celebrate outstanding achievements by the teams at two of its communities – Butterfield Oaks and Windscape of Naperville – following their recognition at the recent Chicagoland Apartment Association CAMME Awards.

In a remarkable result, Armond Thigpen and Stephanie Gales, Community Managers at the two properties respectively, tied for Community Manager of the Year. The CAMME Awards are a prestigious recognition within the Chicagoland multifamily market, and having both properties honored simultaneously reflects the exceptional standard of leadership across these communities.

The award was accepted on behalf of the teams by (left to right below) Lisa Cannella, Armond Thigpen, and Cathleen Kiefer.

Pensam extends its congratulations to Armond, Stephanie, and the entire teams at Butterfield Oaks and Windscape of Naperville for the dedication and care they bring to their communities every day.

Pensam is proud to partner with BH Management and appreciates their continued commitment to excellence.

Photography: Michael Paul Photographers

Pensam Partner and Executive Vice President, Noah Miller, recently spent the evening with real estate students at Florida Atlantic University, sharing insights on the multifamily sector, navigating early careers, and standing out in a competitive industry.

We’re grateful for the opportunity to share insights and engage with students, supporting the next generation of business professionals.

Ray Cleeman, Partner and Head of Capital Markets & Lending, and Galina Churchill, Vice President, Investments, participated in IMN’s Florida Middle-Market Multifamily Forum in Coral Gables on March 23–24, 2026.

Ray spoke on key topics shaping the multifamily lending environment, including refinancing strategies, structured capital solutions, and evolving market dynamics across Florida submarkets.

Galina contributed to the Multifamily Operators & Property Managers roundtables and the Women’s Small Group session.

Pensam recently closed on the successful sale of Grove at Main, a multifamily community located in Bloomington, Illinois.

The property was acquired in February 2021, at which time Pensam initiated a comprehensive repositioning strategy designed to provide a better living experience for the residents, enhance operational performance and add long-term value. The business plan included a significant capital improvement program, including interior and exterior upgrades, amenity improvements, and operational enhancements..

“The performance of Grove at Main demonstrates both proactive asset management and a thoughtful investment strategy,” said Hen Shoval, Partner and Chief Investment Officer at Pensam. “Through targeted capital improvements and disciplined execution of our business plan, we provided a superior product to the residents, while creating a positive outcome for our investors.”

Noah Miller, Partner and Executive Vice President at Pensam, will be a featured panelist at the upcoming PitchCalls Real Estate Investment Virtual Conference.

He will join industry leaders to discuss key themes shaping global real estate investment, including:

• Best practices for scaling real estate portfolios to billions
• Current trends in capital deployment and investment strategies
• The resurgence of family office real estate investing
• How an entrepreneurial mindset drives superior returns
• Limited partner strategies across interest rate and macro cycles

We look forward to Noah’s insights and contributions to this important industry discussion.