Creating Holiday Joy: Pensam and BH Management’s Rent-Free Holidays Program Changes Lives

Creating Holiday Joy: Pensam and BH Management’s Rent-Free Holidays Program Changes Lives In the spirit of giving, Pensam and BH Management Services came together in 2023 to launch a heartfelt initiative aimed at spreading joy a ...

Pensam Invests to Support over $386M in the Financing of nearly 2,000 Multifamily Units

Pensam, a Miami-based private real estate investment firm, made preferred equity investments in 1,931 units in Q2. ...

Pensam provides $7.6 million preferred equity for recapitalization of Dallas apartments

Pensam has closed on a $7.6 million preferred equity investment for the recapitalization of The Elise, a 341-unit apartment community located in Dallas, Texas. In connection with the transaction, the sponsor, Windmass Capital, arranged senior financ ...

Pensam makes preferred equity investment in Broward County apartments

Pensam, a diversified multifamily real estate investment firm, has announced the closing of a preferred equity investment in Heron Landing, a 144-unit garden-style apartment located in Sunrise, Florida. Heron Landing was built in 1988 and fully ...

Pensam purchases Butterfield Oaks multifamily apartment in Aurora, IL

Pensam, a diversified multifamily real estate investment firm with a portfolio of properties across the country, has announced the purchase of Butterfield Oaks, a multifamily apartment in the Chicago metropolitan area. The 336-unit building, ...

The spotlight may be on Chicago’s single-family market, but multifamily sector is also hot, according to Pensam Capital

While investors and homebuyers’ focus has been on Chicago’s soaring single-family market, multifamily properties in and around the city are also hot. The trend is driven by migration patterns in Chicago as workers reassess their situatio ...

Pensam Funding Closes $28.7 Million Construction Loan for a 240-Unit Apartment Development in Lake Worth Beach, Florida

The Advantis Lake Worth apartments will soon break ground after the developers secured a construction loan. While the deal has yet to close in county records, New Smyrna Beach-based Prospect Real Estate Group and Miami-based Midtown Capital ...

Ray Cleeman will speak at the Crittenden Real Estate Finance Conference in Miami on September 23rd, 2021

Ray Cleeman, Head of Capital Markets & Lending, will speak at the Crittenden Real Estate Financing Conference on September 23rd in Miami, FL. Ray’s panel, titled “Building the Modern Capital Stack”, fitting different financial inst ...

Pensam Residential Acquires 367-Unit Multifamily Apartment Community in Schaumburg (Chicago), IL

Miami, FL — April 13, 2019 –  Pensam Residential, a national multi-housing owner and operator, announced today that through an affiliate it has acquired Legend Park Apartments, a 367-unit multifamily apartment community located in Sc ...

Pensam Residential Provides Preferred Equity for the Recapitalization of a 1,383-Unit Multifamily Housing Portfolio

Miami, FL — April 10, 2019 –  Pensam Residential, a national multi-housing owner and operator, announced today the closing of a preferred equity investment to facilitate the recapitalization of a  four-property 1,383-unit multifamily ...

Trio of investors thrust $165M into suburban Chicago multifamily

Ray Cleeman, head of capital markets at Pensam, on why the company’s longstanding approach is still a good fit for a changed economic climate.

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