Pensam Acquires Covey at Fox Valley in Aurora, IL
Suburban Chicago continues to stand out as a strong multifamily investment market. “The Midwest, and the Chicago suburbs in particular, have consistently ranked among our top-performing markets within our portfolio,” said Hen Shoval, Principa ...
Pensam Closes Successful Recapitalization of The Preserve at Spring Lake in Altamonte Springs, FL
Pensam finished 2024 strong with the recapitalization of The Preserve at Spring Lake, a 320-unit apartment community located in Altamonte Springs (Orlando), Florida. “We implemented an incredibly unique capital structure in this deal,” said R ...
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 Provides Preferred Equity for Refinancing of The Blakely in Pendergrass, GA
Pensam is pleased to announce the successful closing of a preferred equity investment to facilitate the refinancing of The Blakely, a newly developed, 420-unit Class-A multifamily community in Pendergrass, Georgia. The preferred equity investment fr ...
Pensam Provides Preferred Equity for $40M+ Refinancing of The Mural in Orange, NJ
Pensam provided preferred equity as part of a $40+ million refinancing of The Mural, a newly constructed Class-A, 5-story apartment community in Orange, New Jersey. This investment was structured behind a Freddie Mac senior loan and was developed by ...
Pensam at Bisnow’s South Florida Annual Housing Summit: Key Insights and Opportunities
Last week, Noah Miller, Principal and Executive Vice President, alongside Galina Churchill, Vice President of Investments, participated in Bisnow’s South Florida Annual Housing Summit. The event brought together industry leaders and profession ...
Pensam Welcomes Marco Ferri as Chief Operating Officer
Pensam is pleased to announce the appointment of Marco Ferri as our new Chief Operating Officer. Marco brings exceptional expertise in corporate development and strategic leadership to our organization. Throughout his career, he has been instrume ...
Pensam at MBA’s 2024 CRE Private Credit Finance Summit: Exploring Innovative Financial Structures
Ray Cleeman, Principal: Head of Capital Markets and Lending, will be speaking at Mortgage Bankers Association (MBA’s) 2024 CRE Private Credit Finance Summit on November 13th. Ray will lead an expert panel focused on innovative case studies, ...
Pensam Closes Preferred Equity Investment for Golfview Flats Refinancing in Sunrise, FL
Pensam is proud to share the successful closure of a preferred equity investment on August 29th to facilitate the refinancing of Golfview Flats, an apartment community located in Sunrise, Florida. The investment was structured behind a Fannie Mae se ...
Pensam Closes A $6.2MM First Mortgage Bridge Loan for Multifamily Acquisition in McAllen, TX
Pensam funded a $6.2MM first mortgage bridge loan to support the acquisition of a multifamily community in McAllen, TX. The borrower was in need of a lender who could meet a tight timeframe under the purchase contract and provide surety of execution ...