A Private Lender’s View on Multifamily Opportunities

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

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, 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, 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, ...

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 ...

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, 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 ...

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 ...

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 ...

Miami, FL — February 5, 2019 – Pensam Residential, a national multi-housing owner and operator, announced today its recent closing of a preferred equity investment which facilitated the sponsor’s acquisition of a 361-unit Class-A mult ...

Miami, FL — January 9, 2019 – Pensam Residential, a national multi-housing owner and operator, announced today the closing of a senior equity investment to recapitalize an 11-property portfolio consisting of 1,368 active-adult apartmen ...

Ray Cleeman, Principal at Pensam Funding, will speak at the AltsMIA 2018 Conference in Downtown Miami on Wednesday, November 6, 2018.  The topics of conversation will revolve around alternative investment opportunities and private equity ...

Miami, FL – April 20, 2018           Pensam Funding, a direct real estate lender and affiliate of Pensam Capital, a fully integrated real estate investment platform, announced today that it recently made a $7 million bridge loan ...

Miami, FL – April 20, 2018           Pensam Funding, a direct real estate lender and affiliate of Pensam Capital, a fully integrated real estate investment platform, announced today that it recently provided a $17 million bridge ...

Miami, FL – April 20, 2018           Pensam Funding, a direct real estate lender and affiliate of Pensam Capital, a fully integrated real estate investment platform, announced today that it recently provided a $36 million bridge ...

Miami, FL – April 20, 2018           Pensam Funding, a direct real estate lender and affiliate of Pensam Capital, a fully integrated real estate investment platform, announced today that it recently made a $7 million bridge loan ...

Miami, FL – April 20, 2018           Pensam Funding, a direct real estate lender and affiliate of Pensam Capital, a fully integrated real estate investment platform, announced today that it recently provided a $17 million bridge ...

Miami, FL – April 20, 2018           Pensam Funding, a direct real estate lender and affiliate of Pensam Capital, a fully integrated real estate investment platform, announced today that it recently provided a $36 million bridge ...

Michael Stein, Founding Partner of Pensam Capital, will be featured in a panel discussion at the 2018 CBRE Capital Markets Multifamily Conference in Chicago on Thursday, April 26, 2018.  The panel is titled “Alternative Debt, Capital ...

Pensam Residential, a national multi-housing owner and operator, is pleased to announce its acquisition of the leasehold interest in The Kennedy, a newly built Class-A, 306-unit garden style multifamily apartment community located in San Ant ...

Josh Fuller, Director at Pensam Funding, will be participating in a panel discussion during the Commercial Real Estate Finance Council’s (CREFC) Commercial Real Estate Finance Summit in Santa Monica, CA on May 9, 2018. Mr. Fuller will be ...

Ray Cleeman, Principal and Head of Capital Markets at Pensam Capital, will be participating in a panel discussion hosted by the Alliance of Corporate Real Estate Executives and Specialists (ACRES) in Boca Raton, FL on April 25, 2018. The p ...

Josh Fuller, Director at Pensam Funding, will be participating in a panel discussion during the Commercial Real Estate Finance Council’s (CREFC) Commercial Real Estate Finance Summit in Santa Monica, CA on May 9, 2018. Mr. Fuller will be ...

Ray Cleeman, Principal and Head of Capital Markets at Pensam Capital, will be participating in a panel discussion hosted by the Alliance of Corporate Real Estate Executives and Specialists (ACRES) in Boca Raton, FL on April 25, 2018. The p ...

Michael Stein, a Principal of Pensam Capital, will be a speaker at the 2017 CBRE Multifamily Conference titled “Beyond the Cycle”.  The conference will be held April 18th-19th in Chicago.  Michael’s session will be a panel of speaker ...

Pensam Funding has made a $19.5 million bridge loan to facilitate the acquisition and renovation of a 760-unit, six-property portfolio with assets located in Atlanta, GA and Pensacola, FL (the “Portfolio”). The 2-year fixed rate loan was ...

Pensam announced that it recently closed on a preferred equity investment to facilitate the acquisition of a 600-unit multifamily community located in Denver, CO.  Pensam’s preferred equity investment was structured behind Freddie Mac sen ...

Pensam announced that it recently closed on a preferred equity investment to facilitate the acquisition of a 600-unit multifamily community located in Denver, CO.  Pensam’s preferred equity investment was structured behind Freddie Mac sen ...

Pensam Funding has made a $19.5 million bridge loan to facilitate the acquisition and renovation of a 760-unit, six-property portfolio with assets located in Atlanta, GA and Pensacola, FL (the “Portfolio”). The 2-year fixed rate loan was ...

Pensam announced the completion of a preferred equity investment to facilitate the acquisition of an 85-unit multifamily community in Jackson, Wyoming.  Pensam’s preferred equity investment was structured behind Freddie Mac senior debt fi ...

Pensam announced that it closed on a preferred equity investment to facilitate the acquisition of a 261-unit multifamily high-rise building in Stamford, Connecticut. Pensam’s preferred equity investment was structured behind Freddie Mac se ...

Pensam announced the completion of a preferred equity investment to facilitate the acquisition of an 85-unit multifamily community in Jackson, Wyoming.  Pensam’s preferred equity investment was structured behind Freddie Mac senior debt fi ...

Pensam announced that it closed on a preferred equity investment to facilitate the acquisition of a 261-unit multifamily high-rise building in Stamford, Connecticut. Pensam’s preferred equity investment was structured behind Freddie Mac se ...

Pensam Residential, a national multi-housing owner and operator, announced today that it has made an investment in a portfolio consisting of 13 active-adult apartment communities with 1,447 units located across the Northeast and Midwest Unit ...

Pensam recently completed a preferred equity investment for the acquisition of a 180-unit multihousing apartment community in Coral Springs, Florida. Pensam’s preferred equity investment was structured behind senior debt from Freddie Mac. ...

Pensam Residential recently acquired Parallax at Georgetown, a 288-unit multifamily property in Georgetown (Austin), Texas. With an emphasis on architectural preservation, acclaimed cultural events and strong economic growth, the City of Geo ...

Michael Stein, a Principal of Pensam Capital, will be a speaker at the 2017 Freddie Mac Multifamily Central Regional Workshop.  The conference will be held on April 4th in Chicago.  Michael’s session is titled:  “Deploying Capital in ...

Pensam Development Oversees Rebranding of Tava Waters UNDER NEW MANAGEMENT, THE BREAKERS REBRANDS AS TAVA WATERS Denver’s Premier Multifamily Community Gets New Name, Substantial Amenity and Interior Unit Upgrades (Denver, Colo.) – March ...

Palmetto Fort Pensam Development successfully closed on the purchase of Palmetto Fort, a +/- 206 acre single family home development site within Charleston county, South Carolina. This is one of the last large waterfront tracts of undevelope ...