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 senior loan.

This is the fourth preferred equity investment that Pensam has closed behind a Fannie Mae loan in 2024,” said Ray Cleeman Head of Capital Markets and Lending at Pensam. “We have worked extensively with Fannie Mae to ensure that our preferred investments fit within the agency’s new investment guidelines. This has enabled us to provide seamless closings, addressing the growing demand for incremental capital filling funding gaps in sponsor capital stacks.”