Entries by Pensam Funding

Pensam Closes Preferred Equity Investment for the Acquisition of a 600-Unit Multifamily Property in Denver, CO

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 senior debt financing.  The sponsor, a repeat Pensam client, is an experienced California-based real-estate investment firm focusing on core-plus and value-add real […]

Pensam Closes Preferred Equity Investment in a 261-Unit Multifamily Property in Stamford, CT

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 senior debt financing. The sponsor is a full-service, vertically-integrated investment firm based in the Northeast. “Pensam’s preferred equity program provides flexible capital support […]

Pensam Completes Preferred Equity Investment for the Acquisition of an 85-Unit Multifamily Property in Jackson, WY

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 financing.  The sponsor is an experienced private equity investment and development group specializing in multi-family housing, condominiums and ski area management. “Pensam’s preferred […]

Pensam Completes Preferred Equity Investment for the Acquisition of a
180-Unit Multifamily Property
in Coral Springs, FL

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. The property has a prime location in The City of Coral Springs, an affluent suburban city in Broward County located near some of […]

Ray Cleeman, Head of Capital Markets, featured in GlobeSt.com to discuss Pensam Funding’s purchase of another B-Piece from Freddie Mac’s K-Deal platform

Ray Cleeman, principal and Head of Capital Markets at Pensam Capital, was quoted in GlobeSt.com on October 23, 2017 in a story about Pensam Funding’s recent purchase of another B-Piece from Freddie Mac’s K-Deal platform. Read the full story here: Morphy, Erika. “Portrait of a Freddie Mac B-Piece Investor.” GlobeSt.com, 23 Oct. 2017 

Pensam Closes Preferred Equity Investment on 675-unit
Multifamily Community in
Washington, D.C. Metro Area

Pensam recently closed on a preferred equity investment in a 675-unit multifamily community located in Adelphi, MD, a suburb of Washington, D.C. The funding was for the acquisition the property, which has a history of strong institutional ownership. Pensam’s preferred equity investment was structured behind Freddie Mac senior financing. The sponsor, a repeat Pensam client, is […]

Noah Miller to Speak at Miami Multifamily Investing Club’s Opening Day Meetup on May 23rd

Noah Miller, Vice President of Acquisitions for Pensam Residential, will be speaking at the Miami Multifamily Investing Club’s Opening Day Meetup on May 23rd at the Wynwood Café.  His presentation will focus on capital solutions: long-term and bridge debt, Joint Venture investments, and Preferred Equity. Miami’s Multifamily Investment Club was founded to provide members a […]