Pensam Completes Preferred Equity Investment in South Florida

Pensam recently completed a preferred equity investment for the acquisition of Arium San Remo, 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 […]

Pensam acquires Freddie Mac B-Piece, Roundup section of the October 20, 2017 issue of Inside the GSEs from Inside Mortgage Finance

Pensam Funding’s recent purchase of another B-Piece from Freddie Mac’s K-Deal platform was featured in the Roundup section of the October 20, 2017 issue of “Inside the GSEs” from Inside Mortgage Finance.

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 The Communities at Arbor Vista, 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, […]

Pensam Funding Completes Two Multifamily Loans in Houston Area Totaling $87MM

Miami, FL and Houston, TX – October 11, 2017 — Pensam Funding, a direct real estate lender affiliated with Pensam Capital, a fully integrated real estate investment platform, has provided two loans, both located in Houston, TX, one for $27 million to Regalia Bella Terra, a nearly completed, brand new, 227-unit multifamily development that is […]

Pensam Funding Acquires Another “B-Piece” Security Through Freddie Mac K-Deal Program

Miami, FL – October 11, 2017 — Pensam Funding, Inc. is pleased to announce that it recently acquired another ‘B-Piece’ from Freddie Mac through their K-Deal Program.  The issuance, K-67, is supported by a pool of 67 multifamily mortgage loans. This is the second B-Piece acquired by Pensam within the last 12 months, following the […]

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 […]

Michael Stein to Speak at 2017 CBRE Multifamily Conference April 19th in Chicago

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 speakers; consisting of preferred and joint venture equity providers.  The panelists will be discussing current appetites for investment, shifts […]

Michael Stein to Speak at Freddie Mac Multifamily Central Regional Seller Workshop

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 Multifamily Today: Borrower and Freddie Mac Insights,” and will cover market fundamentals, Pensam’s presence across products, preferred equity […]

Preferred Equity Investment in a Publix-anchored Mixed Use Development

Pensam Funding closed a preferred equity investment to complete the construction of a 2-phase mixed use property located in a prime urban infill section of downtown Birmingham, Alabama. The Publix, Starbucks and Chipotle anchored mixed use development has 111 class-A apartments. The sponsors are well-established and visionary local developers. The transaction was structured with a […]