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 Georgetown has proven to be a charming and attractive pocket of the Austin metropolitan area. Additionally, the City of Georgetown is located only 27 […]
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Entries by Pensam Residential
Noah Miller, Vice President of Acquisitions at Pensam Residential, will be a speaker at the Crittenden Real Estate Finance Conference in Miami, Florida on Thursday, October 26th. Noah will participate in a panel discussion titled “How to Find the Appropriate Private Equity Provider”, where panelists will discuss private equity solutions in today’s real estate environment.
Noah Miller, Vice President of Acquisitions at Pensam Residential, will be speaking at the RealInsight Central Texas Summit in Austin, Texas. The conference will take place on March 2nd, 2017 at the Radisson Hotel in Downtown Austin. Miller’s featured session is titled “Crossing Borders: Raising Capital for Today’s Real Estate.” The session will cover: what types of capital sources will be […]
Noah Miller, Vice President of Acquisitions at Pensam Residential, will be speaking at the Crittenden Multifamily Conference in Dallas, Texas. Miller’s featured session is titled “The Dating Game: Finding a Deal You Love!.” The conference will take place on March 15th-18th, 2017 at the Renaissance Dallas Richardson Hotel. The conference is an event for Real Estate professionals, including 16 […]
One of the founding partners of Pensam Capital will be speaking on this upcoming November 30 in the 2016 Florida Multifamily Focus. Mr. Stein will speak on the South Florida Panel, exploring the long demand for three different demographic drivers. This event will bring senior executives from every facet of the multifamily market together with […]
By Molly Armbrister – Denver Business Journal The Breakers Resort, a 1,523-unit apartment complex at 9099 E. Mississippi Ave. in Denver, has sold for a record price of close to $350 million, according to public record. Florida-based Pensam Residential, BH Equities LLC and Wafra Capital Partners acquired a majority stake in the property, which was previously owned […]
By Carrie Rengers – The Wichita Eagle Wichita may have just seen its largest apartment transaction ever. “There might be one bigger, but I’m not aware of it,” broker Tim McKay says of the recent sale of Sundance Apartments across from Bradley Fair. The 496-unit complex was built at 1945 N. Rock Road in the 1980s. New York-based Somerset Partners, which bought the property […]
By Porter Stansberry – Stansberry Research Porter: One of the Best, Lowest-Risk Ways to Quickly Grow Your Wealth. Ben: What was your best trade ever – personal or published – and what important lesson did you take away from it? Porter: I invested with a private real estate group in Miami called Pensam. We bought […]
By Business Wire Avila Rodriguez Hernandez Mena & Ferri LLP (“ARHMF”), a multi-practice business law firm, steered Pensam Capital, a Miami-based real estate investment firm, in connection with a preferred equity investment for the acquisition of sixteen multi-family apartment complexes totaling 3,382 units in four states. The transaction closed on March 10, 2016. ARHMF represented Pensam […]
By Chris Petersen – Construction Today There’s no doubt that the last several years have been good ones for the multifamily residential sector. The residual effects of the mortgage crisis have made rental properties much more attractive to people looking for new homes, and developers across the country have responded with multifamily properties that combine […]