Welcome to Pensam Capital
Pensam Capital is a Miami-based private real estate lender and investment firm that provides bridge and equity funding secured by multihousing, office, retail, hospitality and industrial properties.
Pensam funds bridge loans on acquisitions, discounted note payoffs and other opportunistic, time sensitive situations. Pensam also owns and manages a growing portfolio of multihousing units in a number of diverse markets.
As a proactive and disciplined real estate investor, Pensam Capital delivers solid returns with its short-term lending business and multihousing equity investment platform.
Investment Approach
Pensam Capital’s disciplined investment process provides Pensam as well as its investment partners with comfort and an understanding of the risk/benefits of each transaction.
Lending Program
The principals of Pensam assist borrowers in creating value for their projects by financing all types of situations including acquisitions, development, repositioning, bank workouts, foreclosures, and bankruptcies. The firm’s strong capital base, swift execution, and local market knowledge allow our clients to capitalize on our commitment.
Latest News
-
Pensam Acquires Two Multi Housing Properties
12/15/2011
TWO MULTI HOUSING PROPERTIES: Irving, TX Pensam Capital closed on the acquisition of Valley Ridge and Valley Creek Apartments. The properties have a combined 788 units located in Irving, Texas (Dallas). The institutional seller sold these properties at an average occupancy of 95%. Pensam and its partner BH Management are planning enhancements to...
-
Pensam Acquires 300 Unit Multi Housing Property
12/01/2011
MULTI HOUSING PROPERTY: Spring, TX Pensam Capital closed on the acquisition of The Villages at Louetta, a 300 unit garden style multi housing community in Spring, Texas. The property, built in 2005, was purchased from an institutional seller. Pensam and its partner BH Management are planning property enhancements to the property’s amenity package,...
-
Pensam Acquires Discounted Note on Retail Center
11/30/2011
Retail Center: St. Cloud, FL Pensam Capital acquired a discounted promissory note, first mortgage and related documents secured by a 88,264 sq. ft. retail center. The note had an outstanding balance of approximately $8,500,000....
-
Pensam Acquires Discounted Note on Multi Housing Property
11/22/2011
Multi Housing Property: Tampa, FL Pensam Capital acquired a discounted promissory note with a face amount of $8,625,000, together with a first mortgage and related loan documents secured by a 241-unit apartment complex. Pensam entered into a forbearance agreement and discounted settlement option with the borrower. ...
-
11/18/2011
Mixed Use Center: Kissimmee, FL Pensam Capital funded a bridge loan for a discounted note purchase on an 88,828 sq. ft. mixed use retail and office center. The note had an outstanding balance of approximately $7,500,000....
Latest Transactions
VALLEY RIDGE:
408-unit value add multi housing property. Acquisition of well located, high occupancy property within strong employment Irving sub-market. VIEW PROPERTY
Dallas, TX
VALLEY CREEK:
380-unit value add multi housing community. Acquisition of well located, high occupancy property within strong employment Irving sub-market. VIEW PROPERTY
Dallas, TX
THE VILLAGES AT LOUETTA:
300-unit multi-housing community. Acquisition of stabilized asset in high growth Spring sub-market. VIEW PROPERTY
Houston, TX
MULTI HOUSING PROPERTY:
241 unit multi housing community. Secured first mortgage and note acquisition at a discount with forbearance agreement.
Tampa, FL
MASTER PLANNED COMMUNITY:
53 condo/villa units and 10 vacant developed lots within a master planned community. Funded bridge loan to acquire property.
Cape Haze, FL
