LAKELAND, FL-Miami-based Pensam Fountain Square LLC has acquired Fountain Square, a 148-unit multifamily community situated in Lakeland. The REO property was built between the years 1972 and 1975. Pensam bought the property at a discount from a national lending institution.
A partnership between Des Moines, Iowa-based BH Equities LLC and Miami-based Pensam Capital LLC, BH Pensam Partners LLC becomes the managing member of Fountain Square. Sales price for the property was not disclosed. For the full story, go to Florida Real Estate Journal.
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
