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Chicago & Midwest  + Greater Chicagoland  + Apartments  | 

Pensam Acquires West Dundee Apartments

Miami-based Pensam has acquired 1900 at Canterfield, a 260-unit stabilized multifamily community in West Dundee, IL. Pensam didn’t disclose the seller or price.

“The addition of 1900 at Canterfield to our growing apartment portfolio fits extremely well with our strategy of investing in properties with unique features and in markets where we have an existing footprint and strong management capabilities,” said Hen Shoval, principal and director of investments at Pensam. 

He continued, “In addition to its excellent location in an affluent suburban market, 1900 at Canterfield features large units with attached garages and direct access entries, as well as a very low-density site plan with only 11 units per acre – all of these features that are particularly valuable to renters today.” 

Built in 2018, the property is located half a mile north of Interstate 90, providing convenient access to the I-90 Corridor/Schaumburg job market. 


Inside The Story

Pensam’s Shoval

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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