NewPoint Adds Rob Wrzosek to Affordable Housing Leadership Team
Wrzosek to Lead Development of Proprietary Solutions for Firm’s Affordable Housing Finance Platform.
Plano, TX (November 30, 2021) – NewPoint Real Estate Capital LLC (“NewPoint”) announces the hiring of Rob Wrzosek as Managing Director and Head of Non-Agency Affordable Strategies. Wrzosek will be responsible for developing proprietary non-Agency executions and managing future investments in affordable housing. Rob joins NewPoint as the company incorporates affordable housing as a central component of its overarching lending strategy.
Wrzosek brings over 24 years of affordable housing and finance experience to NewPoint, building upon its cohort of established veterans guiding the expansion of the firm’s suite of innovative financing solutions. He joins NewPoint from BlueFin Capital Management, where he managed a debt fund focused on the financing of affordable and workforce housing developments. Prior to BlueFin, Wrzosek was responsible for the affordable housing and FHA finance businesses of Berkeley Point (now Newmark). Wrzosek is also the former president of Hunt Mortgage Group, managed the tax-exempt affordable housing securitization and tax equity syndication platforms for Credit Suisse, and was on the board of directors of Walker & Dunlop.
“I’m excited to join a group of industry leaders coming together to create something fundamentally different in a sector where I’ve devoted so much of my career,” said Wrzosek. “I share the NewPoint vision and progressive approach to affordable housing finance, and I look forward to helping bring long-awaited change across the sector.”
“There is no coincidence that we’ve brought together such a dynamic group of professionals in affordable housing finance,” affirmed NewPoint CEO David Brickman. “We’re lucky to have Rob as a key addition to our Affordable Housing team, which will also be central to who we are and how we succeed. We are excited to watch Rob deliver for our clients, investors, and business partners and the millions of households most in need of better, more affordable housing today.”
Wrzosek will work closely with NewPoint’s affordable housing team members in production and underwriting, as well as the proprietary products team developing new lending solutions.
About NewPoint Real Estate Capital
NewPoint Real Estate Capital LLC is a joint venture of Meridian Capital Group, LLC, the nation’s leading commercial mortgage brokerage, and Barings, LLC, one of the world’s leading investment managers. Launched in second quarter 2021, NewPoint leverages technology, data, and proprietary capital solutions to provide an innovative suite of financing products to investors of multifamily, affordable housing, senior housing, healthcare, and manufactured housing properties. NewPoint is a Fannie Mae DUS® Lender, Freddie Mac Optigo® Servicer, and HUD/FHA MAP and LEAN Lender. In addition, NewPoint offers a variety of proprietary lending products and programs.
Contact:
Stefan Pollack
The Pollack Group
310.780.2364
Elyse Bandel
NewPoint Real Estate Capital
Elyse.Bandel@NewPoint.com 917.447.0143