Sean Huntsman and Katherine Stewart have joined NewPoint. This accomplished duo has worked together for 20+ years and will be establishing NewPoint’s Seniors Housing Agency Platform.
NewPoint Real Estate Capital Provides $45.7 Million Fannie Mae DUS® Financing for Multifamily Community in Phoenix
NewPoint has provided a $45,658,000 10-year Fannie Mae DUS® loan to refinance a 200-unit luxury multifamily community in Phoenix. The transaction was originated by NewPoint Senior Managing Director John Motzel.
Finance Veteran Joins NewPoint to Oversee Process Reengineering and Strategic Execution and DEI Strategy
In her new role, Susan Mudry will identify opportunities for NewPoint to refine and optimize operations within its rapidly expanding real estate finance platform, ensuring that new product development and strategic initiatives are successfully implemented. Mudry will also lead the company’s diversity, equity, and inclusion (DEI) strategy.
While rising rates and ongoing operational challenges may act as headwinds to surpassing pre-pandemic levels of LEAN financing in the medium term, the benefits of HUD 232 financing – non-recourse, low-interest, fixed-rate loans with high LTVs – should keep the pipeline strong.
NewPoint Real Estate Capital Provides $157.9 Million in Freddie Mac Financing for Arizona Multifamily Portfolio
NewPoint has provided $157.9 million in Freddie Mac loans on behalf of Bard Investment Company for the refinancing of a four-property multifamily portfolio in Arizona.
Geri Borger Urgo, Head of Production at NewPoint, weighs in on how dynamic demographic trends are impacting multifamily lending and investment in a recent Q&A interview with Commercial Observer.
In a brief published in Urban Institute’s Housing Finance Policy Center, NewPoint CEO David Brickman makes the case for expanding the use of credit risk transfers (CRTs) to increase the supply of affordable housing.
NewPoint Provides $93 Million Bridge Loan for the Acquisition and Renovation of a Multifamily High-Rise in Atlanta
NewPoint has provided The RADCO Companies with a $93 million bridge loan used for the acquisition and proposed renovation of a 320-unit high-rise in Midtown Atlanta.
In good times and bad, through pandemics and wars and political uncertainty, one of the most reliable truisms in commercial real estate is that everyone needs a place to live.
Marc Cesare has joined NewPoint as a Managing Director based in the firm’s Dallas area office, where he will focus on conventional multifamily and affordable housing lending in the Sun Belt and beyond.
Commercial Observer interviewed David Brickman, CEO of NewPoint, to get his perspective on the future of multifamily investing in the wake of recent economic and public policy developments.
NewPoint Real Estate Capital announced the most substantial hires yet to the company’s growing originations team.
FHA Eliminates COVID-19 Debt Service Reserve, Escrow and Cash-Out Requirements for 223(f) Multifamily Loans
The Federal Housing Agency (FHA) has removed temporary COVID-19 related underwriting requirements for Section 223(f) multifamily transactions.
NewPoint announces the addition of Trevor Ritter to its growing production team focused on conventional multifamily and affordable housing originations. Ritter anchors the firm’s recently established Atlanta office.
Though the pandemic and its economic reverberations continue to influence the seniors housing and healthcare markets, stakeholders are optimistic for 2022.
NewPoint CEO David Brickman discusses the importance of preserving existing affordable housing as well as the need for new policy solutions to drive capital and investment into the space.
NewPoint Real Estate Capital Provides $20.6 Million in Fannie Mae DUS® Financing for Multifamily Property Acquisition in Holiday, FL
NewPoint Real Estate Capital has provided $20,616,000 in acquisition financing for The Park at Bergamo, a 244-unit multifamily property in Holiday, Florida …
NewPoint Real Estate Capital Provides $6.8 Million HUD Loan to Refinance Apartment Complex in Oxford, Mississippi
NewPoint Real Estate Capital announces the successful closing of a $6,840,000 HUD loan for Anderson Grove Apartments in Oxford, Mississippi.
NewPoint Real Estate Capital LLC announced today it has acquired certain assets of Housing & Healthcare Finance, including its FHA multifamily and healthcare …
NewPoint Real Estate Capital, an apartment building lender headed by David Brickman, former chief executive officer of Freddie Mac, has acquired HHC.
NewPoint Real Estate Capital, which earlier this month acquired Housing and Healthcare Finance, is planning to use the platform to catapult it among the top providers of loans under U.S. Department of Housing and Urban Development programs.
NewPoint Real Estate Capital LLC announces the launch of its multifamily bridge lending program, providing customizable and flexible bridge lending solutions to meet the needs of investors nationwide.
NewPoint Real Estate Capital LLC announces the hiring of Rob Wrzosek as Managing Director and Head of Non-Agency Affordable Strategies.
NewPoint Real Estate Capital LLC announces the hiring of Brian Skurnik, Joe Savarese, and Michael Golfman, building on the firm’s proprietary lending expertise.
NewPoint Real Estate Capital Provides $8.5 Million Fannie Mae Refinancing for Multifamily Portfolio in Los Angeles
Plano, TX (November 22, 2021) – NewPoint Real Estate Capital LLC (“NewPoint”) announces the September closing of three loans totaling $8,544,000 to refinance a portfolio of multifamily properties in the Los Angeles, California MSA.
Newly Appointed Affordable Housing Originators Bryan Dickson and Karen Kim Bring Wealth of Experience in Agency and Proprietary Affordable Housing Lending.
NewPoint Sees $1.5 Billion of Multifamily Loan Originations This Year, Plans Bridge-Lending Platform
NewPoint Real Estate Capital, which was formed earlier this year through Meridian Capital Group’s acquisition…
NewPoint Real Estate Capital, headquartered in Plano, TX, has added Geraldine “Geri” Borger Urgo as head of production.
“We have a significant opportunity to create one of the leading lenders in the multifamily commercial real estate space,” Brickman said in an interview…