With Appointment of Nick Gesue As CEO, NewPoint Real Estate Capital Welcomes Alder View Capital Team
Washington, DC (August 19, 2024) – NewPoint Real Estate Capital (“NewPoint”), a leading commercial finance platform focused on multifamily and healthcare real estate lending, will strategically integrate the Alder View Capital (“AVC”) team into its platform. This move closely follows Nick Gesue's appointment as CEO and aligns with NewPoint’s vision to drive strategic growth and innovation.
AVC’s deep industry expertise and client focus in seniors housing and care financing, combined with NewPoint’s full-service lending capabilities and accomplished team of financing experts, will position NewPoint as a leading provider of capital solutions to the seniors housing and care sector in addition to the broader multifamily and residential housing sector. The NewPoint platform provides a comprehensive suite of lending products, including Agency (Fannie Mae and Freddie Mac) and HUD financing, bridge and tax-exempt bond financing, and third-party capital solutions, as well as transaction and servicing capabilities.
AVC’s Kevin Laidlaw and Cal Masterson will join Gesue at NewPoint, ensuring the combined team will continue the momentum built at AVC for serving its clients in the seniors housing and care sectors while maintaining an unwavering commitment to exceptional service and deal execution.
"This strategic integration allows us to combine Alder View Capital's expertise in senior housing and care with NewPoint's comprehensive mortgage lending and servicing platform," said Gesue. "We're excited about the opportunities this creates for our collective clients and our team."
The transition of AVC to NewPoint is underway, and the combined team will continue to operate seamlessly throughout the process. All contact information will remain the same during this period.
About NewPoint Real Estate Capital
NewPoint Real Estate Capital LLC ("NewPoint") is a prominent commercial real estate finance company delivering lending solutions to investors of multifamily, affordable housing, seniors housing, healthcare, and manufactured housing properties nationwide. Leveraging technology, data, capital, and the expertise of its industry-leading team, NewPoint provides loan origination, servicing, execution, and a suite of Agency and curated proprietary products to meet the evolving needs of borrowers. In addition to being a Fannie Mae DUS®, Freddie Mac Optigo®, and FHA/HUD MAP and LEAN Lender, NewPoint offers proprietary bridge and affordable housing financing, as well as third-party placement solutions.
NewPoint Media Contacts:
Michael Ratliff
NewPoint Real Estate Capital
Michael.Ratliff@NewPoint.com
917.636.3578
Elyse Bandel
NewPoint Real Estate Capital
Elyse.Bandel@NewPoint.com
917.447.0143