Marc Cesare Joins NewPoint Platform to Further Expand Sun Belt Lending Expertise
Washington, D.C. and Dallas, TX (March 9, 2022) – NewPoint Real Estate Capital LLC (“NewPoint”) announces the addition of Marc Cesare to its production team as a Managing Director based in the firm’s Dallas area office. Cesare will focus on conventional multifamily and affordable housing lending throughout the Sun Belt and beyond.
Before joining NewPoint, Cesare was with Truist, where he originated real estate financing transactions valued at approximately $4 billion across Fannie Mae, Freddie Mac, FHA/HUD, and bridge loan programs. His experience encompasses lead roles for underwriting affordable housing properties, including 4% bond transactions, Section 8 assets, and managing layers of subordinate financing. Cesare has spent his entire 20-plus-year career in the multifamily lending arena. He began as a credit analyst and was a Chief Underwriter before shifting his focus to production.
“Marc Cesare is another great addition to our platform and our originations team,” said Geri Borger Urgo, NewPoint Head of Production. “Marc brings to NewPoint tremendous industry insight, experience, and an excellent track record of financing complex multifamily and affordable housing transactions. Marc adds to the industry-leading team we have assembled in the past year and will amplify our growing position in the Sun Belt.”
“I am excited to join NewPoint at this exciting time in the industry,” said Marc Cesare, Managing Director, NewPoint. “NewPoint is intensely focused on becoming a leading multifamily and affordable lender. I am delighted to join the firm to support its vision and to help grow its innovative real estate financing platform.”
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. NewPoint leverages technology, data, capital, and the expertise of its industry-leading team to provide 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 also offers bridge financing. Launched in 2021, NewPoint 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.
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NewPoint Real Estate Capital