NewPoint Provides $19.8 Million in FHA Financing for Nursing Home in Central New York

ENTRAL NEW YORK — November 13, 2025 — NewPoint Real Estate Capital LLC has provided a $19.8 million FHA 223(f) loan to refinance a 112-bed skilled nursing facility in Central New York.

The transaction was arranged by Erik Lindenauer, President of FHA at NewPoint.

“This transaction featured a unique split mortgage structure with differing amortization schedules designed to align with the expiration of a portion of the property’s reimbursement stream,” said Mr. Lindenauer. “It’s a great example of how our team develops creative, customized financing solutions to meet each client’s specific needs.”

The FHA 223(f) program provides long-term, fixed-rate, non-recourse financing for the refinance or acquisition of stabilized healthcare and multifamily properties. Through this execution, the borrower achieved a lower cost of capital while maintaining long-term stability and flexibility in operations.

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. The firm leverages technology, data, capital, and the expertise of its industry-leading team to provide loan origination, servicing, execution, and a suite of financing 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 proprietary affordable housing financing. NewPoint Real Estate Capital is owned by Franklin BSP Realty Trust (“FBRT”). FBRT is externally managed by Benefit Street Partners L.L.C., a wholly owned subsidiary of Franklin Resources, Inc. (Franklin Templeton) which is one of the world’s largest independent investment managers with $1.6 trillion in total assets under management.

Media Contact

Dina Finnegan
Dina.Finnegan@NewPoint.com
703-282-2516

Investor Relations Contact

Lindsey Crabbe
L.Crabbe@BenefitStreetPartners.com