NewPoint Provides $611.7 Million in Freddie Mac Multifamily Financing for DC Metro Portfolio

DC Metro (October 4, 2024) – NewPoint Real Estate Capital (“NewPoint”) has provided $611.7 million in Freddie Mac Multifamily conventional fixed-rate financing to refinance a portfolio of six garden-style and mid-rise apartment communities comprising 2,838 units in the DC Metro area. The borrower is an established, privately held owner of thousands of multifamily units in the market.

The six loans, originated by Senior Managing Directors Paul Aanonsen and Patrick Brown, closed in late August and September, rounding out NewPoint’s most active quarter this year.

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.

Press Contact:
Britni Ackrivo
backrivo@gregoryfca.com
484-504-9920