NewPoint Real Estate Capital Grows Production Team with Addition of Two Veteran Multifamily Originators in California
Irvine, CA (August 29, 2023) – NewPoint Real Estate Capital (“NewPoint”) has added Laurie Morfin as Senior Managing Director and David Bleiweiss as Managing Director to its originations team. Located in Irvine, CA, the new hires add production prowess and depth to NewPoint’s operations in the West. Morfin and Bleiweiss focus on providing financing solutions to multifamily and commercial real estate investors from a variety of sources, including Fannie Mae, Freddie Mac, HUD/FHA, Life Companies, and other capital sources, on a national basis.
“Laurie and David have built their careers going above and beyond to secure the best available financing for their customers,” said Geri Borger Urgo, Head of Production at NewPoint. “We have long sought to expand our presence on the West Coast and are incredibly lucky to have these two experienced, client-focused individuals leading that charge.”
Morfin brings more than 25 years of multifamily and commercial real estate finance experience to NewPoint and has originated more than $3 billion in loan volume throughout her career. Prior to joining NewPoint, Morfin was a Senior Vice President at Bellwether Enterprise. She has held prior origination roles at Prudential Mortgage Capital Company (PGIM Real Estate), Wells Fargo and Nationwide Insurance.
Bleiweiss has more than 35 years of multifamily originations experience and has closed more than $5 billion in loan volume over the course of his career. He joined NewPoint from Berkadia, where he had worked in originations for the past 10 years. Bleiweiss has held similar positions at HFF, Home Savings of America and Coast Federal Savings.
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 proprietary bridge and affordable housing financing.
Contacts:
Elyse Bandel
NewPoint Real Estate Capital
Elyse.Bandel@NewPoint.com
917.447.0143
Michael Ratliff
NewPoint Real Estate Capital
Michael.Ratliff@NewPoint.com
917.636.3578