NewPoint Real Estate Capital Provides $28.6 Million Fannie Mae Loan for Vistas at Plum Creek in Castle Rock, Colorado

CASTLE ROCK, CO — December 3, 2025 — NewPoint Real Estate Capital LLC (“NewPoint”) has provided a $28.6 million Fannie Mae Conventional loan to refinance Vistas at Plum Creek, a 186-unit multifamily property located in Castle Rock, Colorado.

The five-year, fixed-rate loan includes interest-only payments for the full term and was structured with a 35-year amortization schedule, providing the borrower with both flexibility and predictable financing through market cycles.

The loan was originated by Laurie Morfin, Senior Managing Director, and David Bleiweiss, Managing Director, on behalf of Investors Management Group, Inc. (IMG), a vertically integrated real estate sponsor.

“NewPoint is pleased to support IMG’s continued investment in high-quality multifamily assets like Vistas at Plum Creek,” said Mr. Bleiweiss. “We were able to structure an execution that aligned with the sponsor’s goals for long-term stability and cash flow optimization.”

Built in 1987 and extensively upgraded under IMG’s ownership, Vistas at Plum Creek offers a mix of one- and two-bedroom residences featuring modern finishes and open layouts. Community amenities include a pool, clubhouse, fitness center, outdoor lounge areas with BBQs, and scenic open-space views. The property’s prime location, midway between Denver and Colorado Springs, provides residents with convenient access to major employment centers, retail, and recreation, while benefiting from Castle Rock’s strong population growth and limited new multifamily supply.

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”), one of the world’s largest independent investment managers with $1.69 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
214-874-2339