NewPoint Real Estate Capital Reinforces Originations Prowess with the Hiring of Two Distinguished Production Teams
Washington, DC + Denver, CO (January 24, 2024) – NewPoint Real Estate Capital ("NewPoint") has bolstered its production capabilities by adding two veteran originations teams. Senior Managing Directors Paul Aanonsen and Patrick Brown have joined the firm, solidifying the caliber of the production team in NewPoint’s Washington, DC, office, which serves a national client base. John Stewart also joined as a Senior Managing Director and head of the firm’s newly opened Denver office, continuing the expansion of NewPoint’s foothold in the Western United States.
"Paul, Patrick, John, and their teams are incredible additions to NewPoint. They bring cycles of experience, a diverse network of clients and lending partners, and an astute understanding of the capital landscape," said David Brickman, Chief Executive Officer at NewPoint. "Their approach aligns perfectly with NewPoint's drive to offer the best service and most comprehensive financing solutions in the industry, and I look forward to seeing what they will achieve with the support of our platform."
The new teams focus on originating multifamily loans through NewPoint's Fannie Mae, Freddie Mac, HUD/FHA, and Proprietary platforms, in addition to sourcing multifamily and commercial real estate financing through third-party capital channels such as insurance companies, pension funds, banks, credit unions, debt funds and other providers.
Aanonsen and Brown bring decades of real estate finance experience to NewPoint and have together closed over $8 billion in financing over the past 14 years. Prior to joining NewPoint, Aanonsen ran Grandbridge Real Estate Capital’s Washington, DC production office. He previously held originations roles at Prudential Mortgage Capital Company (now PGIM Real Estate). Brown also joined NewPoint from Grandbridge, where he spent 17 years working in multifamily production in Washington, DC. Prior to that, Brown was in client relations at Wells Fargo Institutional Lending. Rounding out their team and also joining from Grandbridge is Jake Tinordi, Vice President, Senior Transaction Manager.
Stewart brings more than 30 years of real estate finance experience to NewPoint. He previously spent a decade at Grandbridge, where he managed the firm's Denver production office. Stewart held prior originations roles at NorthMarq, Capmark Finance Inc., and Bank One Capital Markets. He is joined in Denver by Tyler D'Egidio, Vice President of Production, and Drew Rogers, Senior Production Analyst. The team worked together at Grandbridge and closed more than $2 billion in debt and equity transactions over the past nine years.
“It has been our goal from day one to bring on the most accomplished and client-centric production professionals in the business,” Brickman added. “The addition of our newest team members – along with the cohort of producers who joined us this past summer – is emblematic of the innovative, powerful platform we’ve built so far at NewPoint.”
These latest hirings mark a continued trend of high-level appointments to NewPoint's originations team, with three other significant additions occurring in the second half of 2023. Laurie Morfin, Senior Managing Director, and David Bleiweiss, Managing Director, recently joined NewPoint’s Irvine, CA, office. In addition, Charlotte, NC-based Mike Ortlip was recently appointed a Senior Managing Director.
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, as well as third-party placement solutions.
NewPoint Media Contact:
Elyse Bandel
NewPoint Real Estate Capital
Elyse.Bandel@NewPoint.com
917.447.0143