Veteran Multifamily Originators Join NewPoint in Washington, D.C.
John DeWitt and Martin Fayer Bolster Firm’s Long-Term Growth Strategy and Deepens Expertise to Production Team
Washington, D.C. (February 18, 2022) – NewPoint Real Estate Capital LLC (“NewPoint”) announced the most substantial hires yet to the company’s growing originations team. In appointing industry veterans John DeWitt and Martin Fayer to significant production roles, NewPoint expands its focus on conventional multifamily and affordable housing originations.
“I am incredibly excited to welcome Martin and John to NewPoint; they exemplify the NewPoint ethos and will be instrumental as we continue to build a best-in-class multifamily lending platform,” said NewPoint CEO David Brickman. “They bring deep industry experience and expertise, an exceptional commitment to client service and tremendous integrity to NewPoint. In addition, they share our desire to drive innovation and change in the evolving economic landscape of multifamily real estate.”
As Senior Managing Directors based in the firm’s Washington, D.C. office, both John DeWitt and Martin Fayer will focus on conventional multifamily loan originations. They each join NewPoint with more than 25 years in the industry and a strong track record of success in loan originations.
Throughout his career, DeWitt has placed loans with debt funds, balance sheet lenders, life companies, banks, Freddie Mac, Fannie Mae and FHA/HUD. His clients range from small private owners to large intuitional funds. He joins NewPoint from the commercial mortgage finance division of a global investment management company. Earlier in his career he held positions with Johnson Capital, Reilly Mortgage Group and Freddie Mac.
Fayer’s client base includes individual owners, private equity funds, REITs, pension funds and other institutions. He has held positions at other real estate lending firms, including Managing Director at PGIM, a division of Prudential, Principal at Johnson Capital and Vice President of Loan Production at Reilly Mortgage, as well as lending, loan underwriting, and loan asset management positions at GMAC-RFC and Freddie Mac.
“We are building a top-tier originations team with multifaceted experience and broad reach,” said Geri Borger Urgo, Head of Production at NewPoint. “John and Marty will prove invaluable to our growth given their formidable industry experience and strong relationships built on best-in-class execution. We are thrilled to have them on board, and to watch how they will leverage NewPoint’s product suite to assist clients in navigating an evolving economic landscape.”
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 bridge financing. Launched in 2021, NewPoint is a joint venture of Meridian Capital Group, LLC, the nation’s leading commercial mortgage brokerage, and Barings LLC, one of the world’s leading investment managers.
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