Jersey City, NJ (March 21, 2023) – NewPoint Real Estate Capital (“NewPoint”) has provided a $153.6 million Freddie Mac Conventional loan to refinance The One for BLDG Management, a private real estate
Mark Dean, Head of Affordable Production at NewPoint, was asked to shed light on market conditions and what affordable housing owners can do to position themselves for success.
Recession fears driven by record-high inflation and surging interest rates have overwhelmed investor sentiment, leaving many wondering what will come next.
There is no shortage of factors influencing the year ahead for the rental real estate markets, and yet the demand for affordable housing has never been higher.
Mark Dean sat down with Bisnow to discuss the impact of inflation and rising rates, what 2023 has in store for affordable housing, and how the NewPoint Impact platform can help investors and developers create and preserve affordable housing.
NewPoint has provided $12 million in NewPoint Impact financing to facilitate the development of The Flats at 402, a 54-unit affordable housing community that will be built in Madison, WI.
Tax Credit Advisor sat down with David Brickman, CEO and Rob Wrzosek, President - Affordable Strategies, to learn more about NewPoint, its impact platform and its top priorities for the new year.
