NewPoint Real Estate Capital LLC (“NewPoint”) has provided a $49 million bridge-to-agency loan for the refinance of Evolve at the Pines Apartment Homes, a 288-unit multifamily property located in Greenville, North Carolina.
NewPoint Real Estate Capital (“NewPoint”) has provided a $66 million Freddie Mac loan for the purchase of The Reed, a 417-unit multifamily community located in Rockville, Maryland.
NewPoint Real Estate Capital (“NewPoint”) has provided a $17.6 million Freddie Mac loan for the acquisition of Sweetwater Springs, a 95-unit build-to-rent multifamily community located in Lawrenceville, Georgia.
NewPoint Real Estate Capital (“NewPoint”) has arranged a $45.5 million fixed-rate loan for the acquisition of Revel Ballpark, a 275-unit multifamily community located in Atlanta, Georgia.
NewPoint Real Estate Capital (“NewPoint”) has received a firm commitment in only seven business days through the Federal Housing Administration’s (FHA) Express Lane program for the refinance of a 130-bed skilled nursing facility located in the Hartford metropolitan area.
NewPoint Real Estate Capital (“NewPoint”) is now approved to offer Preferred Equity alongside Freddie Mac loans, further expanding the firm’s integrated capital solutions platform for multifamily borrowers nationwide.
NewPoint Real Estate Capital LLC (“NewPoint”) has originated a $53 million bridge loan to facilitate the acquisition of the Rochester Independent Living Portfolio, a five-property independent living portfolio totaling more than 700 units located in the Rochester, New York MSA.
NewPoint Real Estate Capital LLC (“NewPoint”) has hired Tim Cobb as Managing Director, leading the firm’s new healthcare investment sales platform, marking a significant expansion of the company’s capabilities.