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.
After withstanding the pandemic and its subsequent challenges, the senior housing industry is seeing occupancy rates and construction starts trending upward, and owner-operators and lenders across the country are taking notice.
The Federal Housing Finance Agency (FHFA) has announced the 2023 multifamily volume cap structure for the Government-Sponsored Enterprises (GSEs) Fannie Mae and Freddie Mac, which provide several benefits for affordable and workforce housing.
NewPoint has provided a $105 million bridge loan to facilitate the acquisition and lease-up of SeventyOne15 McDowell, a 2022-built mid-rise luxury community located in Scottsdale, AZ.
Despite a volatile market, NewPoint showed strongly on the fiscal year 2022 HUD/FHA LEAN Rankings, securing the #2 spot for initial endorsements with $389 million financed across 28 transactions representing.
