Michael Gehl weighs in on FHA Section 232 lending activity through the first half of HUD's 2024 fiscal year in a recent Seniors Housing Business article. He says that a growing pipeline of activity could result in closings surpassing last year's volume.
NewPoint Impact Fund I has provided $13.3 million in 501(c)(3) bond financing to facilitate the acquisition, rehabilitation, and recapitalization of Ridgecrest Apartments Phase II.
NewPoint’s Michael Gehl joined Seniors Housing Business for its annual finance roundtable discussion on the state of the seniors housing and healthcare market.
NewPoint senior managing directors Bryan Dickson and Marc Cesare shared their take on the affordable housing market challenges and opportunities at play.
The Department of Housing and Urban Development (HUD) revised its Corporate Credit Review (CCR) process for portfolios utilizing FHA Section 232 programs to finance residential care facilities.