With nearly a decade of experience in affordable housing, Crowe brings a unique perspective to NewPoint with finance expertise from both the developer and lender perspectives.
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.
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.
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.
NewPoint has provided two conventional Freddie Mac Multifamily loans totaling $93.5 million to an affiliate of American Landmark LLC to refinance two multifamily communities.