NewPoint has provided a $50,724,000 conventional Freddie Mac Multifamily loan on behalf of an affiliate of American Landmark LLC to refinance Reunion at 400, a 288-unit community located in Kissimmee, FL.
Fannie Mae has expanded eligibility for its Healthy Housing Rewards™ program, meaning more properties can now qualify for pricing incentives by incorporating health-promoting features.
Based out of Charlotte, NC, Martinson will play a pivotal role in the firm’s Agency and Proprietary Lending Platforms, focusing specifically on conventional multifamily and student housing properties.
NewPoint has provided $10,910,000 in Fannie Mae loans on behalf of The Management Group, Inc. to refinance two multifamily properties in Washington. The conventional garden-style apartment communities are both within the Portland, OR, MSA.
NewPoint has closed a $14,015,000 bridge loan to facilitate the acquisition and proposed renovation of Chesapeake Apartments, a 127-unit garden-style multifamily community in Dallas, TX.
NewPoint has provided an $86.6 million Freddie Mac floating-rate loan to facilitate the acquisition of Alcove at Seahurst on behalf of an affiliate of Harbor Group International
The Wall Street Journal recently spoke with David Brickman, Chief Executive Officer at NewPoint Real Estate Capital, about the relationship between interest rates, rents and building values.
Sean Huntsman and Katherine Stewart have joined NewPoint. This accomplished duo has worked together for 20+ years and will be establishing NewPoint's Seniors Housing Agency Platform.