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Elan Magence

Senior Vice President

Elan Magence is a Senior Vice President on the FHA originations team. He is responsible for originating FHA/HUD loans for healthcare, seniors housing and multifamily properties nationally. He is based in Chicago. He has over 15 years of lending experience and has originated and managed over $1 billion of FHA LEAN and MAP loans during his career. Prior to joining NewPoint with the acquisition of HHC Finance, Magence was a Senior Vice President at HHC Finance for 13 years. 

He holds a Bachelor of Science in Marketing from Yeshiva University and has volunteered as an EMT with Hatzalah Chicago since 2011.

Recent Closings

HUD 223(f) Supportive Living Refinance
HUD 232/223(f) Skilled Nursing Refinance