NewPoint Real Estate Capital

NewPoint's Larry Perez originated $12.5 million in Fannie Mae Sponsor-Dedicated Workforce (SDW) financing to facilitate Roark Equity's acquisition of Sonoma Apartments, a 232-unit apartment community located in Houston. The loan structure featured a seven-year term with four years of interest only and a competitive rate. Fannie Mae Multifamily’s SDW program is designed to support conventional multifamily properties; borrowers receive lower interest rates and streamlined underwriting by agreeing to keep a minimum of 20% of units affordable at 80% of AMI or 100-120% of AMI in specific cost-burdened markets. #workforcehousing #finance #reimaginingCREfinance

In his recent byline in Multifamily Executive, David Brickman tackles pressing challenges and emerging opportunities as the multifamily market adjusts to its new normal. Don’t miss this insightful read: https://lnkd.in/e7qyyBi8 MFE Magazine #multifamily #finance #reimaginingCREfinance

Connect with us at Booth 331 at Florida Health Care Association's Annual Conference Trade Show in Orlando. Stop by to speak with Elan Magence and Charles Dabich to see how NewPoint is driving innovation and delivering solutions across healthcare and seniors housing finance. #FHCA2024 #healthcare #seniorshousing #finance #reimaginingCREfinance

K. Laurie Wood Morfin will take the stage to share her perspectives on shifts and trends in the multifamily market on the panel “CRE State of the Industry,” a perennial highlight of GlobeSt.com.’s Women of Influence Conference that brings together leading specialists from all aspects of the industry. Learn more here: https://lnkd.in/ekzFcB6i #womeninrealestate #womenofinfluence #creleaders #reimaginingCREfinance

Michael Gehl weighs in on FHA Section 232 LEAN activity through the first half of HUD's 2024 fiscal year in a recent Seniors Housing Business article. He sees a growing pipeline of activity that could result in 2024 closings surpassing last year's deal volume. Learn more here. #seniorshousing #healthcare #finance #reimaginingCREfinance

Our team is headed to Austin for the 2024 Texas Housing Conference. Connect with one of our experts to learn about NewPoint's suite of customized financing solutions that support the full spectrum of affordable housing.   Marc Cesare Bryan Dickson Ryan Irvin Joe Jurczak Tom Peters   #affordablehousing #finance #txhousing #taahp #reimaginingCREfinance

NewPoint's Martin Fayer originated on behalf of NOVO Properties a $22.3 million Freddie Mac Multifamily Workforce Housing Preservation loan for Tudor Place and Canonbury Square, two neighboring garden-style communities located in Takoma Park, MD. Here's what Marty had to say about this impactful solution. "The decision to utilize Freddie Mac's Workforce Housing Preservation program exemplifies NOVO's forward-looking approach and dedication to preserving affordable housing options for the missing middle. We have found that voluntary rent restrictions are a powerful tool for lowering debt costs, especially when combined with the ability to rapidly rate lock during a bond market rally." Get the full story here: https://lnkd.in/edzPVMVR #multifamily #finance

NewPoint's Bryan Dickson shares his thoughts on how to build out the affordable housing capital stack with tax credit equity and greater loan proceeds in this recent article from GlobeSt.com. Get the full scoop here. #affordablehousing #finance

We celebrate our nation and the ideals of life, liberty, and the pursuit of happiness. Enjoy this Fourth of July! #July4 #IndependenceDay

Congratulations Trey Palmedo on being named one of CRE's Aspiring Leaders by GlobeSt.com. In a relatively short time in the business, Nashville-based Trey has made a name for himself as a leading multifamily originator serving clients on a national basis. Learn more here: https://lnkd.in/e5UrJQcz #multifamily #finance #GlobeSt #AspiringLeader