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Industry Veteran Joins NewPoint Real Estate Capital
NewPoint Real Estate Capital has hired Mike Ortlip as senior managing director. Ortlip is based in Charlotte, NC, and will focus on providing financing solutions to commercial real estate owners on a national basis through NewPoint’s Agency, FHA/HUD, Proprietary and third-party loan programs.
Prior to joining NewPoint, Ortlip was a senior vice president at Grandbridge Real Estate Capital. Ortlip has originated more than $7 billion in volume across a variety of loan structures and asset classes.
“I am thrilled to be a part of NewPoint, an entrepreneurial company with a platform entirely dedicated to providing innovative and modern financing solutions for real estate owners and institutions,” Ortlip said. “Distinguished by its leadership and team, NewPoint has differentiated itself among lenders by focusing on refining and reinventing loan products and processes. I look forward to contributing to the ongoing expansion of its platform and sharing its benefits with my clients.”
- ◦People