New York & Tri-State + Midtown New York + Finance | June 22, 2021

Meridian, Barings Launch Multifamily Financing Platform

Meridian Capital Group and Barings have launched NewPoint Real Estate Capital. First announced in January, the partnership will build upon Meridian’s extensive relationships and the breadth of Barings’ lending and asset management capabilities.

Former Freddie Mac CEO David Brickman is serving as NewPoint’s CEO. Brickman also joined Meridian in January as executive chairman.

Also on the NewPoint executive team are president Jeff Lee, COO Phil Spellberg and head of capital markets Elie Tannous. Meridian CEO Ralph Herzka and president Yoni Goodman will work closely with Brickman and Lee to chart the strategic growth of NewPoint.

“Through NewPoint, we intend to drive much-needed innovation in the multifamily sector by using technology to facilitate agency loans and reinvent multifamily securitization,” said Brickman. “We’ll accomplish this by combining the extensive resources and sector-specific expertise of Meridian with Barings’ lending and asset management capabilities.”

Herzka added, “Our goal is for NewPoint to quickly become a go-to platform for multifamily financing nationwide.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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