NewPoint Adds Agency Loans to Seniors Housing Finance Platform
NewPoint Real Estate Capital has expanded its financing offerings to include seniors housing agency loans. The company said its designation as an approved Fannie Mae Seniors Housing Lender and Freddie Mac Optigo Seniors Housing Lender is a result of the firm’s commitment to the seniors housing and healthcare space and its drive to offer clients a diverse product suite serving the full continuum of care.
“NewPoint has made a strategic effort to build out the originations, underwriting, processing and servicing capabilities of our Seniors Housing and Healthcare Platform by recruiting the best and the brightest in the industry,” said CEO David Brickman.
The Seniors Housing Agency Platform offers fixed- and floating-rate loans with interest-only options and a variety of prepayment structures. Eligible properties include independent living, assisted living and memory care facilities, as well as facilities with a limited amount of skilled nursing.
- ◦Financing