NewPoint Real Estate Capital announced its strategic integration of the Alder View Capital (SVC) team into its platform. The move came on the heels of NewPoint’s appointment of AVC’s founder and CEO, Nick Gesue, as CEO of NewPoint itself. AVC’s Kevin Laidlaw and Cal Masterson will be joining Gesue at NewPoint, as well, adding to NewPoint’s deep bench of expertise.
The combination will position NewPoint as a leading provider of borrower-centric capital solutions to the senior housing and care sector, in addition to the broader multifamily and residential housing sector. And the NewPoint platform provides AVC clients with access to a suite of lending options, including agency (Fannie Mae and Freddie Mac) and HUD financing, as well as transaction and servicing capabilities. As CEO, Gesue is charged with continuing to drive strategic growth and innovation.
Gesue will also join us on the Third Quarter Investor Call on October 23, 2024. The webinar, sponsored by NewPoint, will feature a panel of lending experts offering their capital markets advice to borrowers in many different scenarios: M&A deals, refinancing troubled assets, the costs of construction lending today, and more. Operators, investors and lenders will not want to miss the event. You can register here.
