NewPoint Arranges $39.3 Million in FHA Financing for Active Adult Community in Spokane, WA

SPOKANE, WA - (September 22, 2026) - NewPoint Real Estate Capital LLC ("NewPoint") has provided $39.3 million in FHA 221(d)(4) financing for ground-up construction of a 153-unit active adult community in Spokane, Washington.

The two-year construction loan, plus fully amortizing 40-year FHA financing, provides long-term, fixed-rate capital to support the construction and stabilization of the property, underscoring NewPoint's ability to structure efficient FHA capital solutions for multifamily developments nationwide.

The transaction was arranged by NewPoint's Tom Peters and Joe Jurczak.

About NewPoint Real Estate Capital LLC
NewPoint is a national commercial real estate platform delivering capital solutions, loan servicing, and investment sales in support of the multifamily, affordable housing, seniors housing, healthcare, student housing, and manufactured housing sectors. The firm leverages technology, data, capital, and the expertise of its industry-leading team to drive execution and create value across the lifecycle of a property. In addition to being a Fannie Mae DUS®, Freddie Mac Optigo®, and FHA/HUD MAP and LEAN lender, the company also offers proprietary bridge, ground lease, and affordable housing financing. NewPoint is owned by Franklin BSP Realty Trust ("FBRT"). FBRT is externally managed by Benefit Street Partners L.L.C., a wholly owned subsidiary of Franklin Resources, Inc. ("Franklin Templeton"), one of the world's largest independent investment managers with $1.79 trillion in total assets under management (as of June 30, 2026). To view NewPoint's licensing information, please visit newpoint.com/licensing-disclosures/.

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