NewPoint Originates $34.5 Million Bridge-to-Agency Loan for Multifamily Property in Greer, SC

GREER, SC - (June 15, 2026) - NewPoint Real Estate Capital LLC ("NewPoint") has originated a $34.5 million bridge-to-agency loan for the refinance of a 257-unit multifamily property located in Greer, South Carolina.

The loan features an initial two-year term with a one-year extension option, providing the borrower with additional flexibility and runway as the property continues its lease-up strategy and moves toward stabilization.

The financing was originated by NewPoint Senior Managing Director, John Motzel.

"Bridge financing continues to play an important role for multifamily sponsors navigating lease-up and transitional periods," said Mr. Motzel. "In this case, we were able to provide a flexible solution that supports the borrower's refinancing objectives while positioning the property for long-term success as leasing activity progresses," he added.

The transaction further demonstrates NewPoint's ability to deliver tailored solutions across a range of scenarios, including transitional and lease-up assets in markets nationwide.

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 $1.74 trillion in total assets under management (as of April 30, 2026). To view NewPoint's licensing information, please visit newpoint.com/licensing-disclosures/.

Forward-Looking Statements
Certain statements included in this press release are forward-looking statements. Those statements include statements regarding the intent, belief or current expectations of NewPoint and members of our management team, as well as the assumptions on which such statements are based, and generally are identified by the use of words such as "may," "will," "seeks," "anticipates," "believes," "estimates," "expects," "plans," "intends," "should" or similar expressions. Actual results may differ materially from those contemplated by such forward-looking statements. Further, forward-looking statements speak only as of the date they are made, and we undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, unless required by law. NewPoint's forward-looking statements are subject to various risks and uncertainties. Factors that could cause actual outcomes to differ materially from our forward-looking statements include macroeconomic factors in the United States including, but not limited to, inflation, changing interest rates and economic contraction, the extent of any recoveries on delinquent loans, and the financial stability of our borrowers. The forward-looking statements included in this communication are made only as of the date hereof.

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