NewPoint Arranges $18.7 Million in FHA Financing for Assisted Living Facility in Suffolk County, NY

SUFFOLK COUNTY, NY - (April 30, 2026) - NewPoint Real Estate Capital LLC ("NewPoint") has provided an $18.7 million FHA 223(f) loan to refinance a 108-unit assisted living facility located in Suffolk County, New York.

The 35-year fully-amortizing loan supports the refinancing of the existing capital structure while enhancing long-term cash flow predictability.

The financing was arranged by NewPoint President of Healthcare and FHA Lending, Erik Lindenauer.

"This transaction reflects the strength and reliability of FHA financing for stabilized healthcare assets, particularly in today's market environment," said Mr. Lindenauer. "We were able to deliver a long-term, fully-amortizing structure that aligns with the borrower's objectives while ensuring certainty of execution through the FHA program," he added.

The financing underscores NewPoint's continued activity in the healthcare lending space and its ability to structure efficient, long-term capital solutions for assisted living facilities nationwide.

About NewPoint Real Estate Capital LLC
NewPoint is a national commercial real estate finance firm offering lending solutions across multifamily, affordable housing, seniors housing, healthcare, and manufactured housing sectors. The firm leverages technology, data, capital, and the expertise of its industry-leading team to provide loan origination, servicing, execution, and a suite of financing products to meet the evolving needs of borrowers. In addition to being a Fannie Mae DUS®, Freddie Mac Optigo®, and FHA/HUD MAP and LEAN lender, NewPoint also offers proprietary 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 $1.7 trillion in total assets under management (as of January 31, 2026). To view NewPoint's licensing information, please visit newpoint.com/licensing-disclosures/.

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