NewPoint Real Estate Capital provides $50 million loan for Plant City apartment community
NewPoint Real Estate Capital has issued a $50 million bridge loan to Hillpointe to refinance Pointe Grand Plant City, a recently completed multifamily community in the Tampa Bay area. The two-year, floating-rate, interest-only loan was originated by Trevor Ritter, managing director at NewPoint. Pointe Grand Plant City features 300 two-bedroom units, across 10 three-story apartment … Read more