NewPoint Originates $52.1 Million Bridge-to-HUD Loan for Skilled Nursing Portfolio in Chicago MSA

CHICAGO, IL - (June 23, 2026) - NewPoint Real Estate Capital LLC ("NewPoint") originated a $52.1 million in bridge-to-HUD loan to refinance a 736-bed skilled nursing portfolio in the Chicago MSA.

The floating-rate bridge loan provides the borrower with a 36-month initial term and extension options, offering flexibility as the portfolio transitions to a long-term HUD execution. The financing is structured to support ongoing operations and position the assets for permanent takeout.

The loan was originated by NewPoint President of Healthcare and FHA Lending, Erik Lindenauer.

"This transaction highlights the continued demand for flexible bridge solutions that provide a clear path to HUD execution," said Mr. Lindenauer. "We were able to deliver a structure that aligns with the borrower's long-term capital strategy while preserving optionality for permanent financing."

The transaction underscores NewPoint's continued momentum in healthcare lending and its ability to deliver capital solutions for skilled nursing operators across key markets.

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
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