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PLANO, Texas — A partnership between Meridian Capital Group and Barings has launched NewPoint Real Estate Capital.
The new company, based in Plano, will focus on multifamily finance options, including seniors housing. The company replaces Barings Multifamily Capital, which the joint venture recently acquired.
The company has not unveiled its full staff yet, but in an email to clients CEO David Brickman suggested it will include “a slew of industry veterans.”
NewPoint will operate as an independent company, separate from Meridian and Barings.