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NewPoint names new head of affordable housing production

NewPoint names new head of affordable housing production | Mortgage Professional

Executive to focus on efforts to address the current housing affordability crisis

NewPoint Real Estate Capital has named industry veteran Mark Dean (pictured) as head of affordable housing production.

In his new role, Dean will oversee the expansion of NewPoint’s affordable housing platform and proprietary lending products for the creation and preservation of affordable housing nationwide.

Dean brings 40 years of mortgage and real estate experience to Newpoint. Before joining the company, he spent nearly 16 years at Citi Group, where he most recently served as managing director, national production manager. Prior to that, he held various leadership roles at Capmark, U.S. Bancorp, and Rainier Bank.

“Our comprehensive and innovative, affordable product suite can only have significant impact if backed by strong leadership and the intellectual capital and drive to deliver with speed, foresight and certainty,” said NewPoint CEO David Brickman. “There are few in this industry with greater experience and technical expertise than Mark. We are excited to have him leading NewPoint’s efforts to support affordable housing developers as they work to resolve the current affordability crisis.”

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“Re-entering the affordable housing space was not a decision I made lightly – it took an opportunity where it was clear that I could make a significant difference connecting developers with new, innovative ways to support their portfolios and the communities they serve,” Dean said. “NewPoint is committed to tackling the affordable housing crisis head-on with forward-thinking financing solutions, and I look forward to unleashing the power of NewPoint’s platform to do just that.”

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