Post on 03-Aug-2020
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berkpoint.com
F H A p r o g r a m s
national footprintover 300 employees strategically positioned across the country
we offer a depth of market knowledge
and experience throughout the USA
a leader in the FHA space
why berkeley point?
• We are one of the nation’s leading providers of
multifamily and affordable financing
• We offer a full complement of Fannie Mae, Freddie
Mac, FHA, CMBS and Life Company products
• Our 29+ year history of multifamily loan originations,
underwriting, closing, servicing and asset management
• Our $47.4B in combined production with CCRE since 2010
• We are ranked top ten Fannie Mae and Freddie Mac
lenders in 2015*
• We are an established leader in the area of Large
Portfolio and Structured transactions
• We are capitalized by strong institutional sponsorship
strong parent & affiliate relationships
*#4 Fannie Mae, #8 Freddie Mac, according to MBA Rankings
berkpoint.com
the berkeley pointFHA advantage
We pride ourselves on a team-based engagement
model, which allows for the delivery of customized
capital solutions unique to each borrower’s
particular situation. As a result, Berkeley Point
Capital has earned a reputation for extraordinary
service and top-notch guidance, allowing us to offer
our clients speed, creativity, ease of interface and
certainty of execution from beginning to end.
the berkeley pointFHA advantage
our breadth of experience and depth of knowledge sets us apart
a legacy of proven results• Average of 20 years experience among senior
management, underwriters, closers, asset management
and servicing team members
• Extensive knowledge of structure types and credit
exceptions
• Our underwriters know the programs and the process so
we can guide our borrowers through the financing with
certainty and speed
deep relationships with FHA• Constant collaboration to create innovative financing
solutions
• Team includes previous senior HUD officials who help to
maintain valuable relationships with all HUD offices
borrower-focused• Hands-on service from origination, underwriting,
construction management and loan servicing
• Continuously exceeding the customer capital solution
needs of our clients
berkeley point history
berkpoint.com
Founded as Berkshire Mortgage Finance
Merging of 3 Regional Firms as Berkshire Mortgage creates the first national multifamily platform and the country’s top GSE lender
Acquired by Deutsche Bank
Acquired by entities affiliated with WL Ross & Co. LLC & Ranieri Real Estate Partners LP
CCRE, a top diversified commercial real estate lending platform, acquired the newly named Berkeley Point Capital, creating the country’s largest non-bank platform
ARA, one of the nation’s largest apartment investment sales platforms, merged with Newmark and joins BPC/CCRE in the Cantor Fitzgerald family of companies, cementing BPC’s position as a premier multifamily solutions provider
1987
1997 2000
2004
2012
2015
2014
$53+ billionservicing portfolio representing in excess of 2,900 loans in 49 states and the District of Columbia
In addition to the above Primary Servicing Portfolio as of July 2016, Berkeley Point Capital’s servicing portfolio includes $5.5 billion special servicing plus
$15 billion in CMBS Limited Servicing, for a total of $53+ billion
berkeley point capital provides access to a wide range of competitive financing options to meet each client’s unique needs:
• Least expensive, long-term, non-recourse, permanent
financing available in the market
• Interest rates are fixed for the life of the loan; fully
amortizing terms of up to 35 years for the refinancing
programs and up to 40 years for the construction
programs (plus 2 years for construction period)
• Assumable
• Streamline refinance (223(a)(7))
• HUD’s LEAN Program provides a simplified process for
senior housing & healthcare transactions
• Integrated construction & permanent loans with no
lease-up exposure (40-year loan)
• Reduced MIP for Green Properties and Affordable
Properties of 25 and 35 bps
FHA programsMultifamily | Affordable | Elderly | Skilled Nursing | Assisted Living | Board and Care | Hospitals
Multifamily | Affordable | Elderly | Skilled Nursing | Assisted Living | Board and Care | Hospitals
section 221(d)(4)/220 New construction or substantial
rehabilitation of apartments
section 223(f) Acquisition or refinance of
apartments
section 232 New construction or substantial
rehabilitation for health care
facilities; processed through LEAN
section 232 pursuant
to section 223(f)
Acquisition or refinance of health
care facilities, including skilled
nursing, assisted living, and board
& care
section 223(f) LIHTC Streamlined processing (direct to firm
commitment) for affordable rental
apartments with 4% or 9% LIHTCs
including projects with Section 8
HAP contracts
section 223(a)(7) Streamlined refinance of existing
FHA Insured Mortgages (to reduce
the interest rate and pay associated
costs)
section 241 Supplemental loan program for
renovation or expansion of existing
FHA insured multifamily properties
and health care properties
section 242 New construction or substantial
rehabilitation of acute care facilities
including critical access hospitals
berkeley point FHA programs
addressing financing needs• Acquisition
• Refinance
• Bridge loans
• Second mortgages
• Streamline refinance (223(a)(7))
• Tax-exempt / tax-credit / rehab & preservation
• Integrated construction and permanent loans
• Tax credit financing and tax-exempt bond financing
with or without credits
• Project-based Section 8, Hope VI transactions,
Section 202 refinancings
• Short term bonds with 4% tax credits
• Expertise in due diligence and analysis of every aspect of the loan from screening to closing
• Extensive experience in, and underwriting of, market rate and affordable properties
• Underwriters complete rigorous certification through BPC proprietary training program
• FHA underwriters participate in various HUD trainings including MAP, LEAN, LIHTC and RAD programs
• Dedicated FHA closing department coordinates all aspects of loan closing and delivery
• BPC trades its own Fannie Mae MBS and Ginnie Mae bonds to third-party investors, resulting in better pricing and faster execution
• Offices on East and West Coasts
• Rated primary servicer (Fitch CPS2; S&P Above Average; KBRS) / special servicer (Fitch CSS3+; S&P Average)
• Conventional and special asset management capabilities
underwriting
closing & trading
servicing & asset
management
berkpoint.com
our diverse expertise
berkpoint.com
Diverse in nature and scope, our nationwide
servicing portfolio includes permanent loans,
construction and forward products, mezzanine
financing and negotiated/multi-asset transaction
loans.
Loans serviced are secured by multifamily,
healthcare, lodging, mobile home parks, office, retail,
self-storage, industrial and mixed-use properties.
Our robust asset management and servicing platform
provides risk management, collateral management,
loan servicing, construction loan administration,
special servicing and workout expertise.
We use the best servicing technology available,
which provides our team with a highly specialized
monitoring system and infrastructure, enhancing
customer service for both our borrowers and our
capital providers.
our dedicated team of FHA experts
will be with you throughout the life
of your loan
a superior customerservice experience
our diverse expertise
conventional multi-housing
affordable housing
cooperative housing
manufactured housing
new construction
seniors housing & healthcare
student housing
berkeley point capitalexceptional people creating extraordinary capital solutions
To see more properties financed by Berkeley Point Capital, please go to the Berkeley Point Deal Library on www.berkpoint.com.
This information was created as of September 2016 and is subject to change.
This material was written to support the marketing of the transactions or topics it addresses and production figures referenced are subject to ongoing change. Availability of products and designs
discussed are based on eligibility and underwriting and are subject to change.