NorthPoint Capital
Midwest Mortgage Bankers
NorthPoint Capital Group is a major Midwest commercial mortgage banking group of companies specializing in originating and servicing quality mortgage loans for real estate owners and our institutional lenders. NorthPoint Capital strives to provide our borrower clients with loans on the most competitive terms structured to meet the requirements of our borrowers and lenders. Since formation in 1998, NorthPoint Capital has built a servicing portfolio of $400 million.
NorthPoint Capital, L.L.C. is an FHA MAP lender providing permanent loans and construction loans for apartment properties.
Apartments |
Office Buildings |
Shopping Centers |
Industrial Properties |
Product Financed
NorthPoint's primary concentration is arranging permanent financing for existing:
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Apartments
Industrial properties
Office buildings
Medical office buildings
| Retail centers
Manufactured housing communities
Senior housing
Self-storage facilities & Hotels
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Companies
NorthPoint Capital has loan production companies in Chicago and Detroit.
Our mortgage servicing company, NorthPoint Capital, L.L.C., is located in Chicago. It is staffed with experienced servicing and closing personnel to assure quality service to our borrowers and lenders.
Geographic Areas
The Company is active in all the major markets in Michigan and Illinois. We also finance a volume of properties in Indiana, Ohio, Missouri, and Wisconsin. Selectively, we finance property throughout the United States.
Lending Sources
Our correspondent life insurance companies are generally our primary lending source. However, we also finance a substantial volume of business with banks, credit unions, conduits, pension funds and other capital sources. For apartment properties we arrange Fannie Mae and Freddie Mac loans, as well as loans with NorthPoint Capital, L.L.C. which is a HUD Lender.
Expertise
The market knowledge we possess and the expertise we provide to our lenders makes us very effective at placing loans for our clients. NorthPoint's loan processing procedures are designed to produce quality loan submissions quickly and efficiently. Much effort is put into presenting thorough, yet concise, loan presentations so those lenders can respond quickly with competitive financing proposals rather than ask for additional information.
Principals of the Companies
NorthPoint Capital's principals, Keith A. Volgman, Marvin C. Daitch, Frederick A. Miller, and Jeffrey J. Hadrick, each have 25 to 35 years of real estate finance experience and have developed the relationships needed to meet the goals and requirements of our clients. Together they have arranged several billion dollars in mortgage loans for their clients. Because of their expertise and knowledge, NorthPoint Capital provides quick and competitive results. test
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