NewPoint Real Estate Investment Management LLC (herein referred to as “NREIM” or “Investment
Manager” or “the Firm”) is an SEC-registered investment adviser with its principal place of business
located in New York. NREIM and NewPoint Real Estate Capital LLC (herein, “NewPoint”) are
indirectly majority owned by Meridian Capital Group, LLC, a Delaware limited liability company
and Barings LLC, a Delaware limited liability company.
Advisory Services. The Firm provides discretionary investment advice to privately offered pooled
investment vehicles (each, a “Fund” or “Client”), as described below.
NewPoint + More Capital Affordable Fund LLC (“More Capital”) is a joint venture between
NewPoint Affordable Lending LLC (“NewPoint Affordable”), which serves as the Managing
Member and Morgan Properties NPJV Investor LLC (“Morgan Properties”). More Capital will have
a subsidiary, NewPoint Impact Fund I LP, a Delaware Limited Partnership (the “Impact Fund”). The
Impact Fund’s general partner (the “Impact General Partner”) will be a subsidiary of More Capital.
NewPoint PRED SFR Fund I LP, a Delaware limited partnership (the "SFR Fund”), is a pooled
investment vehicle that invests primarily in single-family build-to-rent property loans (each a "BTR
Loans”), single-family rental property loans (“SFR Loans”) and BTR Loans and SFR Loan related
securities. The SFR Fund’s general partner is NewPoint SFR GP I LLC, a Delaware limited liability
company (the “SFR General Partner” and, together with the Impact General Partner, the “General
Partner”). The SFR Fund currently has one institutional investor, but expects to open the SFR Fund
to additional investors in the future.
NREIM has been delegated the role of advisor over the Impact Fund and the SFR Fund.
Currently, NREIM’s only clients are the Impact Fund and the SFR Fund. Each of the Funds will be
managed pursuant to an Investment Management Agreement (the “IMA”).
Prospective investors should be aware that there may be occasions where the General Partner,
NREIM, their respective affiliates and the partners, members, shareholders, principals, officers,
directors and employees thereof (collectively, the “NewPoint Parties”) may encounter potential
conflicts of interest in connection with Funds’ activities. This Firm Brochure aims to disclose some
of those conflicts of interest.
The NewPoint Parties perform services for other parties similar to the services to be performed
with respect to Funds. In particular, NREIM or affiliates may sponsor, manage and advise other
investment funds, investment vehicles or investment accounts, which may include co-investment
vehicles (collectively, “Other Accounts”).
By acquiring an Interest
1 in a Fund and executing the applicable Subscription Agreement, each
Limited Partner will be deemed to have (a) acknowledged and represented that it has carefully
reviewed the applicable Fund’s Memorandum, the Partnership Agreement and the Subscription
Agreement (together the “Offering Documents”), and (b) understands and consents to the
1 “Interest” means an interest in the Partnership of the Fund.
existence of actual and potential conflicts of interest, including those described herein. Additional
information on conflicts can be found in the Offering Documents for each Fund.
Assets Under Management. As of May 22, 2023, NREIM has $203,551,562 of assets under
management. Currently, all assets are managed on a discretionary basis.