NewPoint Announces Leadership Promotion and Transition

NEW YORK--(BUSINESS WIRE)--NewPoint Real Estate Capital LLC (“NewPoint” or “the Company”) today announced the promotion of Geraldine “Geri” Borger Urgo to President of Agency Lending. Ms. Borger Urgo, who played a key role in leading NewPoint’s acquisition by Franklin BSP Realty Trust, has since guided the integration process and helped shape NewPoint’s strategic direction. She brings extensive industry knowledge to the position, having previously spent nearly 15 years at Freddie Mac and, most recently, serving as NewPoint’s Head of Originations over the past four years.

Separately, Nick Gesue will depart his role as Chief Executive Officer, effective September 1, 2025. His position was transitioned as part of consolidating leadership following the acquisition. Responsibility for NewPoint will remain with the existing executive team under the direction of Michael Comparato, President of Franklin BSP Realty Trust.

“Geri’s promotion highlights the strength of our leadership team and reflects the pivotal role she played throughout the acquisition and integration process,” said Mr. Comparato. “Her guidance will be critical as NewPoint continues to execute its strategy and drive growth. We are grateful to Nick for his contributions in guiding NewPoint through the transaction and wish him the very best.”

Further commenting, Ms. Borger Urgo added, “I am grateful for the opportunity to help lead NewPoint into its next chapter of growth. I want to thank Nick for his leadership. It’s been a privilege to work alongside him.”

Reflecting on his tenure, Mr. Gesue shared, “My time at NewPoint has been a rewarding experience. I deeply believe in the Company’s strategy and future direction, and I am confident that the organization is well-positioned for sustained success.”

About NewPoint Real Estate Capital

NewPoint Real Estate Capital LLC (NewPoint) is a prominent commercial real estate finance company delivering lending solutions to investors of multifamily, affordable housing, seniors housing, healthcare, and manufactured housing properties nationwide. NewPoint leverages technology, data, capital, and the expertise of its industry-leading team to provide loan origination, servicing, execution, and a suite of Agency and curated proprietary products to meet the evolving needs of borrowers. In addition to being a Fannie Mae DUS®, Freddie Mac Optigo®, and FHA/HUD MAP and LEAN Lender, NewPoint also offers proprietary bridge and affordable housing financing.