NewPoint Real Estate Capital Completes Sale to Franklin BSP Realty Trust

Paul, Weiss advised Meridian Capital Group, a Stone Point Capital portfolio company, in the $425 million sale of NewPoint Real Estate Capital, a Texas-based, privately held commercial real estate finance company, to Franklin BSP Realty Trust, Inc., a leading real estate investment trust.

The Paul, Weiss team was led by, among others, corporate partner Adam Givertz, and included corporate partners Timothy Cruickshank, Ben Steadman, Caroline Epstein and Eric Wedel and counsel Lyudmila Bondarenko; tax partner Scott Sontag; and restructuring partners John Weber and Ken Ziman.