About Us

Overview & History

Newport Partners is a full-service real estate firm providing equity financing, development, construction, and management of multi-family projects utilizing a variety of government financing sources, including Low Income Housing Tax Credits (“LIHTC”).  Established in 1998 as a tax credit syndicator, Newport Partners has placed over $1.2 billion in LIHTC equity and closed over 200 projects with approximately 16,000 units.

Since 2003, Newport Partners has expanded to:

  1. Develop affordable housing through its development affiliates – Domus Development (California), Newport Midwest (Minnesota), and Newport SW (Arizona)
  2. Construct and rehabilitate affordable housing through its general contracting affiliate, NP Construction
  3. Manage affordable housing through its property management affiliate, Domus Management Company

Newport Partners is the majority and controlling shareholder in all affiliated companies.

1,300+

affordable units developed through Newport Partners affiliates

630+

affordable units under construction or in pre-development

$1.2 billion

in LIHTC equity placed since 1998

25+ years

experience in financing & developing affordable housing

Key Personnel

Jong C. Limb

Jong C. Limb

President & Founder

Newport Partners

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Monique Hastings

Monique Hastings

EVP & Co-Founder

Newport Partners

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Michael Limb

Michael Limb

Senior Vice President

Newport Partners

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Janice Luo

Janice Luo

Controller

Newport Partners

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Maurice Ramirez

Maurice Ramirez

President

Domus Development

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David Wohl

David Wohl

Partner

Newport SW

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David Foell

David Foell

President

NP Construction Company

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Cathy Metcalf

President

Domus Management Company

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