Grandbridge loan origination climbs in 2015

Grandbridge Real Estate Capital booked $7 billion in loan originations last year, outpacing 2014 by more than 33 percent. The Charlotte, North Carolina-based lender also received a “STRONG” ranking from Standard & Poor’s as a commercial primary servicer.

“Grandbridge finished a record production year in 2015 reflecting the outstanding work and efforts of our associates,” Grandbridge Chairman of the Board and CEO Thomas Dennard said. “Our agency production increased more than 50 percent, and our insurance company production and alternative capital sources, including our exclusive BB&T Real Estate Funding Stabilized Fixed Rate, and Structured loan programs, had record years.”

Its ranking reflects the company’s successful track record as a primary servicer, its seasoned and tenured management and staff, and experience with multiple capital sources and a wide variety of property types. It also recognizes the company’s “solid financial and resource commitment to technology systems, and a good compliance and control environment.”

With a current servicing portfolio of more than $29 billion, Grandbridge services loan portfolios and provides asset and portfolio management nationwide for all capital providers. For more information, click here.