Grandbridge Hires Kenneth H. Bowen
Kenneth Bowen joins Grandbridge as senior loan originator in Columbus, Ohio
04.02.2020 - Grandbridge Real Estate Capital is pleased to announce that Kenneth H. Bowen has joined the company’s Columbus commercial mortgage loan origination team. Bowen is based in the company’s 150 East Broad St. office.
As a Senior Vice President/Office Manager with Grandbridge Real Estate Capital, Bowen will originate commercial mortgages for placement with a broad variety of capital sources including FHA, Fannie Mae, Freddie Mac, insurance companies and banks. He is also responsible for growing the Columbus office to better serve borrowers throughout the state of Ohio and beyond.
Prior to joining Grandbridge, Bowen had his own commercial mortgage brokerage and consulting firm. He also spent several years originating for Oak Grove Capital and its acquirer, JLL. The bulk of Bowen’s mortgage banking career was with Red Capital Group and its predecessor Banc One Capital Funding, where he served in various senior roles including Chief Underwriter and Head of Mortgage Production, developing a deep expertise in multifamily lending. He is also experienced in owning and managing multifamily properties, which gives him a superior understanding of both sides of the CRE equation.
In his early career, Bowen spent 10 years in the fee appraisal business, giving him a solid education in all classes of real estate assets. He earned the MAI designation in 1991 and has maintained it since then. Bowen earned his bachelor’s degree at Yale College and is a graduate of the Horace Mann School in Riverdale, New York.
“We’re excited to welcome Ken to our team. His commercial real estate background and business development track record create such a depth of product experience for our clients,” said Grandbridge National Production Manager John Randall. "Having served in a variety of commercial real estate roles, Ken knows the region and our business. His significant experience as an agency originator in both conventional and affordable asset classes will complement our existing team and bolster our market share in the Midwest."
About Grandbridge Real Estate Capital LLC
Headquartered in Charlotte, NC, Grandbridge Real Estate Capital, a subsidiary of Branch Banking and Trust Company (BB&T), arranges permanent commercial and multifamily real estate loans; services loan portfolios; and provides asset and portfolio management through its broad investor base that includes insurance companies, CMBS investors, pension fund advisors, commercial banks and capital markets investors. The company is a Freddie Mac Optigo℠ lender, a Fannie Mae DUS® lender and an approved FHA MAP and LEAN healthcare lender.
With a current servicing portfolio of $72.3 billion, Grandbridge, an S&P "Strong" rated servicer, services loan portfolios and provides asset and portfolio management nationwide for all capital providers including Freddie Mac, Fannie Mae, Ginnie Mae, insurance companies, banks and more than 250 securitizations.
Grandbridge Real Estate Capital is a subsidiary of Truist Bank, Member FDIC. Both are Equal Housing Lenders.
Loans are subject to credit approval. © 2020