Grandbridge Hires Randall
Grandbridge Real Estate Capital has hired John W. Randall as a senior vice president/deputy national production manager
06.15.17 - Grandbridge Real Estate Capital has hired John W. Randall as a senior vice president/deputy national production manager. Randall is based in the company’s headquarters at 200 South College St., Suite 2100, Charlotte, N.C.
“We are fortunate to have John join us and take on this important leadership role. He will be working closely with our National Production Manager Matt Rocco,” said Thomas S. Dennard, Grandbridge chairman and CEO. “John brings a wealth of proven experience with him. His background in origination, operations and sales-focused roles, combined with his entrepreneurial approach to business, is exactly what we were looking for in a deputy national production manager.”
“We’re excited about John’s new role. His commercial real estate background, depth of product experience and leadership skills will help us as we grow our national footprint,” said Matt Rocco, Grandbridge EVP/national production manager.
“Through the years I’ve had the pleasure of working with Grandbridge on numerous transactions. I’m honored to become part of the team, and I’m looking forward to expanding both our capital distribution capabilities and market share,” Randall said.
Prior to joining Grandbridge, Randall served as senior vice president/managing director of commercial real estate lending at EverBank where he was responsible for establishing correspondent relationships throughout the country. His vast experience in all aspects of commercial real estate finance and mortgage banking includes leading all commercial real estate production at EverBank. Randall also developed and launched new CRE loan products, significantly expanding the bank’s commercial real estate lending program.
The New England native earned a bachelor's degree in economics from American University in Washington, D.C. He is a member of the Mortgage Bankers Association, holds a state of Florida real estate license and is a member of the National Eagle Scout Association of the Boy Scouts of America.
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, as well as its proprietary lending platform, BB&T Real Estate Funding. 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 $29.5 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.
BB&T is one of the largest financial services holding companies in the U.S. with $227.7 billion in assets and market capitalization of approximately $35.6 billion, as of March 31, 2018. Building on a long tradition of excellence in community banking, BB&T offers a wide range of financial services including retail and commercial banking, investments, insurance, wealth management, asset management, mortgage, corporate banking, capital markets and specialized lending. Based in Winston-Salem, N.C., the company operates more than 1,800 financial centers in 15 states and Washington, D.C., and is consistently recognized for outstanding client service by Greenwich Associates for small business and middle market banking. More information about BB&T and its full line of products and services is available at BBT.com.
Loans are subject to credit approval.
Grandbridge Real Estate Capital is a subsidiary of Branch Banking and Trust Company(opens in a new tab), Member FDIC. Both are Equal Housing Lenders.
Branch Banking and Trust Company is now Truist Bank. Learn more(opens in a new tab)