Grandbridge Hires Alexander
Grandbridge hires Richard G. Alexander, Jr., as loan originator in Mobile, AL, office
11.06.2018 – Grandbridge Real Estate Capital is pleased to announce that Richard G. Alexander, Jr., has joined the company’s Mobile, AL, commercial mortgage loan origination team as vice president. Richard is based in the company’s 41 West I-65 Service Road North office.
Richard joins Grandbridge with nearly a decade of experience in the commercial real estate finance industry. In his new role, he's directly responsible for the origination of commercial and multifamily loans for real estate transactions.
“We’re excited to welcome Richard to our team. His commercial real estate background and business development track record create such a depth of product experience for our clients,” said Mobile Production Office Manager, Vice President Gerry Robbins. "Having served as a commercial real estate banker at Hancock Whitney Bank, Richard knows our region and our business. His expertise in credit analysis and portfolio management is also an asset for our growing team."
Prior to joining Grandbridge, Richard served as a commercial real estate banker with Hancock Whitney Bank in Mobile, where he negotiated and originated multifamily, retail, industrial, hospitality, office and seniors housing financings. An Alabama native, he earned his bachelor's degree in finance from the University of Alabama.
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)