Grandbridge Chairman and CEO Thomas S. Dennard to Serve as MBA’s 2017 COMBOG Chairman

Published On: 10.27.16

Thomas S. DennardBOSTON – The Mortgage Bankers Association (MBA) announced new members of its Commercial Real Estate Finance/Multifamily Finance Board of Governors (COMBOG) at its Annual Convention & Expo this week in Boston. 

Thomas S. Dennard, chairman of the board and chief executive officer of Grandbridge Real Estate Capital LLC, will serve as COMBOG chairman for 2017. COMBOG consists of MBA member executives representing all aspects of the commercial/multifamily real estate finance industry.

“I am honored to have been selected to chair the MBA Commercial Real Estate Finance/Multifamily Board of Governors, as well as serve on the MBA's Board of Directors. COMBOG represents a broad array of constituent members focusing on best practices, technology and legislative advocacy for capital intermediaries and principals. In the near term, we will be advancing an affirmative message of our role in the financing of the bricks and mortar that house new and existing businesses and retailers, as well as market rate and affordable multifamily housing,” Dennard said. “Our business is an honorable business and is integral to the growth of America's economy and access to affordable housing. I look forward to advancing our message about our members’ role in the capital formation of our $2.9 trillion commercial and multifamily real estate finance industry.”

Dennard is also a member of BB&T’s Senior Leadership Team. In addition to his corporate and MBA duties, Dennard is a member of the National Multifamily Housing Council and the Urban Land Institute. He has served as co-chair of Freddie Mac’s National Advisory Council and has served on numerous life insurance companies’ National Advisory Councils. 

A complete list of COMBOG members can be found at https://www.mba.org/x77233.

About Grandbridge Real Estate Capital LLC

Headquartered in Charlotte, N.C., 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 Multifamily Approved Seller/Servicer for Conventional and Seniors Housing, a Fannie Mae DUS® lender and an approved FHA MAP and LEAN health care lender.

With a current servicing portfolio of more than $30 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. More information about Grandbridge and its full line of products and services is available at Grandbridge.com.

About BB&T

BB&T is one of the largest financial services holding companies in the U.S. with $222.6 billion in assets and market capitalization of $30.6 billion as of Sept. 30, 2016. Based in Winston-Salem, N.C., the company operates 2,220 financial centers in 15 states and Washington, D.C., and offers a full range of consumer and commercial banking, securities brokerage, asset management, mortgage and insurance products and services. A Fortune 500 company, BB&T is consistently recognized for outstanding client satisfaction by the U.S. Small Business Administration, Greenwich Associates and others. More information about BB&T and its full line of products and services is available at BBT.com.