Grandbridge Hires Welker in Southeast Florida Regional/Miami Office

Published On: 09.13.13

MIAMI — Grandbridge Real Estate Capital is pleased to announce the addition of Fred Welker as a vice president in the company’s Miami office. Mr. Welker is responsible for structuring debt and equity capital for all types of commercial and multifamily real estate transactions as well as providing a broad array of advisory and placement services in permanent, construction/permanent, bridge and mezzanine capital for all types of income-producing properties including office, apartments, hotels, industrial and retail in the south Florida region.

Prior to joining Grandbridge, Mr. Welker was a Vice President in NorthMarq Capital’s Miami office. Before his tenure with NorthMarq, he served as a Managing Director for the Miami office of Holiday Fenoglio Fowler (HFF) for almost seven years, working with national institutional-grade property debt and equity transactions. Mr. Welker’s extensive experience also includes his leadership position as President/CEO of Realty Financial Advisors, Inc., in Fort Lauderdale, Fla., for 11 years; Executive Vice President of Sonnenblick-Goldman Corp., in Miami for 10 years; and term as a board member of the then public (NYSE & NASDAQ) Legend Properties, Inc., formerly Banyan Mortgage Investment Fund, a national housing and retail owner/developer in Virginia, Maryland, Washington, California and Florida.

 more than 30 years of experience in commercial real estate, both as a lender and mortgage banker, Mr. Welker was recognized by the Miami Daily Business Review as one of South Florida’s Top Dealmakers in 2010. A graduate of the University of Georgia, Mr. Welker is a member of the Mortgage Bankers Association (MBA), ICSC and ULI.
Mr. Welker may be reached at 305.523-1733 or by email at fwelker@gbrecap.com.

About Grandbridge Real Estate Capital LLC

Charlotte, N.C.-based Grandbridge, a subsidiary of Branch Banking and Trust Company (BB&T), has a 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 Program Plus® Seller/Servicer, Fannie Mae DUS lender and an approved FHA MAP and LEAN healthcare lender.

Grandbridge arranges permanent commercial and multifamily real estate loans; services loan portfolios; and provides asset and portfolio management, as well as real estate brokerage services. Grandbridge has a current servicing portfolio of almost $30 billion and represents approximately 100 capital providers. More information about the company is available at grandbridge.com.    

About BB&T

BB&T is one of the largest financial services holding companies in the U.S. with $182.7 billion in assets and market capitalization of $23.8 billion, as of June 30, 2013. Based in Winston-Salem, N.C., the company operates 1,851 financial centers in 12 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. More information about BB&T and its full line of products and services is available at BBT.com.