Grandbridge President and COO David A. Roberts Receives Mortgage Bankers Association’s Distinguished Service Award

Published On: 02.07.12

 

The Mortgage Bankers Association (MBA) awarded David Roberts, CMB, President and COO of Grandbridge Real Estate Capital LLC, with its CREF Distinguished Service Award at the Association's 22nd Annual Commercial Real Estate Finance (CREF)/Multifamily Housing Convention & Expo held in Atlanta, Georgia. The award was given to Roberts in recognition of his dedication and service to MBA and the real estate finance industry. 

“Dave has spent his entire career, more than 36 years, working to ensure the real estate finance industry is strong and vibrant,” said MBA Chairman Michael W. Young. “His commitment to MBA over the years has been invaluable to our organization and, indeed, our entire industry. I am proud to call Dave a friend.”

“Grandbridge is fortunate to have such a dedicated senior level executive giving back to our commercial and multifamily trade association in such a meaningful way, at such a critical time in our industry.  As a result of Dave's past, and future, contributions to the members of the Mortgage bankers Association, the commercial and multifamily mortgage banking industry is better positioned today to take on the challenges of the future," said Grandbridge CEO Thomas S. Dennard.

Nominees for the CREF Distinguished Service Award must be associated with an MBA member firm, have a record of sustained and extraordinary service to MBA and the commercial/multifamily real estate finance industry, and have a strong reputation for ethical and professional conduct.

Roberts serves on the Grandbridge Board of Managers. He also serves as President of Grandbridge’s proprietary lending subsidiary, BB&T Real Estate Funding LLC, which originates interim commercial real estate loans for its own portfolio.

He currently serves as Co-Chair of MBA’s Multifamily Council and is a member of the Mortgage Bankers Association Political Action Committee (MORPAC). He is a former Chair of MBA's Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG), a former Chair of the Multifamily Steering Committee and a former member of MBA's Board of Directors.

The company, a wholly-owned subsidiary of BB&T, is a Fannie Mae Delegated Underwriting and Servicing (DUS®) lender and a Freddie Mac Program Plus® Seller/Servicer and Seniors Housing lender. Grandbridge is also a Multifamily Accelerated Processor (MAP) and LEAN healthcare approved active participant in products insured by the Federal Housing Administration (FHA). The company 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 servicing portfolio of $25.7 billion representing nearly 100 capital providers. More information about Grandbridge and its full line of products and services is available at www.gbrecap.com.

The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation's residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications. Its membership of over 2,200 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending field. For additional information, visit MBA's Web site:  www.mortgagebankers.org.