Grandbridge announces White as new Raleigh region office head

Published On: 05.01.16

CHARLOTTE, N.C. — Grandbridge Real Estate Capital LLC announced today that Senior Vice President Gordon R. White III will head the Raleigh region’s production office.

White has a wealth of experience within the commercial real estate finance industry including having served as a mortgage banker, president of a private commercial mortgage banking firm, a senior credit officer, and program manager for BB&T Real Estate Funding – Stabilized, a specialized lending subsidiary of Grandbridge and BB&T.

“Gordon is a strong leader and is ideally positioned to capitalize on our long history of mortgage banking success in the Raleigh region,” Grandbridge Chairman and CEO Thomas S. Dennard stated.

“The Raleigh region plays a critical part of our production network and having an experienced team of mortgage banking professionals further enhances our ability to deliver clients the best commercial real estate capital solutions,” said Grandbridge Executive Vice President and National Production Manager Matt Rocco.

White is a graduate of North Carolina State University and a lifelong resident of North Carolina having lived in New Bern, Raleigh, Wilson and Charlotte.

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 Program Plus® Seller/Servicer, a Fannie Mae DUS® lender and an approved FHA MAP and LEAN healthcare lender.

With a current servicing portfolio of more than $29 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 $212.4 billion in assets and market capitalization of $26.0 billion, as of March 31, 2016. Based in Winston-Salem, N.C., the company operates 2,137 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.