S&P Ranks Grandbridge STRONG Commercial Primary Servicer

Published On: 09.08.14

Grandbridge Real Estate Capital LLC is pleased to announce Standard & Poor's Ratings Services raised its ranking on Grandbridge to STRONG as a commercial loan primary servicer and its outlook for the primary servicer ranking is STABLE. The overall servicer ranking reflects a strong subranking for management and organization and a strong subranking for primary servicing loan administration. Additionally, S&P views Grandbridge's financial position as sufficient.

"We were pleased that S&P noted Grandbridge has the staffing, processes, and technology we need to administer our portfolio in accordance with generally accepted servicing practices. Moreover, S&P also recognized in addition to our skilled servicing team, Grandbridge enjoys strong corporate support," said Grandbridge Chairman and CEO
Thomas S. Dennard. "Having knowledgeable, seasoned staff in place helps us to consistently provide quality client service to both our borrowers and investors."

"Grandbridge has been rated by S&P for nearly 20 years, having been an early adopter of obtaining a servicer rating. Through continuous effort to improve our platform and our service each year to both our borrowers and our lenders, we feel the Strong rating is warranted and fully recognize what it communicates about our servicing team in that we have the requisite people, processes, and systems to manage Grandbridge's current portfolio and projected growth at a very high level," explained Grandbridge Senior Vice President Joseph L. Lovell, head of Loan Administration.

About Grandbridge Real Estate Capital LLC
Grandbridge Real Estate Capital arranges permanent commercial and multifamily real estate loans; services loan portfolios; and provides asset and portfolio management, as well as real estate brokerage services. With a current servicing portfolio of more than $28.5 billion Grandbridge represents approximately 100 capital providers. Based in Charlotte, N.C., 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 Fannie Mae DUS® lender, a Freddie Mac Program® Plus Seller/Servicer, and an approved FHA MAP and LEAN health care lender. More information about the company is available at
www.grandbridge.com.