Holiday Inn, Charleston

Holiday Inn, Charleston

  • $17,500,000
  • 120 rooms
  • Refinance
  • CMBS

Grandbridge Finances $17.5 Million Charleston Hospitality Asset

Grandbridge Real Estate Capital recently closed a $17,500,000 first mortgage loan secured by the 120-room Holiday Inn located in Historic Downtown Charleston, SC. Funding for the fixed-rate loan was provided through one of Grandbridge’s CMBS investors.

About Grandbridge Real Estate Capital LLC

Headquartered in Charlotte, NC, 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. The company is a Freddie Mac Optigo℠ lender, a Fannie Mae DUS® lender and an approved FHA MAP and LEAN healthcare lender.

With a current servicing portfolio of $72.3 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.

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Loans are subject to credit approval.

Grandbridge Real Estate Capital is a subsidiary of Branch Banking and Trust Company(opens in a new tab), Member FDIC. Both are Equal Housing Lenders. Equal Housing Lender

Branch Banking and Trust Company is now Truist Bank. Learn more(opens in a new tab)