Grandbridge Facilitates $30.5 Million Georgia Office Acquisition

Grandbridge Real Estate(opens in a new tab) Capital recently closed a $30,500,000 first mortgage loan secured by a 251,000 square foot Class A office building within the Atlanta MSA in Alpharetta, GA.

Grandbridge Mobile, AL-based Vice President Gerry Robbins originated the acquisition transaction. The permanent, fixed rate loan was funded through one of Grandbridge’s correspondent lenders. The loan featured an initial period of interest-only, a 10-year term and 30-year amortization.

Grandbridge Real Estate Capital LLC is a wholly-owned subsidiary of Truist Bank. Truist Bank is an Equal Housing Lender.   Truist Bank, Member FDIC.

Loans are subject to credit approval, which may or may not be forthcoming. © 2024 Grandbridge Real Estate Capital LLC.