Questions? Give Us a Call
(678) 940-6433

Grandbridge Capital $20+ Million in GA Retail Transactions

Grandbridge Capital $20+ Million in GA Retail Transactions

Keep up with the latest from CCR-Mag.com

Fill out the form Below

Home Vendor News Grandbridge Capital + Million in GA Retail Transactions

Grandbridge Real Estate Capital Senior Vice President Alan Tapie recently closed two Georgia retail transactions totaling $20,087,500.
Tapie structured a permanent, fixed rate acquisition loan secured by Reynolds Crossing Retail, a 48,809 square foot grocery anchored retail center in Duluth, Ga. Funded through one of Grandbridge’s insurance company correspondents, the $9,850,000 transaction featured a 7-year term and 25-year amortization.
Originated by Atlanta-based Tapie for a repeat client; Grandbridge recently facilitated the closing of a $10,237,500 acquisition loan secured by Togwotee Village, a 109,680 square foot retail specialty center in Fayetteville, Ga. The permanent, fixed rate loan was funded through one of Grandbridge’s Credit Union correspondents and was structured with an initial period of interest-only, a 10-year term and 25-year amortization.
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 OptigoSM lender, a Fannie Mae DUS® lender and an approved FHA MAP and LEAN healthcare lender.
With a current servicing portfolio of $29.5 billion, Grandbridge, an S&P strong rated servicer, services loan portfolios and provides asset and portfolio management nationwide for most 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 $227.7 billion in assets and market capitalization of approximately $35.6 billion as of March 31, 2019. Building on a long tradition of excellence in community banking, BB&T offers a wide range of financial services including retail and commercial banking, investments, insurance, wealth management, asset management, mortgage, corporate banking, capital markets and specialized lending. Based in Winston-Salem, N.C., BB&T operates more than 1,800 financial centers in 15 states and Washington, D.C. and is consistently recognized for outstanding client service by Greenwich Associates for small business and middle market banking. More information about BB&T and its full line of products and services is available at BBT.com.

Events

Read more BELOW

 

The 2024 virtual Men’s Round Table will be held Q4, 2024, date TBD.

2024 Virtual Men’s Round Tables

2023 Virtual Men’s Round Table was held on November 7th, 2023 via Zoom.


 

2024 Virtual Women’s Round Table

2023 Women’s Round Table #1 was held on October 20th, 2023 via Zoom

News

Meijer brings its neighborhood store concept to Ohio

Meijer is expanding its smaller-format Fairfax Market banner beyond its home state of Michigan with the opening of a 40,000-square-foot store in Cleveland that offers more than 2,000 products from local vendors. Progressive Grocer

Supplements/Podcast
See Website for Details

This content (including text, artwork, graphics, photography, and video) was provided by the third party(ies) as referenced above. Any rights or other content questions or inquiries should be directed such third-party provider(s).

Receive the CCR 2024 Idustry Report

Get ahead of your Competitors with CCR's FREE Industry Insider's Report 2024!

Always stay two steps ahead of your Competitors. Stay informed with the latest in the Industry. 

This site uses cookies to ensure that you get the best user experience. By choosing “Accept” you acknowledge this and that ccr-mag.com operates under the Fair Use Act. Find out more on the Privacy Policy & Terms of Use Page