WASHINGTON, D.C. — The CCIM Institute has awarded L. Patrick Brown, III, a real estate analyst with Grandbridge Real Estate Capital LLC, the Certified Commercial Investment Member (CCIM) designation. Brown was among the more than 240 commercial real estate professionals who earned the designation by passing the Institute’s Comprehensive Examination, the final element in the designation process. Less than one percent of commercial real estate professionals in the world hold the CCIM designation.

The CCIM designation is awarded to commercial real estate professionals upon successful completion of a graduate-level education curriculum and presentation of a portfolio of qualifying industry experience. The curriculum addresses financial analysis, market analysis, user decision analysis and investment analysis—the cornerstones of commercial investment real estate. CCIMs are recognized experts in commercial real estate brokerage, leasing, asset management, valuation, and investment analysis.

“Patrick completed the CCIM education and experience requirements in a relatively short period of time—all while maintaining his work responsibilities. We congratulate him on achieving this coveted designation. We know the learning process, the designation itself, and his interaction with other CCIMs from across the country have added to Patrick’s commercial real estate foundation and have enhanced his future with Grandbridge,” said Carl T. Olzawski, senior vice president and office manager of Grandbridge’s Washington, D.C. office.

Mr. Brown, a member of Grandbridge’s production team since 2006, is located in the company’s Washington, D.C., loan origination office where he is responsible for multiple roles including new client cultivation and maintaining existing client relationships. Specifically, Mr. Brown conducts market research and analysis, loan underwriting, and lender submission preparation. In addition, he assists Grandbridge's closing department with the closing process and performs annual property inspections. He earned his undergraduate degree from The College of William and Mary and his M.B.A. from the University of Tennessee.

As a CCIM member, Mr. Brown now has access to unparalleled level of valuable online tools, including the Site to Do Business, a suite of mapping, demographic and other analytical resources. Moreover, he can now market properties for sale or lease through CCIMNet, a leading commercial property exchange. The CCIM business network encompasses 1,000 markets throughout North America, Asia, Europe and the Caribbean. Of the estimated 125,000 commercial real estate practitioners in North America, 8,000 currently hold the CCIM designation. An additional 8,000 professionals are pursuing the designation as Institute candidates. The Chicago-based CCIM Institute is an affiliate of the National Association of Realtors® and is the governing body of the largest commercial real estate network in the world.

Charlotte, N.C.-based Grandbridge, a subsidiary of BB&T Corporation (NYSE: BBT) principal subsidiary Branch Banking and Trust Company, is one of the largest full-service commercial and multifamily mortgage banking companies in the nation, has a broad investor base that includes insurance companies, CMBS lenders, pension fund advisors, and commercial banks as well as a proprietary lending platform. Grandbridge is a Fannie Mae DUS® (Delegated Underwriting and Servicing) lender, a Freddie Mac Program Plus® seller/servicer and an active participant in multifamily products insured by the Federal Housing Administration (FHA). The company arranges permanent commercial and multifamily real estate loans, services loan portfolios, and provides asset and portfolio management and real estate brokerage services. It operates production offices in 28 cities across the country. Grandbridge’s servicing portfolio was more than $21 billion as of Dec. 31.

With $130.8 billion in assets and more than 1,500 financial centers in 11 states, Winston-Salem, N.C.-based BB&T Corporation (NYSE: BBT) is the nation’s 14th largest financial holding company. More information about the company is available at BBT.com.

The CCIM business network encompasses 1,000 markets throughout North America, Asia, Europe and the Caribbean. Of the estimated 125,000 commercial real estate practitioners in North America, more than 9,500 currently hold the CCIM designation. CCIM Designees include professionals who work in brokerage, investment and development, the corporate environment, property management, appraisal and related segments of commercial real estate. Visit www.ccim.com to learn more, or call 800-621-7027.

Contacts

BUSINESS

Thomas S. Dennard
Grandbridge CEO
704.379.6910

Carl T. Olzawski
Grandbridge Sr. Vice President
703.677.3909&

MEDIA

Patricia Muse
Grandbridge Marketing
205.978.1139