Mobile, Alabama - Grandbridge Real Estate Capital LLC announces the addition of Vice President Gerald (Gerry) L. Robbins, Jr., to its Mobile office.  Mr. Robbins has more than 15 years’ of commercial real estate finance experience including construction, bridge and origination of permanent loans on a variety of property types throughout the Southeast. He brings with him a diverse background which includes commercial loan production, underwriting, appraisal, feasibility analysis, capital sourcing and asset management.

Prior to joining Grandbridge, Mr. Robbins was the principal of a consulting firm providing loan workout assistance, distressed asset due diligence, capital sourcing, project feasibility, and underwriting as well as asset management services to borrowers, investors and financial institutions.

In his previous role as Vice President, Senior Loan Producer for the Southeastern Office of iStar Financial/Fremont Investment and Loan he closed in excess of $1.2 billion in transactions and was awarded both national and regional top production honors during his tenure. The company specialized in value add and or new construction deals that required heavy structure and its platform included construction and bridge loans for all major property types. He also served as Vice President of Production for National Capital Funding, which was preceded by roles within the former Amsouth and Suntrust banks in Appraisal, Commercial Real Estate and Credit Review functions.

Mr. Robbins was raised along the Gulf Coast and earned both his Master of Business Administration and Bachelor of Science degrees from the University of Alabama.  

Mr. Robbins may be reached at 251.473.1831 or by email at grobbins@gbrecap.com.

Charlotte, N.C.-based Grandbridge has a broad investor base that includes insurance companies, pension fund advisors, commercial banks and capital markets investors, as well as a proprietary lending platform.

The company is a Freddie Mac Program Plus® Seller/Servicer and Targeted Affordable Housing lender and a Fannie Mae Delegated Underwriting and Servicing (DUS®) lender. Grandbridge is also a MAP multifamily and LEAN healthcare approved participant in 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, as well as real estate brokerage services nationwide. Grandbridge has a servicing portfolio of about $24.5 billion representing nearly 100 capital providers.  For more information about Grandbridge and its locations, visit www.gbrecap.com.

As of March 31, 2010, BB&T Corporation (NYSE: BBT) is the 10th largest financial services holding company in the U.S. with more than $163 billion in assets and market capitalization of $22.4 billion. Based in Winston-Salem, N.C., the company operates more than 1,800 financial centers in 12 states and Washington, D.C.,. More information about the company is available at BBT.com.

Contacts

BUSINESS

Thomas S. Dennard
Grandbridge CEO
704.379.6910

MEDIA

Patricia Muse
Grandbridge Marketing
205.978.1139