Grandbridge Real Estate Capital announced that Chris Cordisco has joined its subsidiary BB&T Real Estate Funding (BBTREF) as a Director / Senior Vice President.

Cordisco, based in BBTREF’s Greensboro, N.C., office, joins BBTREF with almost 20 years of experience in the commercial real estate finance and data analysis industry. In his new role he is directly responsible for the origination of commercial and multifamily loans for real estate transactions nationwide.

“We’re excited to welcome Chris to BBTREF. His commercial real estate background and business development track record create such a depth of product experience for our clients,” said BBTREF Managing Director Gordon R. White, III. “Chris has built strong relationships with BBTREF and Grandbridge as a high performing CRE manager at BB&T. We are thrilled to have him join our team to represent BBTREF nationally with our construction, permanent and bridge loan executions.”

Prior to joining BBTREF, Cordisco served as a senior vice president commercial real estate manager with BB&T in Greensboro, N.C., where he was responsible for new business development with corporate real estate clients in the bank’s Triad region. In that post Cordisco managed a commercial real estate loan portfolio in excess of $700 million.

A graduate of BB&T’s Leadership Development Program in 2007, Cordisco was consistently among the highest revenue producers for all CRE bankers. Cordisco, a native of Woodbine, Md., earned his bachelor’s degree and his master’s degree with a concentration in finance from Syracuse University’s Whitman School of Management. While at Syracuse University, Cordisco served as captain of the NCAA Lacrosse team.

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 agency lenders, 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 Multifamily Approved Seller/Servicer for Conventional and Seniors Housing, a Fannie Mae DUS^® lender and an approved FHA MAP and LEAN health care lender. With a current servicing portfolio of $29 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. More information about Grandbridge and its full line of products and services is available at Grandbridge.com.

About BBTREF

BB&T Real Estate Funding (BBTREF), a wholly owned subsidiary of Grandbridge Real Estate Capital, offers both fixed and floating rate nonrecourse loan products for all major property types across the United States. The combination of BBTREF's responsiveness, reliability, structuring capabilities and pricing makes it one of the strongest, most competitive nonrecourse lending products in the market. BBTREF’s permanent, fixed rate loan program offers some of the most attractive prepayment flexibility in the market by allowing its loans to be prepaid halfway through the loan term for only a 0.5% exit fee.

About BB&T

BB&T is one of the largest financial services holding companies in the U.S. with $222.9 billion in assets and market capitalization of approximately $37.4 billion as of September 30, 2018. 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 1,900 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.