Grandbridge Real Estate Capital recently closed a $29,450,000 first mortgage loan secured by 900 Ashwood Parkway, a 205,271 square foot, Class A office building located in the Central Perimeter submarket of Atlanta, Ga.

The property offers its tenants a full set of amenities, walkability to shopping and dining, and excellent interstate highway access.

The transaction, originated by Grandbridge's Miami‐based Senior Vice President Alex Haw, was funded through BB&T Real Estate Funding (BBTREF), Grandbridge’s proprietary lending platform.

“Given the quality of the real estate and sponsorship, Grandbridge was able to use its own balance sheet to provide competitive terms and pricing for this repeat institutional client,” said Haw.

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 Multifamily Approved Seller/Servicer for Conventional and Seniors Housing, a Fannie Mae DUS^® lender and an approved FHA MAP and LEAN healthcare 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 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. More information about BB&T and its full line of products and services is available at BBT.com.