The Atlanta-based Seniors Housing and Healthcare Finance team of Grandbridge Real Estate Capital recently closed two loans totaling $36,254,000 for Chattanooga, Tennessee- based BrightSpace Senior Living. Funding for the loans was provided through Freddie Mac.

Led by Senior Vice President Richard Thomas, Grandbridge's dedicated Seniors Housing and Healthcare Finance team offers construction, nonrecourse acquisition/bridge and permanent financing options to seniors housing owners nationwide. The team has nearly 60 years of combined seniors housing experience and has closed more than $8 billion in seniors housing loans, sales and advisory transactions over the past 10 years.

About Grandbridge Real Estate Capital LLC
Headquartered in Charlotte, N.C., Grandbridge Real Estate Capital, a subsidiary of Truist Bank, 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. The company is a Freddie Mac Optigo^® Conventional Multifamily, Seniors Housing and Targeted Affordable Housing lender, a Fannie Mae DUS^® lender, and an approved FHA MAP and LEAN healthcare lender.

With a current servicing portfolio of more than $39 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.

For more information about the company, visit Grandbridge.com.