Grandbridge Real Estate Capital, a Truist Bank subsidiary, launched its Master Servicing platform today. This expansion allows the firm to oversee large, complex commercial mortgage-backed securities (CMBS) transactions. The platform manages the full lifecycle of commercial mortgage loans, including administration, reporting, and cash flow oversight.
Major rating agencies approved the platform following a comprehensive review process. This new capability builds upon Grandbridge's existing primary and special servicing operations.
Kathy Farrell, head of Truist Asset Finance, stated the move transforms the firm into a full-service commercial real estate provider. The initiative aims to deepen support for real estate owners and strengthen Truist's position as a national industry leader.