Grandbridge launches Master Servicing following ratings approval, expanding Truist's Commercial Mortgage Servicing Business
Truist Financial Corporation announced that its subsidiary Grandbridge Real Estate Capital has launched a Master Servicing platform following approval from all major rating agencies. This expansion allows Grandbridge to oversee complex commercial mortgage-backed securities (CMBS) transactions, building on its existing primary and special servicing operations.
Key figures
- Truist total assets
- $549 billion
- Grandbridge servicing portfolio
- $26.7 billion
AI analysis
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