Grandbridge Real Estate Capital LLC has hired Lucas Donahue as Senior Vice President to manage the firm’s new Phoenix production office.
Donahue has more than 20 years of experience and has originated more than $1.0 billion in capital placements. Prior to joining Grandbridge, he was a managing director in the Phoenix office of Berkadia where he was responsible for originating debt and equity capital investments on all commercial property types. He has experience with GSE Lending (FNMA, FHLMC, HUD), Insurance Company Placements, Securitized Lending, Bridge Lending, Commercial Banks, Pension Funds and Equity Investments.
“We are very excited to launch our new Phoenix production office with Luke at the helm. His deep market knowledge paired with Grandbridge’s broad capital distribution capabilities will create tremendous value for our clients. We look forward to growing the office with additional producers under Luke’s leadership,” said Grandbridge National Production Manager John Randall.
Donahue, an Iowa native, earned his bachelor’s degree from the University of Iowa’s Tippie College of Business and moved to Arizona in 2001. He is a member of the National Multi Housing Council, Urban Land Institute, the National Association of Industrial and Office Properties and is a licensed real estate sales person in the state of Arizona.
Headquartered in Charlotte, N.C., Grandbridge Real Estate Capital LLC, 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 $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.
Speak Your Mind
You must be logged in to post a comment.