Grandbridge Real Estate Capital LLC has announced the recent promotions of several commercial real estate loan originators and analysts throughout the company’s national offices. Richard Thomas has been promoted to the position of senior vice president. Thomas, who has a depth of real estate experience spanning two decades and ranging from commercial loan workouts, asset management/disposition to debt and equity placement, manages the company’s Atlanta-based seniors housing team. Since 2003, he has been focused solely on the seniors housing industry as a provider of debt and equity capital as well as advisory services to seniors housing clients nationwide. Over the past six years, Thomas has closed more than $3.9 billion in seniors housing loan, sales and advisory transactions and consistently earned top company and lender production awards. The enormous success of Grandbridge’s seniors housing team is the direct result of the team’s ability to innovate, craft solutions, and focus on the surety of execution.
Grandbridge has promoted two to the position of vice president: Garner “Tip” Strickland and William Watson. Strickland is based in the company’s Houston, Texas, office, and is responsible for originating debt and equity transactions and arranging joint venture equity partnerships. Watson is based in the company’s Norfolk, Va., office, joined Grandbridge’s production office in 1997 after earning his Master of Business Administration degree from East Carolina University. He continues to work as a real estate analyst, supporting commercial real estate and income producing property loan production efforts.
Assistant Vice President promotions include: Frank Sciara, Chad Collins and Rad Davenport. Sciara, based in the company’s Kansas City office, is responsible for assisting in the origination, structuring, placement and closing of a variety of loan product types, including permanent, construction bridge and mezzanine financing as well as equity placement on a variety of property types including multifamily, industrial, office, medical office, retail, and hospitality. Collins based in the company’s Houston, Texas, office, and is responsible for commercial real estate debt and equity transactions. Prior to his promotion he served as an investment analyst and was responsible for assisting loan producers in the analysis, underwriting and packaging of investment proposals. Davenport joined the company’s Norfolk, Va., office in May 2005 after earning a business degree from James Madison University. He continues to work as a real estate analyst, assisting in the origination of commercial and multifamily loans.
Tommy Ware has been promoted to the role of real estate analyst II and will be based in the company’s Tampa, Fla., office. Real estate analyst III promotions include Brett Olsen in the company’s Minneapolis, Minn., office and David Schwarz IV, in the company’s Houston, Texas, office.
Promoted to the role of real estate analyst IV is David Cortez in the company’s Houston, Texas, office and Sean Clancy has been promoted to the position of real estate appraiser IV in Grandbridge's Houston, Texas office.
For more information, visit www.gbrecap.com.