Grandbridge Real Estate Capital LLC has hired Donald A. Billingsley as a Mortgage Loan Officer on its Atlanta loan origination team.
“Highly respected during his time at the U.S. Department of Housing and Urban Development, Don distinguished himself as HUD’s Multifamily Regional Director, Southeast – Office of Multifamily Housing. His in depth knowledge of HUD’s programs and affordable housing overall is a tremendous asset for our clients and our teammates,” said Grandbridge Senior Vice President, Alan Tapie, manager of the Grandbridge Atlanta office.
“Don’s expertise in affordable housing investment and development is an extraordinary asset for our Atlanta production office. We are very excited for him to assist our clients and navigate the complexities and opportunities unique to that space” stated Grandbridge Executive Vice President and National Production Manager, John Randall.
Billingsley has over two decades of industry experience in several other key positions: Director, Departmental Enforcement Center – Atlanta for HUD’s Office of the General Counsel; Director, FHA Multifamily Production Administration for HUD Headquarters Office of Multifamily Production; Banking Officer at the Federal Home Loan Bank, Atlanta; and nearly 15 years as a Low Income Housing Tax Credit Developer.
The Philadelphia, Penn. native is a U.S. Navy combat veteran. He is a Certified Low Income Housing Tax Credit Professional, and attended Roosevelt University in Honolulu, Hawaii, where he majored in Management Information Systems.
About Grandbridge Real Estate Capital LLC
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 350 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.
