Grandbridge Real Estate Capital
Eric Novak is a seasoned professional in the multifamily commercial real estate finance sector, currently serving as the Senior Vice President and Agency Underwriting Team Lead at Grandbridge Real Estate Capital since July 2020. With extensive experience in underwriting, Eric has provided financing solutions for Market-Rate and Affordable Multifamily Housing, working with a range of products for Fannie Mae and Freddie Mac. Prior roles include Senior Underwriter at Grandbridge, Underwriter Junior Associate at Pillar Finance, and Analyst at Pillar Multifamily, demonstrating a progressive career in the field. Additional experience includes serving as a Financial Policy Advisor at HME Federal Credit Union and various positions in the hospitality industry. Eric holds a Master's degree in International Finance from Florida International University and a Bachelor of Science in Finance from Florida State University.
Grandbridge Real Estate Capital
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Grandbridge.com Charlotte, N.C.-based Grandbridge, one of the largest full-service commercial and multifamily mortgage banking companies in the nation, arranges permanent commercial and multifamily real estate loans, services loan portfolios, and provides asset and portfolio management as well as real estate brokerage services on a national basis. The company has a broad capital provider base that includes insurance companies, pension fund advisors, and commercial banks as well as a proprietary lending platform. Grandbridge is a Fannie Mae DUS® (Delegated Underwriting and Servicing) lender, a Freddie Mac Optigo® Conventional Multifamily, Seniors Housing, and Targeted Affordable Housing, and an active participant in FHA-insured loan products as a MAP-approved multifamily lender and a LEAN-approved healthcare lender. Grandbridge is a S&P “Strong" rated servicer, with a current servicing portfolio of $39 billion, representing more than 100 capital providers. The company operates production offices nationwide. Grandbridge is a subsidiary of Truist Bank, Member FDIC. Both are Equal Housing Lenders. Loans are subject to credit approval. ©2021