210 East McBee Avenue, Suite 200 ● Greenville, SC 29601 ● 864.288.5396 ● Grandbridge.com Loans are subject to credit approval. Equal Housing Lender. Please contact Patricia Muse at PMuse@Grandbridge.com for property photos.

FOR IMMEDIATE RELEASE December 1, 2015

BUSINESS CONTACT TRANSACTION CONTACTS MEDIA CONTACT Matthew  Rocco                 Bill  Mattice         Phillip  Cox           Patricia  Muse    Grandbridge  EVP/National  Production  Manager     Grandbridge  SVP       Grandbridge  SVP         Grandbridge  VP/Marketing  704.379.6937                   864.315.3483         864.288.5396           205.978.1139  MRocco@Grandbridge.com             BMattice@Grandbridge.com     PCox@Grandbridge.com       PMuse@Grandbridge.com          

Grandbridge Finances $58 Million Retail Property  Greenville,  S.C.  –  Grandbridge  Real  Estate  Capital  recently  closed  a  $58,000,000  first  mortgage  loan  secured  by  The  Shoppes  at  EastChase  and  EastChase  Plaza  in  Montgomery,  Ala.      The  refinance  transaction,  originated  by  Grandbridge  Greenville,  S.C.,  office  co-­‐managers  Bill  Mattice  and  Phillip  Cox  for  an  institutional  investor,  was  funded  through  New  York  Life,  one  of  Grandbridge's  insurance  company  lenders  and  featured  four  years  of  interest-­‐only,  a  10-­‐year  term  and  30-­‐year  amortization.    The  389,084-­‐square-­‐foot  retail  power  center  is  home  to  more  than  50  stores,  including  many  retailers  exclusive  to  the  market,  such  as  Banana  Republic,  Earth  Fare  Organic  Grocer,  DSW,  Versona  Accessories,  Chico’s,  Ann  Taylor,  Coldwater  Creek  and  Williams-­‐Sonoma.      About  Grandbridge  Real  Estate  Capital  LLC  Headquartered  in  Charlotte,  N.C.,  Grandbridge  Real  Estate  Capital,  a  subsidiary  of  Branch  Banking  and  Trust  Company  (BB&T),  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,  BB&T  Real  Estate  Funding.  The  company  is  a  Fannie  Mae  DUS®  lender,  a  Freddie  Mac  Program  Plus®  Seller/Servicer,  and  an  approved  FHA  MAP  and  LEAN  healthcare  lender.      With  a  current  servicing  portfolio  of  more  than  $29  billion,  Grandbridge,  an  S&P  “Strong”  rated  servicer,  services  loan  portfolios  and  provides  asset  and  portfolio  management  nationwide  for  all  capital  providers  including  Fannie  Mae,  Freddie  Mac,  Ginnie  Mae,  insurance  companies,  banks  and  more  than  250  securitizations.  For  more  information  about  Grandbridge,  visit  Grandbridge.com.    About  BB&T  As  of  September  30,  2015,  BB&T  is  one  of  the  largest  financial  services  holding  companies  in  the  U.S.  with  $208.8  billion  in  assets  and  market  capitalization  of  $27.8  billion.  Based  in  Winston-­‐Salem,  N.C.,  the  company  operates  2,150  financial  centers  in  15  states  and  Washington,  D.C.,  and  offers  a  full  range  of  consumer  and  commercial  banking,  securities  brokerage,  asset  management,  mortgage  and  insurance  products  and  services.  A  Fortune  500  company,  BB&T  is  consistently  recognized  for  outstanding  client  satisfaction  by  the  U.S.  Small  Business  Administration,  Greenwich  Associates  and  others.  More  information  about  BB&T  and  its  full  line  of  products  and  services  is  available  at  BBT.com.    

Corporate Headquarters 200 South College Street, Suite 2100

Charlotte, NC 28202

Closed  Transaction  Announcement