CONTRACTRECOMMENDED

Grandbridge Serves Joyfield Raleigh Housing Loan

North Carolina Department of State Treasurer | State of North Carolina logoNorth Carolina Department of State Treasurer | State of North Carolina
Disclosed value
Not to exceed $33,700,000
From report
Document date
Apr 17, 2026
Renews
Free account

The 30-second brief

What it covers

Grandbridge Real Estate Capital is identified as servicer for the Joyfield at Compassionate Drive housing financing. The project will provide 200 multifamily units in Raleigh.

Who holds it

Grandbridge Real Estate Capital LLC holds this financial services contract with North Carolina Department of State Treasurer | State of North Carolina. Its other public contracts on record include work for Housing Finance Authority of Miami-Dade County and Fairfax county Redevelopment & Hsg Authority.

What happens next

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Contract details

Contract type
Financial Services
Amount
Not to exceed $33,700,000
Document date
April 17, 2026
Term
Permanent financing: 15 years after construction based on 40-year amortization; final maturity not to exceed 12/31/2045
Renews
On record
Source document
North Carolina Department of State Treasurer Staff Analysis and Report 2026-04-17 (Report)

Grandbridge Real Estate Capital LLC's other public contracts

More North Carolina Department of State Treasurer | State of North Carolina contracts

Questions about this contract

Who was awarded the financial services contract by North Carolina Department of State Treasurer | State of North Carolina?

Grandbridge Real Estate Capital LLC was awarded this financial services contract by North Carolina Department of State Treasurer | State of North Carolina, as recorded on April 17, 2026. The contract value is Not to exceed $33,700,000.

How much is the Grandbridge Real Estate Capital LLC contract with North Carolina Department of State Treasurer | State of North Carolina worth?

The Grandbridge Real Estate Capital LLC contract with North Carolina Department of State Treasurer | State of North Carolina is valued at Not to exceed $33,700,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in North Carolina Department of State Treasurer Staff Analysis and Report 2026-04-17 (Report), dated April 17, 2026 from North Carolina Department of State Treasurer | State of North Carolina. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Grandbridge Real Estate Capital LLC hold?

Grandbridge Real Estate Capital LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is North Carolina Department of State Treasurer | State of North Carolina currently buying?

Explore North Carolina Department of State Treasurer | State of North Carolina's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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