THURSDAY, OCTOBER 22, 2009

Grandbridge's chief operating officer elected to bankers association board

by Midwest Real Estate News Reports
Michigan

David Roberts, president and chief operating officer of Grandbridge Real Estate Capital, recently earned election as chairman of the Mortgage Bankers Association's Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG).

Officials with the board made the announcement during the MBA's 95th convention and exposition.

The board of governors is made up of 32 MBA member executives representing all aspects of the commercial/ multi-family finance industry.

"I very much look forward to my year as Chair of COMBOG. Our industry will be facing many challenges this next year and will continue to go through major shifts," Roberts said. "COMBOG needs will play a key leadership role in helping our members meet these challenges and successfully navigate through changing market conditions. We recently restructured COMBOG to be more nimble and to be better able to respond to the marketplace and our members' needs. This restructure will also increase member involvement and ensure that the MBA continues to be the leading voice in this country for all participants in commercial and multi-family finance."

In addition to his service on COMBOG, Roberts also serves on the MBA's Board of Directors, has chaired both the DUS® Advisory Council and the Multifamily Committee and recently served on the Council on Ensuring Mortgage Liquidity.

"The Mortgage Bankers Association's commitment to advancing commercial/multi-family real estate finance is vital, especially during these challenging times," said MBA chairman Robert Story Jr. "Under the leadership of incoming chair David Roberts, and with the support of vice chairs E.J. Burke and Tari Flannery, COMBOG will continue to make significant contributions while ensuring the strength of this important industry."

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