"Grandbridge Real Estate Capital LLC, the commercial mortgage banking subsidiary of Winston-Salem, N.C.-based Branch Banking and Trust Co. (BBT: 30.2454 +3.69%), on Monday announced it will buy Houston-based commercial mortgage banking firm Live Oak Capital Ltd., which specializes in debt and equity placement and loan servicing for the commercial real estate industry. The acquisition is expected to close by the end of the month under undisclosed terms"

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