Wednesday, November 6, 2024

Downing expands growth finance crew

Downing Property Finance has appointed funding supervisor Doug Bowley to its growth finance crew.

Bowley will probably be liable for new enterprise origination by way of his developer and dealer community, main the deal course of from enquiry stage by way of to completion.

Bowley joins from Hilltop Credit score Companions, the place he spent two years inside a debt fund specialising in pan-European actual property credit score alternatives.

Learn extra: Downing hires TISA chairman Stenning as head of liquid alts

Beforehand, he honed his experience throughout a five-year stint as enterprise growth supervisor with Octopus Actual Property’s lending crew.

“I’m delighted to be becoming a member of the crew at Downing Property Finance at such a pivotal time of enlargement,” Bowley stated. “The prevailing property finance crew has cultivated a stellar status for its service providing, which made my choice to return aboard easy.”

Learn extra: Authorized & Basic hires head of actual property capital elevating

He continued: “Downing’s sturdy capital place instils confidence in SME builders relating to the soundness of their funding – vital for the swift and environment friendly mortgage execution course of we’re recognized for, which simplifies the approval course of for brokers and purchasers alike. I’m keen to begin contributing to the success of our present and future purchasers”.

Downing head of property finance Parik Chandra added: “We always search excellent expertise to affix our ranks by way of our recruitment technique, which values a mix of relationship administration, gross sales acumen, and credit score experience. This reinforces our dedication to changing into the main lending associate for brokers and builders all through the UK.”

Learn extra: Downing’s property finance division hits £300m milestone


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