Cohort Capital has employed Alex Alexandrou as head of gross sales – residential lending, as the bridging finance lender seems to be to spice up its mortgage e-book.
It says Alexandrou (pictured) will lead gross sales of the agency’s ResiOne product, for transactions between £1m to £10m-plus, for refinancing, consolidating debt and funding acquisitions.
It provides he will even focus “on increasing gross sales infrastructure, deepening middleman relationships, and producing new deal movement throughout its merchandise, together with ResiPrime and industrial lending”.
Alexandrou has greater than 13 years of property finance and monetary companies expertise.
He spent the previous 9 years at Octopus Real Estate, leaving as head of residential gross sales.
In that function, Alexandrou constructed and managed a crew of as much as eight enterprise growth managers, deploying round 400 loans per 12 months throughout bridging, buy-to-let and refurbishment finance, with a selected concentrate on the residential, homes in a number of occupation and semi-commercial markets.
Cohort Capital founder Matthew Thame says: “Alex’s appointment comes at a pivotal time for Cohort as we construct on our success in prime, high-end and industrial lending and develop additional into the smaller residential mortgage pool.
“His confirmed observe file at Octopus Real Estate, the place he efficiently scaled operations throughout a number of finance sectors, makes him ideally positioned to develop on the energy of Cohort’s current mortgage e-book.”
Alexandrou provides: “Cohort’s concentrate on versatile, tailor-made funding aligns completely with my very own expertise in constructing residential lending propositions that genuinely assist brokers and their shoppers.”