Cohort Capital has employed Alex Alexandrou as head of gross sales – residential lending, as the bridging finance lender appears to be like 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 can even focus “on increasing gross sales infrastructure, deepening middleman relationships, and producing new deal stream 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 group of as much as eight enterprise improvement 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 broaden additional into the smaller residential mortgage pool.
“His confirmed monitor report at Octopus Real Estate, the place he efficiently scaled operations throughout a number of finance sectors, makes him ideally positioned to broaden on the power 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.”