Puma Property Finance
the London based specialist development finance lender has appointed Rahul Malde (pictured above) to its team as a manager accountable for the innovation, execution and ongoing management of new transactions.
Rahul is a CFA charterholder and previously worked at Hermes Investment Management as an investment manager.
His responsibilities as investment manager at Hermes focused on the origination, structuring, execution, and management of UK and European real estate debt facilities and CMBS investments.
Prior to this, Rahul worked for Nationwide’s commercial real estate finance division across distressed debt restructures and workouts, credit risk, and innovation of new UK real estate debt facilities.
“We are delighted that Rahul has joined us,” said David Kaye, CEO at Puma Property Finance.
“We are continuing to increase both our team and our lending activity after a number of strong years, and Rahul will be a key part in achieving further growth.”
Original article featured here…
During the course of 2019, Puma Property Finance completed over £200m in loans.
Puma Property Finance is part of Puma Investments – the provider of award-winning investments across property finance, private equity and quoted equities, which support professional property developers and growing SMEs across the UK.
Puma Property Finance deliver development loans from £5 million to £35 million to finance residential, commercial and specialist sector projects such as hotels, student accommodation and healthcare, including care homes and retirement living.
Puma offer three core loan products: stretch senior development loans; pre-development bridge finance for site acquisition; and post-development exit finance.
The news comes after Puma Property Finance made a number of new recruitments earlier this year following their record lending year in 2019.
The specialist lender reached a £500m lending milestone in October 2019. David Kaye, CEO at Puma Property Finance, stated at the time:
“I am delighted we have crossed this £500m milestone, which reflects our sustained growth and ability to fund developers in different sectors and regions across the country,”
“With our experienced team, we are perfectly placed as a reliable lender of choice for professional developers throughout the UK.”
Original article featured here…