Atelier expands lending team ahead of 2022 growth

Atelier has provided over £200m in development finance since it launched in early 2020, and aims to pass the £300m milestone by spring 2022.

Atelier expands lending team ahead of 2022 growth

Specialist property lender Atelier has unveiled two hires as it prepares to dial up its lending in 2022.

 

Atelier has provided over £200m in development finance since it launched in early 2020, and aims to pass the £300m milestone by spring 2022.

Simon Joseph (pictured) has joined Atelier’s new business development team as origination manager.

Before joining Atelier, Joseph worked for six years as a specialist in the mezzanine finance space.

A further addition to the team is Rav Kudhail, who has joined as lending manager, having previously worked for Hampshire Trust Bank.

Kudhail will build Atelier’s developer channel, with a particular focus on the Midlands and the South East.

Kudhail and Joseph will work alongside director of origination Martin Gilsenan.

Joseph said: “Atelier’s dynamic approach to lending has comprehensively reshaped the UK’s development finance market.

"I’m excited to be joining its experienced and committed team as we look to grow our loan book rapidly in the New Year.

“Forging lasting relationships and offering a transparent, personalised service have been key to Atelier’s success.

"My focus is the ongoing drive to build on our reputation for speed of decision-making and certainty of execution.”

Gilsenan added: “Simon and Rav are both experts in their field and they share our vision of Atelier’s future.

“The origination team has been central to Atelier’s rapid growth, and we look forward to making further additions to our talent roster in 2022 as the brand expands its footprint and ramps up its lending volumes.

“We’re especially keen to lend to progressive developers building for the future and are using our significant financial firepower to drive down borrowing costs for ambitious residential schemes.”