Assetz Capital appoints Mark Roberts as development finance relationship director
Assetz Capital, a leading funder in the SME commercial property and residential development markets, is delighted to announce that Mark Roberts has joined the expanding business to lead the growth of their development finance arm. While Mark’s role is national, his remit will also focus on the expanding North West market, enabling Assetz Capital to build on their £232m of lending already secured in the region.
Mark joins Assetz Capital from LDS Sales Guarantees, where he was also their relationship director. He rejoins the business having previously been a relationship director at Assetz Capital for over 3 years.
Andrew Charnley, Assetz Capital managing director commented, “the North West remains a core market for Assetz Capital given our location and long standing commitment to house building. With the ongoing demand for housing nationally and in the North West not being met, with over 21,000 homes stuck in planning, it is important that we play our part in the cycle by providing access to liquidity for SME developers at the pace and reliability they deserve. We want to play our part to enable housing targets to be hit.”
“We are delighted to have re-appointed Mark and welcome him back to the team. As a proven leader in the development finance space, his expertise and market knowledge will enable us to continue to grow our footprint both nationally and in the North West, as we look to hit our £300m lending milestone in the North West.”
Mark Roberts added, “It is great to be back at Assetz where I can use my expertise to sculpt development deals in a way that suits both borrowers and brokers’ needs. With the depth of liquidity and experience within the Assetz team, this is an exciting time to be back with the business to help grow our development book further”.
Mark’s appointment follows a flurry of activity at Assetz Capital, who recently announced the completion of £12m funding in two deals and a period of significant lending growth. Since its inception in 2013, Assetz Capitral has established itself as an industry leader, providing over £1.7bn in funding to UK housebuilding and development. This equates to supporting the construction of 1 in every 12 new homes built by SME housebuilders.
Over the next three years Assetz Capital is gearing up to exceed the milestone of £2bn in funding with support of five key organisations, providing deep funding lines to continue the ambitious growing plans of the business.