Prime property finance firm CapitalRise has announced the appointment of business development director Imogen Willams and the promotion of Ed Groves to associate.
The expansion of CapitalRise’s team comes as a response to strong market demand for development finance within the prime property sector across London and the wider South East.
A recent £250m bank funding line has also provided the firm with significant additional capital.
Williams joins CapitalRise from Market Financial Solutions where she worked as a regional sales manager. Her new role as business development director will involve building on existing and establishing new relationships with developers, property investors, and those requiring real estate debt in key markets and geographies across London and the South East.
Groves, who joined CapitalRise in 2021 as a credit analyst, progressing to senior analyst in 2023, has now been further promoted to the role of associate. With this new role, in addition to his current responsibilities, he will now proactively seek new business opportunities for residential debt finance.
Lee Francis, head of origination at CapitalRise, said: “We are delighted to welcome Imogen to our growing team. Imogen brings 11 years of industry experience from across the property, finance, bridging and development markets. She has worked with large-scale developers to secure funding for high and ultra-high net worth clients.
“With such a strong background, I am confident that her skills will help to guide the business along an already positive growth trajectory.
“The promotion of Ed Groves to associate follows his fantastic performance with the business over recent years. It also demonstrates our commitment to both attracting and nurturing the best talent within the industry.”
Uma Rajah, CEO and co-founder at CapitalRise, added: “We have increasingly ambitious lending targets for 2024 following a strong performance in 2023. To date, we surpassed £335m in lending against £873m of property. Furthermore, with a strong appetite to lend, supported by our recent £250m funding line, recognising and celebrating achievement amongst our talented colleagues is key.”
