LendInvest has appointed Dan Lohn as relationship manager within its development finance team as the specialist lender looks to expand support for SME housebuilders.
Lohn (pictured), who has more than 10 years’ experience both as a development lender and a property developer, will join the team led by managing director Steve Larkin.
His arrival comes as the market faces a chronic undersupply of housing, with investor appetite for development finance continuing to grow.
Lohn said: “After knowing Steve and his history in the industry, when he mentioned to me that there might be an upcoming opportunity at LendInvest, I was naturally intrigued.
“After meeting the rest of the team and learning more about their goals and funding pipeline, it was an easy decision.
“I’m looking forward to bringing my unique perspective to the role. Having experience on both sides of a deal, it affords me a deeper understanding when it comes to taking a sensible approach and a more commercial view of the risks involved.”
Larkin added: “As more investors look to development finance as an opportunity amidst the undersupply of new home construction, it’s an exciting time for the industry in England, Scotland and Wales.
“Dan brings with him deep market knowledge as a lender as well as a developer; his insights and ambition will help support our SME developers as they navigate a dynamic market.”