Martin Gilsenan joins development finance lender

Published on

Martin Gilsenan has joined Iron Bridge Finance as its new director of sales.

He will report to the London-based property development lender’s CEO, Lance Joseph.

Gilsenan’s (pictured) principal responsibilities will be to lead and develop the group’s sales programme. As a member of the senior management team, he will also provide strategic oversight and advice.

Based in Primrose Hill, Iron Bridge invests its own funds to provide mezzanine and top-up finance on residential and mixed use development projects. Bridging finance is also available.

Iron Bridge lends in amounts from £250,000 to £7 million in areas of high demand across England and Wales.

Its stated objective is to bridge the gap between senior debt and equity within the capital stack.

Joseph said: “Martin not only brings to Iron Bridge a wealth of experience, but his high reputation and credibility amongst intermediaries is second-to-none. His skill set will complement our strong and experienced team. We are delighted he has decided to join us and so add his considerable professional weight to our ambitious programme for growth and expansion.”

Gilsenan previously held senior sales roles at a variety of specialist lenders, including Money Partners, GE Money Home Lending and iGroup. He was also a founding director and shareholder of brokerages Residential 1 and Commercial 1.

Most recently, Gilsenan was sales director at Fortwell Capital – formerly Omni Capital Partners – a position he held from 2011 to May 2017.

He said: “Joining Iron Bridge at this exciting time in its development is precisely the next type of business challenge I was seeking. They have built an impressive proposition and I’m hugely looking forward to working with Lance and the team. The need and demand for competitive mezzanine finance has rarely been greater, which, I believe, provides Iron Bridge – the market’s ‘best-kept-secret’ – with a unique opportunity to achieve and exceed its objectives.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

[tds_create_account btn_bg_h="#000000" f_text_font_family="global-2_global" show_version="" tdc_css="eyJhbGwiOnsiYm9yZGVyLXJhZGl1cyI6IjUiLCJkaXNwbGF5IjoiIn19"]

Latest articles

Propertymark warns Scottish mansion tax could restrict housing market

Propertymark has warned plans for a Scottish “mansion tax” could make it harder for...

Berkeley calls for stamp duty overhaul to kick-start housing market

Berkeley Group has called on the Government to slash stamp duty for first-time buyers...

Stronger UK growth adds to interest rate uncertainty

Stronger-than-expected UK economic growth has added another complication to the outlook for interest rates...

Tipton expands Credit Plus range with second tier

Tipton & Coseley Building Society has added a second tier to its Credit Plus...

Property industry moves to speed up mortgage transactions

Lenders, conveyancers and estate agents are testing new ways of sharing property information earlier...

Latest publication

Other news

Propertymark warns Scottish mansion tax could restrict housing market

Propertymark has warned plans for a Scottish “mansion tax” could make it harder for...

Berkeley calls for stamp duty overhaul to kick-start housing market

Berkeley Group has called on the Government to slash stamp duty for first-time buyers...

Stronger UK growth adds to interest rate uncertainty

Stronger-than-expected UK economic growth has added another complication to the outlook for interest rates...