CrowdProperty appoints head of business development in the South
CrowdProperty has hired Andreas Yianni as head of business development for London and the South.
The peer-to-peer property development lender said that Yianni previously held roles at Avamore Capital and Century Capital. He also worked for a specialist finance broker for two years and has strong relationships across the property and lending market.
Additionally, Yianni has 10 years’ experience as a private banker, managing client portfolios including considerations around investment and debt solutions across Barclays and Lloyds Bank.
“The team has built an industry-leading platform, attracting thousands of property developers and barely scratching the surface of what is possible with the technology platform and institutional funding we’ve secured,” Yianni said. “I look forward to sharing our expertise and growth plans with my network to support more property developers in achieving their goals.”
Damon Walford, chief commercial officer at CrowdProperty, said Yianni’s commercial acumen and numerous industry contacts would support CrowdProperty’s mission to deliver the best development lending experience to its customers.
“We’re keen to help even more developers build their vision during the remainder of 2022 and beyond, especially in these uncertain times, and intend to invest further in our team of regional relationship managers in order to achieve this”, Walford said.
Yianni’s appointment follows a record-breaking September at CrowdProperty, with more than £14.3m lent to fund property developments.
The firm has made several new hires this year, including quantity surveyor Martin Bray as an associate to lead its team of surveyors in September and Rupert Lowe as business development manager in March, alongside three assistant surveyors.
CrowdProperty chief executive Mike Bristow told Peer2Peer Finance News last week, that the platform is on track for its third consecutive profitable year for the year ending March 2023.
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Over a three year horizon, he said that CrowdProperty has grown origination and lending by 319 per cent and 335 per cent, respectively, despite macro-economic challenges such as the Covid-19 pandemic.