TAB appoints COO as it prepares for improved markets in H2

Real estate finance firm TAB has appointed Stephen Wasserman as its chief operating officer.

Wasserman joined the firm in October 2022 as a director. Before joining the investment group, he co-founded West One Loans and was its managing director for 14 years, during which time he oversaw £3bn in lending.

Previously, he also founded the National Housing Group, which acquired and developed social housing.

In his new position, Wasserman will take a more active role in the day to day operations of TAB, driving the firm’s lending activity.

Read more: TAB launches £2.5m residential mortgage product

“Stephen’s extensive experience and deep understanding of our operations make him exceptionally well-suited for this role,” commented Duncan Kreeger, chief executive and founder of TAB.

“We are confident that he will continue to drive our strategic initiatives forward and contribute significantly to TAB’s ongoing success. His expertise will be invaluable in supporting our consolidation and growth to provide the best possible outcomes for our borrowers and investors.”

Read more: TAB brings bridging product to Scottish market

The appointment of Wasserman is part of the group’s efforts to streamline operations and prepare for an improving property financing market in the second half of the year and comes after TAB’s lending surpassed £500m.

The firm also recently expanded its business beyond London and the South East of England to the Midlands, Scotland and Wales. In 2025, the company is set to have a loan book of over £700m.

Read more: TAB appoints head of investor relations