Pluto Finance has further expanded its London-based team with the appointment of Guy Norman as Lending Director.
Guy joins the specialist development and bridge lender from RedOak Property where he was Director with a principal role in purpose-built student accommodation (PBSA) and residential projects. Prior to this, Guy was part of Knight Frank’s debt advisory teams and a member of the Real Estate Origination Department at Lloyds Bank.
Guy says: “I am delighted to have joined Pluto Finance who have strong institutional backing, including a new partnership with the UK’s largest private pension fund (USS). This is an exciting time to join as we are launching two new competitive lending products; one focusing on build to rent (BTR) developments and one for stabilised income producing residential properties. I will also be expanding our funding to PBSA developers given my experience in this market”.
Justin Faiz, Partner of Pluto Finance, comments: “A big welcome to Guy, our latest, significant hire in our expansion programme as we accelerate our development, bridging and investment lending over the next 12 months.”
Pluto Finance is backed by some of the world’s largest institutional investors and is currently funding the development of over 2,000 new homes in the UK.