Specialist property lender Atelier has appointed Mike Page as lending manager based in Bristol to lead its expansion in the South West and South Wales.
Mike, pictured, who has 19 years’ property finance experience – mainly working in the Bristol market – is tasked by Atelier to work with residential, student and care sectors developers as it looks to invest £50m in the regions over the next 12 months.
He will supporting Atelier chief originations officer Martin Gilsenan to develop links with professional property developers and finance intermediaries across the South West and South Wales.
London-headquartered Atelier has already backed a number of schemes in Bristol and Bath, including a £2.73m student homes conversion in Bristol, a commercial bridge facility on a site acquisition in Filton, the £4.6m restoration and conversion of a Georgian townhouse in Bath.
Mike has joined Atelier from OakNorth Bank, where he was director of property finance. His career also includes senior roles at Lloyds Banking Group and RBS, and over the past decade he has overseen more than £300m of lending to property developers and investors.
Mike said: “Atelier has rightly won a reputation as the lender of choice for the small and medium-sized developers who together build half of the new homes completed in Britain each year, and I’m looking forward to helping it expand its lending across the South West.
“I’ve lived in the region for three-and-a-half decades and am constantly impressed by the agility and entrepreneurialism of the South West developers who know our market best.
“I’m looking forward to working with them, and the region’s community of intermediaries and property professionals, to help get more of the right homes built in the right places.”
Martin Gilsenan added: “Mike joins us with an exceptional pedigree in development finance and a detailed knowledge of the South West’s most promising property markets.
“We’ve found the region to be remarkably resilient, and its ability to evolve and generate compelling development opportunities makes it strategically important for Atelier’s national growth plan.
“Mike’s deep connection to the region will be key as he cements his position as an Atelier lending manager – a trusted, expert partner able to provide developers with certain deal execution, a competitive interest rate and ongoing support right through to the successful completion of their scheme.”