Downing expands development finance team

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Downing Property Finance has appointed investment manager Doug Bowley to its development finance team.

Bowley will be responsible for new business origination via his developer and broker network, leading the deal process from enquiry stage through to completion.

Bowley joins from Hilltop Credit Partners, where he spent two years within a debt fund specialising in pan-European real estate credit opportunities.

Read more: Downing hires TISA chairman Stenning as head of liquid alts

Previously, he honed his expertise during a five-year stint as business development manager with Octopus Real Estate’s lending team.

“I am delighted to be joining the team at Downing Property Finance at such a pivotal time of expansion,” Bowley said. “The existing property finance team has cultivated a stellar reputation for its service offering, which made my decision to come aboard straightforward.”

Read more: Legal & General hires head of real estate capital raising

He continued: “Downing’s strong capital position instils confidence in SME developers regarding the stability of their funding – critical for the swift and efficient loan execution process we’re known for, which simplifies the approval process for brokers and clients alike. I’m eager to start contributing to the success of our current and future clients”.

Downing head of property finance Parik Chandra added: “We constantly seek outstanding talent to join our ranks through our recruitment strategy, which values a blend of relationship management, sales acumen, and credit expertise. This reinforces our commitment to becoming the leading lending partner for brokers and developers throughout the UK.”

Read more: Downing’s property finance division hits £300m milestone



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