BridgingNews

Glenhawk hires BDM

Glenhawk has appointed Peter Turner as business development manager, responsible mostly for London and the South East.

Turner (pictured) joins Glenhawk from Shawbrook Bank, where he originated over £100m of bridging and term loans in 2018. Based in London, Turner will report to the company’s director of lending, Nick Hilton and will start work immediately.

Guy Harrington, chief executive of Glenhawk, said: “Peter is joining us at a hugely exciting time, as we continue to put in place the infrastructure to support our growth ambitions, including growing the loan book to £100m and expanding into new parts of the market.

“Specifically, his technical expertise operating in the bridging market and deep broker relationships built up at Shawbrook will be a huge asset to us as we look to grow our footprint both in our key markets in and around London as well as across the UK.

“His appointment is the latest example of our ability to attract high calibre individuals from both our competitors and other established financial institutions, which bodes extremely well for the future of Glenhawk.”

Turner, who was a regional development manager at Shawbrook Bank since 2012, has experience in loan origination, with a particular focus on the residential and commercial bridging markets.

Prior to Shawbrook, he held the role of commercial director at All Types of Mortgages, where he oversaw the running of its commercial and short-term business. His near 20 years of real estate lending experience also includes roles at RBS and Barclays.

Turner’s appointment follows that of Steven Khan as chief operating officer last month.

Glenhawk has an active pipeline of over £38m of deals, as it looks to build on the £66.4m lent since January 2018.

The month of July saw £10.1m of loans originated, one of its best months.

 

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