CrowdProperty Hires New Executive to Lead Business Development as Team Grows

Property investment marketplace CrowdProperty has hired Rupert Lowe MRICS as Business Development Manager. Lowe joins alongside five other CrowdProperty appointments so far in 2021 and a total of 21 new appointments in the past 12 months since lockdown 1.0 began.

CrowdProperty states that significant growth in the team reflects strong origination, lending, and business growth through 2020, ever growing applications for property project finance. The investment platform says it is seeing over £250 million of funding applications received each month.

Lowe is said to bring over 25 years of experience in the property sector, including establishing his own surveying business providing services to clients such as Taylor Wimpey, Golding Estates and Atticus Land & Development. Previously, he worked at First Title Insurance plc, The SLH Group, Dunlop Heywood, Bellrock and Keppie Massie.

Andrew Hall, Property Director at CrowdProperty, commented on the appointment:

“We’re delighted to have Rupert joining the CrowdProperty team. His expertise in commercial and business development, together with strong relationships with numerous industry contacts across the UK, will be valuable in enhancing CrowdProperty’s current service offering, future strategy, and the collective expertise of our team. Rupert’s hands on, ‘front of house’ experience is at the heart of CrowdProperty’s partnership approach – having worked in the industry ourselves, we deeply understand the needs of SME developers. Our hard work has set us on a trajectory to continue growing rapidly – having doubled lending through 2020, surpassing £100m lent, we are firmly on track to provide £400m+ of lending p.a. by 2024.”

Michael Bristow, CEO at CrowdProperty, added that their team is underpinned by a highly scalable, in-house built, proprietary technology platform, scalable capital sources capable of funding hundreds of millions each year.

“We are still only at the start of fulfilling our potential against a mission of unlocking the power of SME property developers in the UK – to build more homes, increase spend in the UK economy and ever more efficiently and effectively match the supply and demand of capital for the benefit of all. One factor is our West Midlands based head office – delivering both structural cost advantage allowing for stronger resourcing of our lending business and access to a strong, less competed and loyal talent pool versus lenders based in London. These factors all underpin our impeccable lending track record, attracting more and more institutional capital sources, further diversifying our capital sources and reliability of lending in any market, as proven through 2020.”

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