UK’s prime property finance firm CapitalRise has reportedly appointed Stuart Peel to its board of directors.
Peel, who has been with CapitalRise since July of 2020, will also retain his present role as finance director of the firm.
Before joining CapitalRise, Peel had spent several years working at residential property development firm, the Berkeley Group.
Uma Rajah, CEO and Co-founder at CapitalRise, stated:
“Stuart has been a vital part of CapitalRise’s success as its Financial Director over the past four years. I am therefore delighted that he has agreed to accept this important new position, which is a reflection of the amount of trust the business places in his knowledge, judgement and strategic vision.”
CapitalRise focuses on connecting individuals and institutions with various real estate debt investment options across Prime London as well as the South East.
CapitalRise has reportedly originated £345 million in loans since its launch back in 2016 and also returned more than £185 million in capital and returns to investors.
CapitalRise has been focused expanding its professional team as well.
In April of this year, the company revealed that it had expanded its lending and origination units with the recent appointment of business development director Imogen Williams along with the promotion of Ed Groves to associate.
As covered in April 2024, Property funding marketplace CapitalRise has revealed a £6.5 million loan to develop the Mews House in the exclusive Mayfair neighborhood.
The land is being issued in partnership with real estate debt and equity adviser Vishal Dixit, Arc & Co. The project plans to convert the existing layout into a 3-bedroom residence, including a gym, garage and movie room.
Katy Katani, Director at CapitalRise, said the company is committed to supporting projects that epitomize luxury living in London’s most prestigious neighborhoods.
“Our latest venture underscores our commitment to providing bespoke financial solutions tailored to the unique needs of our clients and the properties we finance. The recent securing of a £250 million funding line will further empower us to finance projects of similar calibre, ensuring we continue to play a pivotal role in shaping the landscape of Prime Central London real estate.”
