Chat to a team member

Blog

A #3rdGen Oktoberfest

Mark Posniak Mark Posniak
Posted on Nov 06, 2018 | in Blog

This is our first blog for over a month so sincere apologies for the radio silence. Thankfully, the excuse is a relatively good one - we’ve just had a barnstorming October.

On the last day of the month alone we completed on seven (yes seven!) #3rdGen deals, two drawdowns and one further advance. Together they totalled just over £13m — now that’s what you call an Oktoberfest!

October wasn’t just busy on the deals and completions front, either. Last month we announced three new hires in Rick Hollingsworth, Donna-Louise House and George Lyall, taking our total headcount to 23 since we launched last summer.

Rick joins us from HSBC as Senior Structured Finance Manager — making the slightly unusual leap from Canary Wharf to Camden — and will report into Alex Tyrwhitt, our Head of Structured Finance.

He’ll be working alongside Alex and the structured finance team on all the most complex deals we structure, which clearly these days I’m a little, ahem, busy for so need to delegate.

Donna-Louise, meanwhile, has joined Team Octane as a Senior Credit Manager. Donna’s a well-known and highly regarded figure in the industry, having previously worked in firms as diverse as Shawbrook Bank, GE Capital and LendInvest.

Her remit is simple enough: to get more #3rdGen loans underwritten and into the market. Her commercial as well as technical expertise will ensure she does exactly that.

Meanwhile, George has come onboard as an Internal Business Development Associate, having previously worked 'down under' for a major residential lender, Millbrook Mortgage Management.

George’s role will be to work closely alongside brokers and our BDMs to get as many #3rdGen loans over the line in the quickest possible timeframe. After the October we’ve just had, all I can say is: the more, the merrier.

More in this section

Goodbye 2019. And bring on the 2020s.

Dec 20, 2019 | Blog

Given the frenzied political backdrop, 2019 was quite a year…

Mark Posniak
Mark
READ MORE

UK property market got result it wanted

Dec 16, 2019 | Blog

The UK property market got the result it wanted. Translate: Boris…

Jonathan Samuels
Jonathan
READ MORE

General Election result could impact property prices for years to come.

Dec 02, 2019 | Blog

At a couple of events in November — a podcast and panel respectively…

Jonathan Samuels
Jonathan
READ MORE
Sections
Archive
Twitter
Follow us @octanecapital

1 day, 19 hours ago
RT @impactmortgages: Bridging can be used for a wide variety of scenarios. Call us on 01403 27 26 25 or email bridging@impactsf.co.uk… https://t.co/EzhNkYIi4O

2 days, 19 hours ago
RT @mposniak: Sure most of you know but for those who don't, @OctaneCapital loves #BuyToLet loans. We completed a lovely £368k… https://t.co/dHi94p2fLz

3 days, 14 hours ago
RT @mposniak: Have so many deals completing at the moment that I need to start doing 2 posts per day - sorry for clogging up Link… https://t.co/tN2VRFedTo

3 days, 14 hours ago
RT @mposniak: Best way to finish the most amazing week....must be an @OctaneCapital #3rdGen completion! Delighted to assist our… https://t.co/2jsoCAyphk

3 days, 14 hours ago
RT @mposniak: WOW!!!! Massive record broken at @OctaneCapital towers today...... Huge congratulations to the whole Octane Capit… https://t.co/CpKPa0yvUG