Chat to a team member

Press Releases

Matthew Bird joins Octane Capital as Director of Commercial

Octane Capital Octane Capital
Posted on Jun 12, 2017 | in Press Releases

As part of its determined growth strategy, ‘product-less’ lender, Octane Capital, today announced it has hired Matthew Bird as its Director of Commercial Real Estate Finance.

Bird, who joins from Legal & General Investment Management, has 20 years’ experience within commercial property, and has transacted more than £3bn at some of the most respected private equity firms and global institutions.

Prior to LGIM Real Assets, Bird spent 10 years at UK real estate fund manager, Frogmore, originating and executing new acquisitions in every real estate sector, including commercial, alternative and residential. He began his career at Gooch Webster and Colliers.

Bird has worked with the Octane team in the past, having been involved as an external consultant in the launch of Dragonfly Property Finance’s commercial property division. He is a member of the Royal Institution of Chartered Surveyors, board member of the Investment Property Forum and founding member of the IPF Proptech board.

Octane Capital launched in early May but does not offer a product sheet with set rates determined by LTV. Instead, each loan is structured on a bespoke basis and priced according to risk. It will focus on complex and larger loans that brokers struggle to place.

Matthew Bird, Director of Commercial, Octane Capital, commented:

“Jon, Mark and the rest of the Octane team have always been at the cutting edge of specialist lending and so the opportunity to work with them again was impossible to turn down. Octane’s revolutionary pricing model is reinventing the sector and has given investors a whole new option when it comes to commercial property finance. This is a lender that has massive plans and I hope to play my part in helping it achieve them.”

Mark Posniak, Managing Director, Octane Capital, added:

"Matt brings a huge amount of experience, sectoral knowledge and technical know-how to our rapidly growing team. For the large and highly complex commercial loans we are targeting, his skillset is second to none. Residential clearly remains a massive market for us but commercial has vast potential, too, and we plan to make our mark. With Matt on board, we certainly have all bases covered.”

More in this section

Two thirds of rental homes not energy efficient

Mar 23, 2022 | Press Releases

With energy bills due to increase by 54% in April, research from…

Octane Capital
Octane Capital
READ MORE

UK home to fourth largest rental market trailing US, Germany and Japan

Mar 02, 2022 | Press Releases

Research by specialist property lending expert, Octane Capital,…

Octane Capital
Octane Capital
READ MORE

Housing equity hotspots - Nation’s most valuable property market revealed

Feb 14, 2022 | Press Releases

Research from specialist property lending experts, Octane Capital,…

Octane Capital
Octane Capital
READ MORE
Sections
Archive
Twitter
Follow us @octanecapital

1 week, 3 days ago
The Octane Capital Ltd #3rdGen sales team have had a great day at the NACFB show in Birmingham today meeting new an… https://t.co/jdjyjtWh1o

1 week, 4 days ago
Delighted to be shortlisted for 3 awards at the Bridging & Commercial awards. #BestBridgingLender… https://t.co/eOblVsS6ew

1 week, 4 days ago
To all my contacts who like cricket - looks like a great event! https://t.co/elnjUQRSND

1 week, 4 days ago
The Octane Capital Ltd #3rdGen sales team will be at the NACFB #Expo in Birmingham tomorrow. Please do pop by and… https://t.co/MZipMiQ7Hm

3 weeks, 5 days ago
Always delighted when Octane Capital Ltd receives a 5* Trustpilot review. Thank you TonyB for your kind words!… https://t.co/Rimwcb0Jsg

1 month ago
Octane Capital Ltd #3rdGen Mortgage Strategy https://t.co/FVArs3g8O2