Laxfield Capital has appointed Daniel Smith as head of loan origination.
Smith joins from Eurohypo, where he was a managing director, and recently headed up their UK restructuring unit.
The move is part of the property debt origination and loan management business’s expansion plans.
Laxfield’s managing director, Adam Slater, said: “We are excited to be welcoming Dan to our team and his arrival represents another important step forward in the growth of our business. There is a huge opportunity at present, both in terms of funding requirements and new sources of capital attracted by returns available from property secured debt. Dan’s wide range of contacts and extensive structuring experience will help ensure that we cover the whole market and find the best business for all our capital providers.”
Smith said: “The property lending landscape has been through a fundamental change in the past two years, with traditional lenders increasingly being replaced by alternative sources of capital.
“Adam and Emma (Huepfl) have a great track record and an established business, which is strongly placed to react to these changes and maximise opportunities in the current environment.
“I am looking forward to working with the Laxfield team in order to grow and develop the business further.”
Laxfield, which focuses on UK commercial property loans, has been active since 2008 and has £1.1bn worth of loans under management for six lenders.
Sophia.Furber@estatesgazette.com
