LEXI Finance announces three key appointments to meet growing demand.
- The firm strengthens its team following a year of significant growth.
- Morgan Bowen, Charlie Fox, and David Miller bring valuable expertise.
- Increased demand observed in development finance and acquisition loans.
- New hires aim to enhance client relationships and service offerings.
LEXI Finance has expanded its team by appointing three new key members to address the escalating demand for debt advisory services. As the company continues to grow, it has welcomed Morgan Bowen, Charlie Fox, and David Miller into pivotal roles, reflecting a strategic enhancement of its workforce.
The timing of these appointments corresponds with a particularly robust year for LEXI Finance, during which the average loan size has more than doubled. The firm has successfully advised on 30 completed transactions with an extensive range of 20 lending partners by the end of the third quarter. This surge in activity is further underscored by a notable 40% increase in development finance demands and a substantial 30% year-on-year growth in acquisition loans, encompassing sectors such as pre-let industrial, speculative warehousing, and residential builds including build-to-rent and build-to-sell projects.
David Miller, renowned for his previous tenure as finance director at South Street Asset Management and head of finance at Criterion Capital, is set to contribute significantly through his deep technical knowledge and expansive network within the property sector.
Morgan Bowen joins the team from Investec’s real estate finance division where he specialised in originating and managing portfolio loans. His prior experience at Savills has endowed him with a vast network of contacts within both the residential and commercial real estate landscapes.
Charlie Fox’s background at Toorak Capital Partners, combined with his prior experience in debt advisory and at three FTSE 100 companies, positions him well to contribute to LEXI’s strategic goals. His expertise spans funding across the UK real estate market.
Charlie Armstrong, director of LEXI, accentuated that the firm is entering a new phase, where the combined expertise and strong commitment of these new appointees will be instrumental in furthering the company’s growth and maintaining its excellent client relationships.
The decision to bolster the team with these appointments illustrates LEXI Finance’s proactive approach in aligning with market trends and addressing the heightened demand for comprehensive finance solutions across the UK and Europe.
These strategic appointments position LEXI Finance to effectively navigate the increasing demand for debt advisory services.
