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CapitalRise hires Williams as director of business development – Mortgage Strategy

CapitalRise has hired Imogen Williams as director of business development and promoted Ed Groves to partner at the local finance firm.

The business, which specializes in property investment, says Williams joins Market Financial Solutions where he worked for just over three years, leaving as regional sales manager in February.

It says his new role will involve “building on existing relationships and establishing new relationships with developers, property investors, and those requiring real estate credit in key markets and areas of London and the South East”.

The company combines bridging and development loans to help finance primarily residential projects.

The business added that Ed Groves, who joined the firm in 2021 as a credit analyst, advancing to senior analyst last year, is now a partner at the firm.

Groves will now seek new business opportunities in residential mortgage finance, in addition to his current responsibilities.

The business says the moves are “in response to strong market demand for capital development in the prime property sector across London and the wider South East”.

CapitalRise CEO and founder Uma Rajah adds: “We have increased lending targets for 2024 following strong performance in 2023.

“To date, we have exceeded £335m by lending £873m of assets. In addition, with a strong appetite for lending, supported by our recent £250m funding, recognizing and celebrating success among our talented partners is essential.”

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