"He will enhance the strength of our credit functions as well as bring his vast experience in specialist and development finance to further improve our offering to borrowers and brokers alike."
Matt Foley has joined Avamore Capital as director of credit, helping lead the specialist development lender in its next phase of growth and long-term strategy.
He joins the business’s senior leadership team from Octopus Real Estate, where he was head of credit for residential development for six years.
In his new role, Matt will have oversight of all credit functions of the business including the underwriting and asset management teams.
Matt Foley commented: “I am delighted to be joining Avamore Capital. Having observed the company over the last few years I am so excited to be able to join them at such an exciting time for both them and the specialist lending industry.
“I have known D’mitri for some time and it was an easy decision to come and join him at Avamore Capital. They have a fantastic reputation in the industry with an exceptional team and I cannot wait to work with them.”
D’mitri Zaprzala, CEO of Avamore, commented: “This is an incredibly exciting stage in Avamore’s growth journey, and we’re absolutely delighted to have Matt join the business. He brings tremendous industry knowledge, experience and relationships to the team while sharing the company’s values and ambitious plans for the future.
“He will enhance the strength of our credit functions as well as bring his vast experience in specialist and development finance to further improve our offering to borrowers and brokers alike. Looking ahead Avamore plans to continue looking for innovative ways to lend, through further expansion of our product set and investment into internal efficiencies. Matt’s experience in areas such as PBSA perfectly aligns with our own growth in these and other areas.
“I very much look forward to working with Matt and seeing the exciting contributions he will bring to the business through the next phase of our journey.”