Atelier hires new manager to lend extra £50m to South West developers

Development lender Atelier has appointed Mike Page (pictured above) as its new lending manager — who will be responsible for delivering £50m in loans over the next year to student, residential and care sector developers, across the South West of England and South Wales.

Mike brings over 19 years’ experience to the role including his most recent tenure as director of property finance at OakNorth Bank, and senior positions at Lloyds Banking Group and RBS.

Over the past decade he has overseen more than £300m of lending to property developers and investors.

Commenting on his new appointment, Mike said: “I’ve lived in the region for three and half decades and I am constantly impressed by the agility and entrepreneurialism of the South West developers who know our market best.

“I’m looking forward to working with them, and the region’s community of intermediaries and property professionals, to help get more of the right homes built in the right places.”

He will support Atelier’s COO, Martin Gilsenan, who added: “Mike joins us with an exceptional pedigree in development finance and a detailed knowledge of the South West’s most promising property markets.

“We’ve found the region to be remarkably resilient, and its ability to evolve and generate compelling development opportunities makes it strategically important for our national growth plan.”

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