Ingenious Real Estate announces new commercial partner
Ingenious Real Estate, a division of Ingenious, is delighted to announce the appointment of Peritus Corporate Finance as a new commercial partner for its real estate lending business.
As part of the arrangement, Dean Brown will join Peritus as Head of Origination and will work closely with Ingenious on a range of initiatives, particularly on the continued expansion of Ingenious’ residential lending platform.
Neil Forster, Ingenious CEO, commented: “This new partnership represents another important step by Ingenious in expanding our real estate activities. We have been impressed by Peritus’ vision and deal-making skills and look forward to working with Dean and the rest of the team in what promises to be an exciting year.”
Peritus brings an experienced team of 14 people covering a range of real estate advisory and origination services. In 2015, Peritus completed transactions worth over £450 million and expects to significantly increase activities in 2016.
Ingenious Real Estate invests in and arranges finance for real estate projects across a range of strategies through direct acquisitions, joint ventures, co-investment and managed funds. Its investment and operating philosophy focuses on non-mainstream opportunities with the potential to deliver particularly attractive risk-adjusted returns through expert execution and management.