London-based real estate loan specialist Laxfield Capital has announced the appointment of Daniel Smith as head of origination, supporting its drive to expand the business.
London-based real estate loan specialist Laxfield Capital has announced the appointment of Daniel Smith as head of origination, supporting its drive to expand the business.
Smith joins from German real estate bank Eurohypo, where he was a managing director, originating and structuring a number of high profile transactions, and more recently heading up its UK restructuring unit.
Laxfield Capital, founded in 2008, is a property debt origination and loan management business owned by Adam Slater and Emma Huepfl. The pair have worked together since 1992, establishing their first business after leaving GE Capital in 1995, to work with the new German banks coming into the UK market.
Laxfield Capital has origination mandates from a range of different lenders with different lending criteria. These include Metropolitan Life Insurance Company, Münchener Hypothekenbank eG and, most recently, Cornerstone Real Estate Advisors. The Company has been particularly active in the past 18 months with loans under management now exceeding £1.1 bn (EUR 1.4 bn) for six lenders.
