Brian Bartaby is the CEO and founder of Proplend, a Peer to Peer lending platform specialising in the sub-£5m commercial real estate debt market. In 2003 Brian founded Longcross Capital, a firm specialising in providing financial solutions for real estate investors and developers. He spent 12 years successfully structuring funding deals to meet his clients ever changing requirements, which ultimately led him to develop the Proplend platform. Prior to property finance he spent 13 years working in London, NY and HK managing FX and Options trading desks where he developed a solid understanding of risk.
Brian asserted that it is becoming much harder for developers to fund ‘speculative’ transactions.
A key factor that drew Proplend into the market initially was the fact that of £180bn of outstanding debt against commercial property, 25 per cent are loans of under £5m.
Income, risk and value are the three key areas in which Brian believes commercial real estate opportunities are superior to other parts of the property investment sector.
Proplend tranches loans to cater more specifically to the risk/reward appetites of its investors, by allowing them to choose which part of the capital structure they take exposure to.
4th December 2015 | Sam Griffiths