In the newly created role, White will work within the firm’s residential development lending team, and will have particular responsibility for generating opportunities in two of Octopus’s core specialisms, care homes and retirement communities.

White joins from Fortwell Capital, where he was a director, responsible for development lending across the residential and senior living sectors. In that post he was responsible for Fortwell entering the retirement living market, and oversaw its increased exposure to care homes.

Andy Scott, head of residential development at Octopus Real Estate, noted that to date, the lender has focused on clients in the residential and student accommodation sectors, though it has been working on expanding its offering into other asset classes like care homes and retirement living.

He continued: “With his experience across these sectors, Nick is the perfect person to spearhead this expansion and help us take full advantage of the plentiful opportunities in the residential lending space.”

White said that the lender was a “genuinely entrepreneurial business”, adding: “I’m excited to have the unique opportunity to link up with the other teams in the Real Estate business to find origination prospects across the UK that deliver a positive impact across society.”

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