Zenzic Capital appoints Brown to head development finance division

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  • 12/03/2024
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Zenzic Capital appoints Brown to head development finance division
Real estate lender Zenzic Capital has hired Simon Brown as head of real estate development finance lending.

He will focus on managing the lender’s residential development loan book and ensuring its offering suits its target client base.  

Brown has more than 20 years of experience in deal origination as well as sourcing and structuring transactions.  

He worked at the Irish Allied Bank for nearly four years as manager corporate banking, then went on to work at the Royal Bank of Scotland (RBS) as senior manager for two years. Brown was at Investec for eight and a half years as head of private client, property and corporate lending. 

He was also at Sancus as managing director of its Guernsey business for two years and worked as the head of lending at Capital Rise for nearly two years. 

Zenzic Capital launched in 2014 and offers finance to borrowers in the logistics, student accommodation, residential, hotels and leisure real estate sectors. Last year, it received multi-million pound funding from Shawbrook to support its growth. 

Easier this year, it launched a £500m UK purpose-built student accommodation strategy to invest in existing stock and the development of new assets. 

Nadine Buckland, CEO of Zenzic Capital, said: “Many SME real estate developers in the UK are underserved by wider capital markets and are a key area of focus for Zenzic. Simon brings two decades of experience originating and executing deals at some of the industry’s most established lenders.  

“We are confident that with this addition to our growing team, we are in a great position to continue our impressive growth trajectory as we support new and existing clients across a variety of sectors and geographies.” 

Brown (pictured) added: “Over the last 10 years, Zenzic has established a strong reputation for thinking creatively to deliver innovative financing solutions across the capital stack. I look forward to helping Nadine, Tom and the rest of the Zenzic team grow their development finance offering.” 

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