Mezzanine lender announces new main board appointment

By Bridging Loan Directory 27th November 2018

Iron Bridge Finance, the London-based real estate development lender, has announced the immediate appointment of Martin Gilsenan to its main board of directors.

In the newly-created role of Managing Director – Sales, Gilsenan reports functionally to Chairman and CEO Lance Joseph and has principal responsibility for the oversight, implementation and direction of the group’s sales and relationships strategies.

As a director of the company, he also assumes the fiduciary and corporate governance responsibilities commensurate with his new position.

Gilsenan joined Iron Bridge as Director of Sales in July 2017 with a brief to grow and develop the group’s ambitious sales programme while providing strategic oversight and advice.

Based in Primrose Hill, London NW1, the Iron Bridge team has been investing its own funds since 2006 in mezzanine and top-up finance on multi-unit residential development projects. Its stated objective is to bridge the gap behind senior debt and equity within the capital stack.

Iron Bridge lends in amounts from £300,000 to £7,000,000 in areas of high demand across England and Wales.

Joseph said:

“We are delighted to appoint Martin to the main board of Iron Bridge Finance. The positive impact he has made since joining us has been considerable. His appointment as a director of the company is not only thoroughly well-deserved but reflects the incisive contribution he has made to the business.”

Before joining Iron Bridge, Gilsenan was previously with specialist development lender Fortwell Capital – formerly Omni Capital Partners – where he was sales director from 2011 until 2017.

Gilsenan, pictured, said:

“I would like to thank Lance and my fellow directors for this opportunity and for the faith they have placed in me. Being part of a strong, experienced and committed team such as we have at Iron Bridge is what makes getting up each morning worthwhile. My aim now is to continue to work closely with our senior lending partners and introducers in order to support developers throughout 2019 and beyond.”