Aldermore appoints head of commercial real estate for the North

Aldermore has appointed Russell Oliver as head of commercial real estate for the North as the bank looks to expand its presence across regional property markets.

Oliver (pictured) joins the lender with more than 30 years’ experience across real estate and acquisition finance, having held a series of senior roles at major banking and specialist lending institutions.

He began his career on the Bank of Scotland graduate programme, where he spent 15 years developing experience across real estate and acquisition finance.

During that time he worked within the corporate team in Manchester before relocating to Amsterdam to join the bank’s acquisition finance team.

After returning to the UK, Oliver went on to lead Bank of Scotland’s real estate team covering Yorkshire and the North East, building relationships with investors and developers across the region.

He later joined National Australia Bank, initially focusing on acquisition finance before moving on to lead real estate teams in both Leeds and London.

Oliver subsequently held a senior credit role at Virgin Money before joining Santander as a senior director in real estate, with a primary focus on the Northern market.

Most recently, he served as a director at Together Money, supporting complex real estate transactions across the region.

Azfar Rizvi, commercial director for commercial real estate at Aldermore, says: “Russell’s depth of experience and strong technical, structuring skills across real estate and acquisition finance, combined with his strong regional knowledge, makes him an exceptional addition to our team.

“The North remains a key strategic region for Aldermore and his leadership will further enhance our ability to support experienced property investors and developers with flexible funding solutions. We’re delighted to welcome him to the team.”

Russell Oliver, head of commercial real estate, North at Aldermore, adds: “I’m delighted to be joining Aldermore at such an exciting time for the business.

“The Northern real estate market continues to demonstrate resilience and opportunity, and I look forward to working with colleagues and clients across the region to deliver bespoke funding solutions, build long-term relationships and support sustainable growth.”

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