Non-bank lender Pallas Capital has hired Jason Arnold as Group Executive – Origination to grow their funds under management for their CRE debt products across Australia and New Zealand.
Arnold has spent 22 years in the real estate and structured finance sector, most recently as Owner and Managing Director of Quattro Finance & Advisory where he has originated approximately $2 billion in mortgages.
Pallas Capital offers borrowers five core loan types, being acquisition, pre-development, construction, residual stock and vacant land loans.
“When the opportunity was presented to not only be a part of the growth of Pallas Capital, but to truly challenge the industry as a leader in the commercial real estate finance sector, it was an offer too good to pass on,” Arnold said.
“The professionalism, experience and drive shown by the team, combined with the true care shown for all stakeholders in and around the business made this an easy decision for me.”
Pallas Capital Executive Director and Chief Investment Officer Dan Gallen said they had worked closely with Arnold over the past decade and experienced his talent and professionalism first-hand.
“It can be difficult to find senior personnel that align with the skill set, culture and expertise that a company such as Pallas Capital requires as it continues to grow, and we are confident that Jason’s wealth of experience and personal drive will see an immediate impact on our business,” Gallen said.
Pallas Capital manages funds for investing in commercial real estate loans secured against property assets with values between $1 – $50 million in major metropolitan areas.