Melbourne, 30 January 2019 – MaxCap Group, a leading manager of commercial real estate (CRE) debt, today announced the appointment of Ben Jones to the position of Investment Director – Western Australia (WA). His appointment reinforces MaxCap’s commitment to the Perth market and confidence in the on-going recovery of the WA real estate sector.

Ben has over 20 years of Australian real estate finance experience across both institutional and commercial banking; having held senior lending and risk roles in both Sydney and Perth for Westpac and NAB. In addition, Ben is an Associate Member of the API, commencing his career as a valuer where he covered all sectors of the West Australian property market.

He will be based in Perth and report to David O’Connor, Senior Investment Director. He starts in his new role on 4 March 2019. His remit includes the development and growth of MaxCap’s business in WA and responsibility for senior relationship management of borrowers and corporate, private and institutional investor clients.

“We are delighted to continue to attract high calibre talent to MaxCap. Ben has a highly successful track record in the WA market. His extensive industry experience and a deep market knowledge and broad network, will be key to our continued growth” said David O’Connor.

“The Western Australian economy continues to show signs of improvement, notably underpinned by the announcement of a number of major new mining projects at the end of last year which we expect to lead to increased demand for capital into the CRE market” he added.

MaxCap’s team and geographic reach has grown exponentially over the past 12 months. Ben’s appointment follows the recent appointment of Michael Nitschke as Investment Director – Queensland in January. Michael previously held senior real estate finance roles at Bank of Queensland and at Deutsche Bank.