MaxCap Group, Australia’s leading commercial real estate (CRE) investment specialist, today announced the appointment of Simon Hulett to the position of Director of Real Estate Investment.

Simon will be primarily responsible for the development and execution of MaxCap’s direct investment strategy nationally and originate opportunities across all asset classes including office, industrial, retail and residential. His appointment reinforces our commitment to partner with developers across the capital stack and where appropriate provide equity capital.

Simon has more than 13 years of acquisition and real estate development experience. Most recently, he spent over seven years as Development Director at Charter Hall based in Sydney and Perth where he originated and managed all aspects of development for some of their large marquee projects spanning a range of property sectors. Prior to this, Simon worked for Saracen Properties as a Development Manager in Perth and Melbourne primarily focused on commercial and retail construction projects.

Simon will be based in Sydney initially and report to Brae Sokolski, Chief Investment Officer. He starts in his new role on 9 April 2019.

 “We are delighted to continue to attract the highest calibre talent to MaxCap. Simon has a successful acquisition and development track record in the NSW, VIC, QLD and WA markets. His skills and direct investment experience complement our business perfectly.” said Brae Sokolski.

“We remain focused on being the pre-eminent institutional manager of real estate debt, however we see a very clear opportunity to support our blue-chip clients on an equity investment basis where strong risk-adjusted returns can be realised.”

MaxCap’s team and geographic reach has grown exponentially over the past 12 months. Simon’s appointment follows the recent appointment of Ben Jones as Investment Director, Western Australia and Michael Nitschke as Investment Director, Queensland, giving MaxCap a truly national footprint.

MaxCap Group, leading manager of commercial real estate (CRE) debt, today announced the appointment of Michael Nitschke to the position of Investment Director – Queensland. He has more than 18 years’ Australian real estate finance experience, including senior roles at Bank of Queensland as National Manager of Property Finance and at Deutsche Bank as Co-Head of Real Estate Debt.

Michael will be based in Brisbane and report to Eddie Law, MaxCap’s Regional Investment Director NSW, ACT & QLD. He starts in his new role in January 2019. His remit includes the development and growth of MaxCap’s existing market penetration in Queensland, and senior relationship management with borrowers and corporate, private and institutional investor clients.

“Michael has extensive industry experience and a successful track record in the Queensland market. His deep market knowledge and broad network, will be key to our Queensland expansion” said Eddie Law.

“With continued positive net interstate migration, Queensland and Brisbane in particular is on the path to sustainable growth and we are confident that MaxCap can facilitate the provision of capital into the CRE market to assist with this growth” he added.

MaxCap itself is on a significant growth trajectory. Since January the team has grown by more than 60 percent with further recruitment activity underway. The team will grow to 60 professionals spread across five offices by June 2019. Examples of some recent hires include Ben Klein who has joined as Private Capital Director, based in Melbourne and Joe O’Dwyer who has joined as Senior Executive – Investment, based in Sydney.

“We are delighted to be able to attract the top talent in the market across a range of disciplines. MaxCap is increasingly being recognised as best in class for our institutional grade investment platform, a core component of our competitive advantage. We continue to leverage this to create lasting value for our clients” said Wayne Lasky, Managing Director.

MaxCap Group (MaxCap), a leading CRE debt investment manager has partnered with one of Australia’s preeminent superfunds to deliver one of the largest single construction funding facilities in Australia in 2018.

The construction facility was to finance iconic development Park One, which is a mixed-use development comprising 412 residential apartments, a retail component, rooftop terrace and an integrated private park.

Commenting on the transaction, Mr Eddie Law, Investment Director said, “we are delighted to support this development in one of the NSW Government’s Priority Growth Precincts. Golden Age Group (Golden Age) is one of Australia’s leading private developers with an extensive portfolio of hospitality assets and successfully completed mixed-use developments in Melbourne and Sydney.”

Mr Jeff Xu, Founder and Managing Director of Golden Age said “MaxCap has been a key partner throughout our exponential growth journey. We have recently successfully completed and repaid the same superfund from our Waterloo project in Sydney. We are delighted they have continued their commitment to us for the Macquarie Park project.”

Mr Wayne Lasky, Managing Director MaxCap said “Institutional capital is beginning to flow into the Australian CRE debt market which offers strong risk-adjusted returns – an investment strategy that is increasingly carving its place as a stand-alone asset class in institutional portfolios.”