As Hilltop’s new Senior Construction and Development Advisor, George will further strengthen Hilltop’s senior team, following the appointment of former Nomura executive Claudiu Gheorghita as Chief Investment Officer.
With over 35 years of global residential real estate experience, George will work closely with CEO Paul Oberschneider; supporting Hilltop Credit Partners’ investment and lending initiatives.
“Hilltop Credit Partners has consistently partnered with dynamic and ambitious borrowers to deliver high quality and much needed real estate, which I’m excited to be driving forward. As the uncertain macroeconomic backdrop persists, those lenders that have the knowledge to work closely with partners to successfully deliver schemes will be increasingly well placed to increase market share.”George Craven, Senior Construction and Development Advisor, Hilltop Credit Partners
Most recently, George was Head of Development for a Private Equity firm, where he oversaw the delivery of a UK and European real estate portfolio with a GDV of c. $5bn, including 4,400 Build to Rent units, 12,500 purpose-built student accommodation (PBSA) units and 2,700 build-to-sell units.
Previous roles included running his own development platform and the development consultancy team at Arcadis, and roles at leading construction businesses Balfour Beatty and John Mowlem.
“Given the current complexities in the development lending space, George’s 35 years of development and cost analysis experience across multiple market cycles will be invaluable. As a Living sector specialist with a global background, George will bring a unique perspective to our underwriting function, whilst his entrepreneurial ethos aligns with that of both Hilltop Credit Partners and our many clients. The opportunity in the alternative lending space remains compelling, and we continue to strengthen the senior team to support our significant growth ambitions.”Paul Oberschneider, CEO and Founder, Hilltop Credit Partners
George’s principal focus will be supporting partners across the development lifecycle – from design, value optimisation, costing and cash flow through to construction refinement, contract negotiations, management and planning – ensuring the delivery of schemes on time and within budget.
He will also ensure the business is having a positive impact on the built environment, working with sponsors to ensure developments meet sustainable guidelines and utilise modern methods of construction.