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Property Investment

Property

Beginning of the end or new beginning?

In early September I received a call which changed the course of my property journey.

While I’d had some concerns about the time delays on projects, lack of accounts and the communications I had (and had not) been receiving, I was so caught up in untangling a 19 year relationship along with supporting my three young children that I’d pushed these niggling feelings aside. However the lack of transparency in the situation was completely at odds with my values. During that call the penny dropped for both of us that things were not as they seemed. Something was awry and we had a lot of work to do if we wanted to rescue the situation and engineer an exit for investors in the nine properties within the portfolio.

The situation took a personal toll. I went through the seven stages of grief simultaneously over three areas of my life – career, divorce and the complete upheaval of my family life. It was unfortunate that the time that my property investments needed me my family needed me more.

– Shock and denial
– Pain and guilt
– Anger and bargaining
– Depression
– The upward turn
– Reconstruction and working through
– Acceptance and hope

Now I flip between depression through to acceptance on a daily basis. But definitely with a lean towards the “reconstruction and working through” stage. I’ve set aside everything else, apart from family, just to focus on exits for investors.

If you are a stakeholder reading this please don’t be alarmed. A lot of work has been carried out at a high level since that fateful day in September. We are in a good place now but there is some mess left to clean up. Those in charge of the clearing up are more than capable and progress has been made.

For those hiding behind fake accounts and WhatsApp groups I pity you. It’s a shame that you are so frustrated in your own shortcomings and failings that you have to dwell on and even fabricate mine. Time will tell.

Thank you for the immense support I’ve received from so many places. When I’ve felt like quitting your messages and calls have kept me focussed. It’s amazing the support often comes not from those you expect but those you don’t. Thank you to the unexpected supporters 💙

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Podcast

EP47: Graeme Alfillie-Cook – Securing millions in an otherwise lacklustre property market

A good news story in an otherwise lacklustre property market. Graeme Alfillie-Cook, consultant, Apex Airspaces

In this podcast we discussed what it was that sets Apex Airspaces apart and how they’ve grown from a standing start to now a company with a heft delivery pipeline and millions of development funding.

Graeme is a senior real estate banker now working on a consultancy basis for Apex Airspace. He has helped the company put in place a £9m development financing with Homes England and more recently a £10m revolving development financing with the GLA to deliver 500 units across London.

Graeme formerly headed Lloyds Bank’s Developers team providing innovative client centric debt finance solutions and in turn helping customers deliver complex development projects. He has extensive real estate and structured finance experience having worked with Lloyds’ major real estate clients closing numerous high profile debt transactions as well as being active in the structured credit and securitisation markets. Graeme joined Lloyds Bank from the University of Exeter where he studied Economic and Political Development. He is married with two children, lives in Central London, and sits on the Executive Committee of Wasps FC.

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Podcast

EP46: Adrian Cormican – Financing over £750m of property

“How do you get your investors? We just ask.” Adrian Cormican

In this podcast Adrian discusses:

– His unique property financing offering;
– Getting over his fear of public speaking;
– Being called a LinkedIn guru; and
– Turning around a development that starts going wrong.

Adrian has worked in the property industry since 2001. Initially starting in banking before setting up a property brokerage in 2010, Hallcroft Finance. Since then the business has assisted with the finance of over £750,000,000 worth of property to the market.

The business has grown alongside its clients into a lending business in its own right with both a second charge lending business and a joint venture arm which has been built on strong relationships created over the years.

For more information see: www.linkedin.com/in/adrian-cormican-80198a11/

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Podcast

EP45: Gita Trevorrow-Seymour – neuroscience geek and founder of High Definition You

High Definition You is the brain child of Gita Trevorrow-Seymour. Her love affair with human behaviour began at age 6 when she attended her first play. Who, she wondered, couldn’t be fascinated with the inner workings of the human being and how we portray ourselves and how we are perceived?! Understanding what makes humans tick and what forms ‘character’ developed over the decades from a fascination to an occupation. An unexpected passion and current study into applied neuroscience now deeply informs the approach we take at High Definition You and our focus on how we can transform the mindset and ‘confidence’ of our clients.

We love inspiring a-ha moments but we live to empower our clients to take action.

Having sat through too many dull trainings in her corporate career, Gita is determined to equip our clients with a toolkit full of practical techniques that are not only easy to remember and implement but also have a huge impact on their personal and professional happiness, motivation, engagement and success.

Before qualifying as a coach, Gita’s 15-year career spanned psychology, acting, banking, recruitment and sales, so she is uniquely placed to combine science-backed research with an innovative approach to business in an inspiring, engaging and empowering way. Drawing on her own leadership journey, she brings a compelling combination of creative, commercial and cognitive to the personal and professional development space.

Whether giving a keynote speech or working with participants over several days, Gita and her team facilitate change on a deep and sustainable level. Clients report meaningful shifts that unlock not only their individual hidden potential but also boost the company’s effectiveness in a myriad of ways.

To find out. more about Gitanjali see www.highdefinitionyou.com or Instagram www.instagram.com/gitanjali_hdyou/

Let me know what you think in the comments below and do reach out if you have any questions or suggestions, always happy to hear from you!

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Podcast

EP44: Martine Bridge – founder of property PR firm, Bridging London

Martine is the driving force behind Bridging London, her charisma and professionalism have enabled her to build one of the most significant networks in the Property PR industry. Martine and her skilled team have leveraged their considerable experience to create long lasting and mutually beneficial partnerships for all in her network.

Before starting Bridging London in 2013, Martine had a varied and extensive career in property and lifestyle communications, including five years with luxury developer Candy & Candy, where she has worked on iconic developments such as One Hyde Park, Chelsea Barracks and Fitzroy Place. Martine has also worked for luxury interior design firm Lawson Robb and branding and design agency Heavenly, on prestigious projects such as The Lancaster’s and Somerset Place at the Royal Crescent, in Bath.podcast propertyrealestatebusinessentrepreneurpublicrelationsPR

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Podcast

EP40: Edward Benyon – Property investing since the 1600s

“This long term attitude has enabled us to do things which a shorter term trader developer company might not be able to do.” Edward Benyon

Not many people can trace the start of their property portfolio to the 1600s. Yet his family initially bought a farm in the 1640s which then covered Islington, De Beauvoir and into Kings Cross.

By the 1930s the estate owned just about every freehold in the 1930s. Since then the estate has shrunk thanks to bombing, leaseholder reform, compulsory purchase, and, most significantly, death duties.

In this podcast we discuss:

– The history of the De Beauvoir and Benyon families;
– The rise and fall of Hackney’s fortunes;
– Investing for the long term; 
– Rental reform and so much more.

Horses were an early passion in life and Edward briefly considered a career in eventing and show jumping before quickly realising that it was a challenging way to make ends meet. Instead, he turned his mind to property.

His first job was in Connaught Square, W2, working for the Irish property investor and former Olympic equestrian, Alfred Buller – who went on to invest heavily in Clerkenwell, on the fringe of the City, not far from De Beauvoir Town. Edward then set up an offshoot of the firm that focussed on rural property from an office in Hungerford, Berkshire.

Later on, Edward ran a property department for a small finance house in St James putting together deals until the family and its trustees decided that The Benyon Estate could no longer be property managed and required asset managing. Edward was brought in to lead the team as Estate Manager in 2007.

“So, my wife and I moved from Peckham to De Beauvoir Town to oversee this change,” explains Edward. “It’s been an amazing experience – somewhat nail-biting at times as we’ve invested a lot of money into the Estate – but I am pleased with what we have started in terms of bettering the Estate with community in mind and I am determined to keep it going. Both the family and trustees have been, and continue to be, extremely supportive of what we are doing here which is about looking after our tenants and really understanding this area and its needs.”

For more information see thebenyonestate.com

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Podcast

EP2: Mark Shearman – Planning Consultant, Firstplan

Mark is a partner at Firstplan, a Central London planning consultancy based on Bermondsey Street, SE1. He has over 10 years of experience dealing with a variety of developments across London and the UK, including a range of residential, mixed-use and retail, restaurant and commercial developments, as well as high-end, smaller scale residential schemes such as basements and listed building alterations and extensions.

Mark first worked with Nicole on her City Road scheme – winning a planning appeal enabling her to build 2 additional storeys of residential on the roof of the building – and has subsequently assisted with a number of her other ongoing developments in Hackney, including the St. Matthias Club in Dalston and the Paintworks site on Kingsland Road. He specialises in managing and negotiating with local authorities, and advising developers on planning strategies aimed at helping them to maximise the planning potential of their sites.

www.firstplan.co.uk

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