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Two new BDMs for First Mortgage Trust

First Mortgage Trust has appointed two new Auckland-based BDMs to build on its growing presence in the region.

Jack Fox (pictured), joined the non-bank lender in mid-July as a business development manager after nearly nine years in banking.

Fox will work in the construction & development side of the business. He has experience in the banking and property finance sector having worked for ANZ and Lloyds Bank.

At ANZ, Fox most recently held the role of relationship manager in the Auckland-based property finance team, where he worked on a range of transactions from commercial property investments and land subdivisions to large scale apartment and hotel developments.

Meanwhile, Dan Bolstad has also joined FMT from a large family office non-bank lender.

Bolstad has experience in structured property and construction finance transactions.

FMT says Bolstad is “well placed to grow FMT’s development and construction finance book”.

Qualified as a lawyer, Bolstad has also worked for prominent New Zealand and International laws firms in their property departments.

He has advised developers, investors, and financiers on substantial commercial, mixed use, and residential developments and investments.