Moda appoints EY partner to investment team
Moda Living has appointed Michael Old to its central team, strengthening the business’s in-house investment capabilities as it continues to deliver its 24,000-home pipeline.
Old (pictured) joins the business from EY, where he was a partner in the UK real estate corporate finance team. Prior to this, he held senior positions in real estate finance at investment banks including Jefferies, Bank of America Merrill Lynch and Rothschild & Co.
At Moda, Old will advise on corporate finance, funding and deal structuring across Moda’s rental living portfolio.
Moda Living has appointed Michael Old to its central team, strengthening the business’s in-house investment capabilities as it continues to deliver its 24,000-home pipeline.
Old (pictured) joins the business from EY, where he was a partner in the UK real estate corporate finance team. Prior to this, he held senior positions in real estate finance at investment banks including Jefferies, Bank of America Merrill Lynch and Rothschild & Co.
At Moda, Old will advise on corporate finance, funding and deal structuring across Moda’s rental living portfolio.
He will work with Moda’s in-house investment team, including with investment director Guy Hurwood, and engage with the business’s growing pool of global institutional investors and agency partners.
Hurwood said: “Michael is a fantastic addition to the Moda team. With his background in corporate finance, global investor network and strong track record across multiple real estate sectors, including working on some of the living sector’s most significant transactions, we have no doubt he will be a terrific asset to our investment team as we continue to forge sector-leading deals across the UK.”
Old added: “I am hugely excited to be joining the Moda Living team as they complete and consolidate existing development projects, progress their strong development pipeline and expand into more “for rent” living markets.
“It is a privilege to join a team that has built a reputation for excellence, innovation and, crucially, delivery over recent years, and I look forward to drawing on my global finance experience to expand our investor relationships and forge new long-term partnerships.”
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Photo © Moda Living
