Moda Living has recruited Michael Old from EY where he was a partner in the UK real estate corporate finance team.
Old, who has more than 30 years’ real estate experience, previously held senior positions in real estate finance at investment banks including Jefferies, Bank of America Merrill Lynch and Rothschild & Co.
At Moda he will be based in the company’s London office and advise on corporate finance, funding and deal structuring across the company’s rental living portfolio. He will work alongside investment director Guy Hurwood and Moda’s in-house investment team, engaging 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 Mike 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’s a privilege to join a team that’s 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 forging new long-term partnerships for one of the most exciting growing businesses in real estate.”
