AND FINALLY

MaxCap expands WA business

Photo: Note Viriyarat (Copyright Australian Property Journal)
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COMMERCIAL real estate financier MaxCap has announced the appointment of Justin Pearce to the position of State Director – Western Australia.

Pearce has over 22 years of real estate and resource finance experience across both institutional and business banking, having held senior lending and relationship management roles for CBA and St George Bank in Perth.

He will report to MaxCap CIO Bill McWilliams and start in his role on 15th August, with his remit to include the development and growth of MaxCap’s business in WA and responsibility for senior relationship management of borrowers, investors and key market participants.

“Justin has a successful track record in the WA market. His extensive industry experience, deep market knowledge and broad network, will be key to our continued growth. We are delighted he is joining our team,” McWilliams said.

“Western Australia is expected to provide continued opportunities for attractive growth and expansion as we continue to diversify the geographic spread of our lending book. Perth currently has the nation’s lowest unemployment rate and highest average weekly wage, sub-1% metropolitan vacancy rates and the second most affordable housing of any capital city,” he said.

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