Team in focus series: Q&A with Originator Adam Wass
As part of our ‘Team in focus’ series, we will be holding Q&A sessions with people across our organisation to share the many skills and personalities that we are fortunate enough to have here at Maslow Capital. Our first team member in focus is Adam Wass, who is a member of our Origination Team.
When first joining Maslow, Adam was initially responsible for assisting the Deal Origination Team in both structuring new and monitoring existing deals through to successful repayment. Adam has been involved in a variety of transactions to date including pure residential development, mixed-use, PBSA and complex deposit structured deals. In 2018, Adam moved into our experienced Origination Team where he is responsible for managing existing relationships and sourcing new business.’
How many years have you been working at Maslow and what has been your favourite memory at the company?
“I have been at Maslow for 6 years. Celebrating Maslow’s 10-year anniversary in Marrakech has to be one of the highlights.”
How did you get into the real estate finance industry?
“Having spent 5 years working in the public sector for the Ministry of Justice, during the coalition government and associated austerity, I wanted to make the switch to the private sector, where an entry level opportunity became available at Maslow. The rest is history.”
What do you think differentiates Maslow from other Lenders?
“Maslow’s comprehensive and detailed approach backed by a vastly experienced team, from deal origination through to portfolio monitoring and restructuring.”
What key challenges do you think the development industry will have to navigate this year and how have today’s challenges changed when compared to what you were seeing 6 months ago?
“Without a doubt, the biggest challenge will be understanding the real feasibility of each scheme, having factored in sensitised end values and uncertain construction costs due to supply chain interruptions. Developers will need to consider whether their schemes can withstand reductions in values due to the market resetting, or whether their schemes have the flexibility to withstand elongated hold periods (e.g. rental market).”
If you weren’t in real estate finance, what other profession would you like to have been in?
“As my dreams of being a professional footballer are dead through both age and ability, I have always liked the idea of being in some form of journalism.”
What has been keeping you sane during the current Coronavirus lockdown?
“Spending more time with my wife and kids, especially my new-born son.”
How have you adapted to today’s work from home shift?
“I think the key is to establish a separate working space away from day-to-day distractions. Utilising technology to keep connected with colleagues is also a massive benefit.”
Is there someone in the industry you particularly look up to?
“No one person in particular. I look up to all my colleagues at Maslow considering the individual strengths they all possess, along with the professionals we engage with on a daily basis, who I consider to be the best in their roles.”