Our Story

Davon was established over twenty-five years ago and is a privately owned property finance organisation which specialises in structuring all forms of funding for property projects.

While the focus of the business has primarily been the funding of residential development, over the years funding has also been structured for a wider range of property based schemes including investment, leisure, student and tourism projects.

At the core of Davon’s business is a thorough understanding and appreciation of the property industry and development.  This allows each project to be assessed and the most appropriate funding structure to be created to suit the individual scheme.

The company has developed three key areas of operation being:

Davon

Structuring of finance for client companies. In this capacity the company works with a wide range of third party banks, lenders and investors with whom strong relationships have been built over many years. This range of contacts allows all forms of funding to be arranged for clients to include senior debt, mezzanine, equity and joint venture structures.

Strata

The principals of Davon realised the need to create an element to the business that could provide mezzanine finance for residential development as principal lender. As a result Strata was conceived and created in conjunction with evolve Fund Services and has built an enviable position for itself within the industry as an established provider of mezzanine for experienced developers and strong projects throughout the south of England

Davon Investments

Through this vehicle, Davon is able to provide funding as principal lender to projects that fall outside the lending criteria of Strata, generally by means of provision of smaller mezzanine loans. Through this vehicle Davon often co-invests with selected private investors who appreciate the full risk analysis, due diligence and loan management services provided by the company.

Through all its areas of operation, Davon prides itself on providing a professional service to all its clients and borrowers, many of whom have become repeat clients and for whom Davon has acted on many projects.

Likewise, the initial due diligence and analysis undertaken on schemes regardless of whether the project is being lent on by Davon or being brokered to third party is the same. This approach has allowed a strength of relationship and respect to be built over many years with lenders and investors which in turn benefits all aspects of the business today.

The company continues to build upon the existing areas of operation and continue to expand the avenues through which it can generate value from its position in marketplace, very strong established client base and ability to generate and handle deal flow and direct lending services.

“I have been pleased to have known Davon for many years and I can say with absolute confidence that If you want a solution to your funding requirements for your next development project, Davon is the place to go.”

Guy Warren – Evergreen Homes

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Meet The Team

David Norman

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David was born in 1966 and after education spent a short period of time working in his family business. The core of this business was the provision of raw materials to the food manufacturing industry but with a small property investment division that had been built from trading profits. It was this part of the business that David became involved with and developed before leaving at end 1987 to establish his own business.

From that time, David has worked within the property industry focused on the structuring of finance for all types of projects to include residential, commercial, leisure and tourism schemes primarily within the UK although with some limited international activities in the West Indies.

David is founder director and principal shareholder in Davon Limited that structures and provides funding for property projects and operates as broker as well as principal lender in the provision of mezzanine finance through its associated vehicles, Strata Residential Finance plc and Davon Investments Limited

He is a member of Association of Property Lenders and is well known to many active lenders within the property finance industry.

David has three adult children and a wide range of interests outside of work that include travelling with his partner Janet, music, sailing, power boating and motorsports and has in 2016 qualified for his Private Pilots License.

Get In Touch With David

0118 9783955
david@davonltd.com
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Chris Hector

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Chris Hector is a director of Davon Ltd and Davon Investments Ltd.  Chris was born in London but was raised and schooled in the Caribbean on the island of St Kitts.  Chris attended the University of the West Indies at campuses in Barbados and the Bahamas and graduated with a BSs (Hons) in Management. On leaving university Chris worked for the Tourism Office of St Kitts and Nevis locally and then in senior marketing roles in New York and in London.

Chris joined Davon Ltd in 1997 where his initial role in providing marketing consultancy to Davon’s clients has grown over the years to reflect the changing nature of the Davon business.  His role now involves financial management for the company, sourcing opportunities for the Strata and Davon Investments, preparing credit papers, liaising with the funds lawyers and monitoring loans from drawdown to redemption.  Chris is also involved with creating and executing marketing plans for the company and liaising with clients and banks, negotiating loan facilities with debt funders, mezzanine providers and joint venture partners.

Chris is married and his many interests include cycling, running and most forms of motorsports.

Get In Touch With Chris

0118 9783955
chris@davonltd.com
Connect on LinkedIn >

Michelle Richardson

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Michelle is the Business Support Executive at Davon Ltd.  She has over 14 years Administration and Office Management experience for a variety of small businesses including an American imports company and an Australian logistic products company.  Michelle worked for Davon Ltd initially from 2008 until 2010 when she left to have her family.  She returned to Davon Ltd in 2014.

Michelle has experience with all aspects of admin including payroll, HR functions, business relationships, logistics and sales.  In her role at Davon she also provides accounts and loan management support to the directors.

Michelle and her partner James have three children and in her spare time she enjoys reading, horse riding and Zumba.

Get In Touch With Michelle

0118 9783955
michelle@davonltd.com
Connect on LinkedIn >

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