Centuria Bass appoints David Stone

As Managing Director – Origination, Sydney-based

Australasian real estate funding solutions provider, Centuria Bass Credit (CBC or ‘Centuria Bass’), has appointed experienced real estate lending expert, David Stone, as Managing Director – Origination, effective from 28 April 2025.

Mr Stone joins Centuria Bass’ Sydney office and brings a wealth of experience across mid-market property lending having held senior positions within real estate divisions at CBA, St George and ING as well as executive positions with boutique private lenders. Most recently, he was Head of Capital at real estate development and construction group, Bathla.

Mr Stone has previously managed loan books of up to $1 billion across various property sectors and is reputed for his extensive network among family offices and high net worths.

In his new position, Mr Stone will be responsible for loan origination across Centuria Bass’ expanding operations and will report to Deputy CEO, David Giffin.

Mr Giffin, said, “We are proud to welcome David to the Centuria Bass fold as the company continues to expand its market share within the private real estate lending sector. David’s mid-market background marries well with the growing need for finance in this sector, especially among developers who face burgeoning demand for new homes and real estate infrastructure.”

Mr Stone holds a Bachelor of Design from the University of Technology, Sydney (UTS) and a Master of Property Development from UTS.

As at 31 December 2024, Centuria Bass manages $2.3 billion in AUM, a +21% increase within six months.

Centuria Bass was founded in 2016 and, since its inception, it has provided compelling returns to wholesale investors on secured private credit loans.