Since it began operating in the US in July 2023, OakNorth has lent over $700m to the lower mid-market Monday 17th March, 2025: OakNorth, the leading commercial digital bank for entrepreneurs by entrepreneurs, today announces that it has agreed to purchase Community Unity Bank (CUB), the home-grown, FDIC-insured community bank based in Birmingham, Michigan, in […]
OakNorth backs joint venture between OβShea and Galliard, with Β£22.8m loan to fund holiday lodges at Saltmoore, the new coastal luxury wellness retreat on the North Yorkshire Coast
Led by CEO, Adam Harvey, The Harkalm Group, specialises in the retail, convenience, roadside and education sectors; Completing over 150 transactions in the last five years, the group has successfully invested over Β£400m to date, including over Β£30m in the UKβs early years sector; The Β£2.1m loan from OakNorth will support the acquisition of eight […]
Founded in 2015 by Joe Froud and Jack Pitman, Paloma Capital is a leading entrepreneurial private equity real estate investor; Paloma has raised over Β£520m of wholly discretionary capital in three value-add funds since its launch; The Β£50m of new funding from OakNorth, split across two separate transactions, will be deployed within the firmβs Paloma […]
The borrowing entity, 52 Tottenham St, Fitzrovia Ltd, is owned and led by Parag Sawheny, Founder and Managing Partner of Penn South Capital, and Yoni Karako, Founder and Principal of Courtier Capital and Co-founder and former CEO of Vonder; The Β£1.4m loan from OakNorth will be used to acquire and redevelop a four-storey site into […]