Healthcare
OakNorth Bank completes £40M loan to a social impact investment group that are offering innovative solutions to tackle the social housing and care crisis
The loan is to Grosvenor Hill, a newly formed social impact group led by the team behind Mountain Capital & MLX Capital, who have a long-standing track record of delivering high-quality real estate projects across the UK; Grosvenor Hill are a real estate and investment group that uniquely designs and develops projects in partnership with […]
Healthcare
OakNorth Bank completes £531K loan to Sincere Homes for new supported living development in the West Midlands
The capital will fund the development of a four-bedroomed supported living home in Willenhall, part of the Metropolitan Borough of Walsall; Sincere Homes is a partner with the Midway Care Group, which was founded in 2006 by Matthew Harrison and provides services for people with learning disabilities; Having now developed 15 schemes for Midway Care […]
Healthcare
OakNorth Bank completes £20.2M loan to Park Lane Healthcare for new luxurious sustainable care village near Pocklington, East Yorkshire
Founded in 2005, the award-winning Park Lane Healthcare is a family-owned care business providing exceptional care for the elderly across North and East Yorkshire; The new site, named Lavender Fields Care Village, is situated three miles from the popular market town of Pocklington and will compromise of a 72 bed care home and 24 close-care […]
Healthcare
OakNorth Bank lends £18.5M to Care Concern Group to support the development of a new care home in Aberdeen
Founded in 1991, the Care Concern Group is a family-run business consisting of 78 care homes specialising in general nursing and dementia care across the UK; The capital from OakNorth Bank will be used to facilitate a sale and leaseback agreement with a leading European fund; The Group continues to experience strong occupancy rates, averaging […]
Healthcare
OakNorth Bank completes £7.5M loan for the development of a major new luxury care home in Beverley, East Yorkshire
Springfield Healthcare is a family-owned business providing exceptional care in the heart of communities across Yorkshire. It is backed by the Business Growth Fund (BGF); The capital from OakNorth Bank will be used to develop a luxury care home with 79 en-suite care rooms, six care home apartments, and seven retirement flats for sale; The […]
Healthcare
OakNorth Bank provides £50M loan to support Brigid Investments in financing McCarthy Stone’s UK retirement living rental portfolio
Brigid Investments Limited (Brigid Investments) is a special purpose vehicle formed by John Laing and Macquarie Capital who are both 50 per cent shareholders; The newly built and fully occupied rental units will continue to be operated by McCarthy Stone, the leading developer and manager of retirement living communities in the UK; The capital will […]