Real Estate
OakNorth Bank completes £10m property investment facility with global investment manager, L1 Capital, to support capital expenditure and invest in new value-add assets
Established in Melbourne in 2007, L1 Capital is a global investment manager with approximately $3bn AUM, whose clients include large retirement funds, HNW individuals and retail investors; The capital will be used to support a capital expenditure program and also support future investments for its third property fund, L1 U.K. Residential Property Fund III that […]
Real Estate
OakNorth Bank completes £5.6m loan to convert vacant pub and hotel in Charlton into a new mixed-use scheme with 60 studio apartments
The capital from OakNorth Bank will support the conversion of The Antigallican Hotel which closed in 2018 into a new mixed-use scheme, comprising of 60 studio apartments as well as a ground floor café; The project is being led by the experienced team behind Dandi, the property business which has significantly grown its unit portfolio […]
Real Estate
OakNorth Bank increases facility to RAW Mortgage Fund, the Guernsey-based buy-to-let mortgage lender, from £20m to £40m
Founded in May 2015, the Fund has completed over 350 loans and has consistently delivered positive returns for investors since launch; Loans are originated, serviced and actively managed by RAW Capital Partners, a Guernsey based investment manager; OakNorth Bank completed a £20m Revolving Credit Facility with the Fund in 2019. The increased facility takes the […]
Real Estate
OakNorth Bank completes £8.5m loan to support mixed-use development consisting of over 40 residential units and office space in Lewisham
With Deptford and New Cross undergoing a major regeneration project, this development will play a part in the regeneration of this community, bringing vital new homes and jobs to the area; The project is being led by the team behind Morphuse Group who have over 50 years of real estate experience between them; Brotherton Real […]
Real Estate
OakNorth Bank completes £6m facility to redevelop the Chalk Lane Hotel into new major luxury residential scheme in Surrey
The capital from OakNorth Bank will help with the conversion of the Chalk Lane Hotel into a new 21-unit luxury residential scheme in Epsom; The Chalk Lane Residences scheme will consist of one to four-bedroom apartments, offering residents car and cycle parking, as well as private and communal gardens; Located within one of Epsom’s most […]
Real Estate
OakNorth Bank completes £4.9m CBILS loan to North Yorkshire-based property developer for new rural housing development in Harrogate
The capital from OakNorth Bank will be used to complete a new residential scheme consisting of nine luxury houses in South Stainley, Harrogate; from Leeds and York; The neighbouring area of Ryedale in North Yorkshire is England’s most popular countryside location, so it’s perhaps unsurprising that eight of the nine Church Farm South Stainley Developments […]