OakNorth has completed a £20.7m loan to Fortis Group, one of the UK’s fastest growing development companies; The finance will be used to develop hundreds of new homes in Manchester – minutes from Salford Central station – as well as two retail units; All the units have already been pre-sold to individual buyers; Manchester is […]
Mabec will use the finance from OakNorth to develop two major student accommodation sites – one in Nottingham and one in Sheffield; The site in Sheffield will be developed at the former Sheffield Star Building which was home of the iconic local newspaper for several decades. The building will have 259 student bedrooms; In Nottingham, […]
Kexgill will use the finance from OakNorth for the acquisition and refurbishment of 91 houses which will provide 436 students with accommodation; Kexgill already owns and operates 100 houses (around 500 bedrooms) at the university which have been 95% forward let for the 2018/19 academic year; Demand for student housing in Hull is approx. 7,000 […]
OakNorth has completed a £9.4m loan to the 50:50 joint venture between Galliard Homes and Apsley House Capital; The developers hope to use the finance to convert a 92,472 sq.ft. site in the Jewellery Quarter into a major new residential development with approximately 500 new homes; Birmingham’s population is expected to rise by 171,000 to […]
OakNorth has completed a £40.2m loan to Select Property, the Manchester-based property development and investment company with a global investor base covering 180 countries; The finance will be used for the developer’s newest brand – Origin Homes – and will consist of two multi-storey residential towers in the heart of Manchester; The majority of units […]
OakNorth has lent £12m to Barry Howard Homes (BHH) – the property development company, headquartered in Northampton; The facility will be used to purchase a 12-acre piece of land located in Northampton and develop 139 residential units on it; Heylo Housing, the affordable housing property company, has agreed to purchase 83 units under HCA’s Shared […]