The finance will be used to develop a mixed-use scheme in Dollis Hill comprising of 113 residential units (including 24 affordable homes) and over 6,300 sq.ft. of commercial space; The area is famed for its rich history with the British Post Office Research Station which was the home of technological breakthroughs such as Ernie and […]
OakNorth and ASK Partners have provided a combined facility of over £50m. OakNorth’s contribution makes it the lender’s largest transaction since it launched in 2015; Groveworld, the experienced developer and planning specialist, will seek to obtain planning permission for a major mixed-use scheme which is likely to deliver a significant amount of new homes, including […]
OakNorth has lent £40m to Earlsriver Ltd – a joint venture between experienced property developers, Chris Mason and Raj Sond, and Orlandis Capital; RS Property Finance provided a further £4.4m of debt, whilst Orlandis has invested £16m of equity – totalling £60m; The capital will be used to develop 129 homes (including 24 affordable units) […]
OakNorth has completed an £8.6m loan to the 50:50 joint venture between Galliard Homes and Apsley House Capital; The developers hope to use the finance to convert a vacant 254,400 sq.ft. site into a major new mixed-use development; Birmingham needs to develop over 4,000 new homes a year to keep up with demand, but is […]
OakNorth, has completed a £2m loan to Pocket Living to boost the number of affordable homes in London; Pocket Living works with over half of London Boroughs and is set to deliver over 1,000 affordable homes over the next three years; According to a Strategic Housing Market Assessment, London needs approx. 66,000 new homes to […]
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 […]