OakNorth has completed a Β£9.1m loan to Fusion Residential β the design house behind some of the most ground-breaking projects across North London in recent years including The Collection in Finchley and Palazzo in Hadley Wood; The loan will be used to acquire and develop a new 10-apartment residential site in Radlett, Hertfordshire. OakNorth […]
OakNorth has lent Β£21m to Strawberry Star β the international property company established in 2007 by property mogul Santhosh Gowda; RM Secured Direct Lending PLC has provided a further Β£4.9m of debt, bringing the total loan amount to almost Β£26m and the GDV to over Β£46m; The loan will be used to purchase a site […]
OakNorth has lent Β£21m to Strawberry Star β the international property company established in 2007 by property mogul Santhosh Gowda; RM Secured Direct Lending PLC has provided a further Β£4.9m of debt, bringing the total loan amount to almost Β£26m and the GDV to over Β£46m; The loan will be used to purchase a site […]
OakNorth, has completed a Β£4m loan to innovative housing developer Pocket Livingβ who deliver well-designed, local and affordable homes for first-time buyers; Pocket has since secured an unconditional land deal to develop over 150 affordable homes in Central Croydon; To date Pocket Living has a future pipeline of 650 units and is working with […]
OakNorth has lent Β£2m to Warwick Estates β the established property management business which manages over 850 sites, encompassing 27,500 units; The debt finance will assist the company in its βbuy and buildβ strategy as it looks to acquire other property management businesses and develop as a market leader in a fragmented market; Warwick Estates […]
OakNorth has lent Β£22m to Newby β the mix use property developer with a potential portfolio of over Β£300m; The loan has been used to acquire a vacant office building in the centre of York with permitted development rights for a 77-unit scheme. The GDV of the proposed development is Β£40m and construction is due […]