Real Estate

Real Estate

Award-winning design house, Fusion Residential, takes out Β£9m loan with OakNorth Bank to fund iconic residential development in Radlett

Sunday July 8th, 2018

OakNorth has completed a Β£9.1m loan to Fusion Residential – 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 […]

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Real Estate

OakNorth Bank completes Β£21m loan to Strawberry Star for major new mixed-use development in Wandsworth

Wednesday July 4th, 2018

OakNorth has lent Β£21m to Strawberry Star – 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 […]

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Real Estate

OakNorth Bank completes Β£21m loan to Strawberry Star for major new mixed-use development in Wandsworth

Sunday June 10th, 2018

OakNorth has lent Β£21m to Strawberry Star – 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 […]

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Real Estate

Pocket Living to submit planning permission for 153 affordable homes in Croydon with the help of loan from OakNorth Bank

Thursday June 7th, 2018

  OakNorth, has completed a Β£4m loan to innovative housing developer Pocket Living– 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 […]

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Real Estate

OakNorth Bank lends Β£2m to Warwick Estates to assist with the property manager’s β€˜buy and build’ strategy Β 

Friday January 19th, 2018

OakNorth has lent Β£2m to Warwick Estates – the established property management business which manages over 850 sites, encompassing 27,500 units; The debt finance will assist the company in its β€˜buy and build’ strategy as it looks to acquire other property management businesses and develop as a market leader in a fragmented market; Warwick Estates […]

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Real Estate

OakNorth Bank completes Β£22m loan to Newby for a major new residential scheme in York

Thursday January 11th, 2018

OakNorth has lent Β£22m to Newby – 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 […]

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