OakNorth has lent £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 £4.9m of debt, bringing the total loan amount to almost £26m and the GDV to over £46m; The loan will be used to purchase a site […]
OakNorth has lent £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 £4.9m of debt, bringing the total loan amount to almost £26m and the GDV to over £46m; The loan will be used to purchase a site […]
OakNorth, has completed a £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 […]
OakNorth has lent £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 ‘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 […]
OakNorth has lent £22m to Newby – the mix use property developer with a potential portfolio of over £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 £40m and construction is due […]