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 […]
OakNorth has completed a £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 […]
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 […]