Real Estate

Real Estate

SME housebuilder, Blueprint Property Group, to develop new residential scheme in Essex following Β£11m loan from OakNorth

Monday October 23rd, 2023

Founded 2009 by Alan Perry, Blueprint Property Group specialises in residential development, sales, and lettings, as well as land acquisitions and disposals; Headquartered in Brentwood, Essex, the group has completed numerous residential schemes across the county, ranging from one-bedroomed flats to detached homes; The Β£11m bespoke loan from OakNorth will be used to develop 15 […]

Read more

Real Estate

OakNorth Bank completes tailored loan facility to MRW Group to support its IFA buy-and-build strategy, with three initial acquisitions

Tuesday October 17th, 2023

Emet Financial Services (Emet), Merlin Wealth Planning (Merlin) and Mayfayre Financial Services (Mayfayre) will merge under MRW Group; The Group provides independent financial advice to over 1,500 clients, with over Β£150 million assets under management; The loan facility will be used to support the Group’s ambitious buy-and-build strategy, including further acquisitions expected this year. OakNorth,Β the […]

Read more

Real Estate

OakNorth completes Β£16.75m loan to family-run Capital Developments Group to support future growth

Tuesday October 3rd, 2023

Privately owned property development and investment company, Capital Developments Group expanded in 2020 and is run by Colin and Jordon Foux; With over 40 years of experience within the property industry, the firm specialises in acquiring residential and commercial property across London and the Home Counties; The Β£16.75m loan from OakNorth will be used to […]

Read more

Real Estate

OakNorth Bank completes Β£45m capital call facility for private equity real estate investor, Paloma Capital

Monday September 18th, 2023

Founded in 2015 by Joe Froud and Jack Pitman, Paloma Capital is a leading entrepreneurial private equity real estate investor; The firm has raised a total of c.Β£440m of wholly discretionary capital in three value-add funds since 2015, mainly from institutional investors in the UK, Europe and the Middle East; It has raised Β£120m out […]

Read more

Real Estate

Saxon Trust secures new Β£35m funding line from OakNorth

Tuesday September 12th, 2023

Saxon Trust, the London based specialist bridging and development lender, has significantly expanded its funding capability with a new Β£35m funding facility from OakNorth, the neobank for entrepreneurs, by entrepreneurs. As traditional lenders increasingly pull back from the mid-market space, Saxon Trust believe this additional wholesale funding will enable them to capture additional market share. […]

Read more

Real Estate

OakNorth Bank and ASK co-lend Β£62m to leading investment firm for 133 apartments in new Canary Wharf tower

Wednesday June 21st, 2023

OakNorth Bank, the UK bank for entrepreneurs, by entrepreneurs and real estate funding specialist, ASK Partners (β€œASK”) have provided a 36-month, Β£62m senior loan to a leading global alternative investment firm, secured against 133 apartments in a recently completed new-build, 53-storey residential tower in Canary Wharf, London. The acquired apartments are part of the 182 […]

Read more