Childcare & Education
OakNorth provides bespoke loan for major new purpose-built student accommodation development next to the University of Nottingham
The loan is to an SPV managed by OMNI Developments, an experienced Developer who specialises in student accommodation and high-end residential development; The capital will be used to develop a new six-storey, 222-bedroom purpose-built student accommodation (PBSA); Situated opposite the University of Nottingham’s Jubilee Campus, the site will offer a unique combination of large rooms […]
Real Estate
OakNorth and ASK complete £30.8m co-loan to Vabel as it acquires landmark second site on Queensway
Founded in 2009, Vabel has completed over 300 homes across London, ranging from one-off residences to new build multi-unit developments; The £30.8m co-loan from OakNorth and ASK will enable Vabel to acquire Queesnway Parade, an L-shaped property that runs across Queensway, Porchester Gardens, and Inverness Terrace. OakNorth – the digital bank for entrepreneurs by entrepreneurs, […]
Real Estate
OakNorth provides Kester Capital with loan facility to support its investment in world-leading architectural visualisation business, The Boundary
Founded in 2014, The Boundary has an international reputation for excellence in architectural visualisation and the built environment; It serves several of the world’s largest real estate developers from three offices across three continents; Kester Capital is a leading UK private equity investor, focused on the technology and healthcare sectors. OakNorth – the digital bank […]
Real Estate
Capilon Hotels Group in partnership with Prima Asset Management, acquires Paddington site to boost presence in London, following a £19.5m co-loan from OakNorth and ASK Partners
Founded in 2004, Capilon Hotels Group (“Capilon”) is a property development and management business focussing on central London hotels; To date, the group has operated and developed 11 hotels across London, including The Blandford Hotel in Marylebone and The Judd Hotel in Bloomsbury; Prima Asset Management (“Prima”) is a Singapore based private equity real estate […]
Real Estate
OakNorth provides £25m loan to fast-growing property lending firm, Blue Shield Capital, to fund new real estate bridging loans
Launched in 2020, Blue Shield is a property lending firm formed by a team of highly experienced UK investors and financial professionals; In 2023, international real estate conglomerate, the Wynn Group, became a major shareholder in Blue Shield Capital, enabling it to substantially grow its portfolio; The loan from OakNorth will enable Blue Shield Capital […]
Real Estate
Private equity-backed SME housebuilder, honey, to build over 250 additional new homes across Yorkshire following £12.2m of further funding from OakNorth
Founded in October 2022 by former Avant Homes CEO, Mark Mitchell, honey builds homes which combine style, substance and sustainability; The business is backed by private equity firm, Alchemy Partners, whose assets under management total over £2.2b; The £12.2m loan from OakNorth will be used to support two of honey’s new housing schemes in Huddersfield, […]