OakNorth Bank provides a bespoke loan for a purpose-built student accommodation development in Lincoln.
OakNorth Bank, the neobank for entrepreneurs, by entrepreneurs, has completed a bespoke loan to a joint venture between Harrison Street and Torsion Developments, for a purpose-built student accommodation (PBSA) development in Lincoln called, Pine Mill.
About Harrison Street: Harrison Street, one of the leading investment management firms that exclusively focuses on alternative real assets, has over $55 billion in assets under management and has invested in over 105,000 student beds throughout North America and Europe.
About Torsion Developments: Torsion Developments which was founded in 2015, specialises in student accommodation, care, residential, and housing. Its team has a combined experience of delivering over 16,000 beds across the UK, with a combined gross development value of c.£130 million.