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Californian-based investment firm, Faes & Co. to expand US real estate bridging finance business, following loan from OakNorth
SANTA MONICA, California – Faes & Co., an investment firm led by former LendInvest plc founder Christian Faes, has received a loan from OakNorth, the digital bank for entrepreneurs, by entrepreneurs, to expand its US real estate bridging finance business. Faes & Co. is an investment firm that actively builds and invests in technology-enabled direct […]
Commercial property investor and developer, The Harkalm Group, to acquire eight nurseries across the UK, following £2.1m loan from OakNorth
Led by CEO, Adam Harvey, The Harkalm Group, specialises in the retail, convenience, roadside and education sectors; Completing over 150 transactions in the last five years, the group has successfully invested over £400m to date, including over £30m in the UK’s early years sector; The £2.1m loan from OakNorth will support the acquisition of eight […]
OakNorth celebrates five-year anniversary of having dedicated lending team in the Midlands
To date, OakNorth has completed over £675m of loans to Midlands-based businesses across multiple industry sectors; Some of the businesses it’s supported in the region include: MPS Care Group, Beaufort Wealth Management, Bruntwood SciTech, and Rose & Co Developments; The digital bank continues to grow its Birmingham based team, hiring Ian Fairclough as a Director […]
OakNorth provides £50m of new funding to leading entrepreneurial private equity real estate investor, Paloma Capital
Founded in 2015 by Joe Froud and Jack Pitman, Paloma Capital is a leading entrepreneurial private equity real estate investor; Paloma has raised over £520m of wholly discretionary capital in three value-add funds since its launch; The £50m of new funding from OakNorth, split across two separate transactions, will be deployed within the firm’s Paloma […]
OakNorth partners with Sustainable Ventures to support the growth of sustainable businesses across the UK
London, UK – Friday 17th January, 2025 – OakNorth, the digital bank for entrepreneurs, by entrepreneurs, and Sustainable Ventures, the UK’s leading hub for climate tech businesses, today announced a strategic partnership to provide tailored lending and business banking services to scaling sustainable businesses. OakNorth has a proven track record of supporting pioneering businesses in […]
OakNorth completes £1.4m loan to support the acquisition and redevelopment of a vacant residential and office building in Fitzrovia
The borrowing entity, 52 Tottenham St, Fitzrovia Ltd, is owned and led by Parag Sawheny, Founder and Managing Partner of Penn South Capital, and Yoni Karako, Founder and Principal of Courtier Capital and Co-founder and former CEO of Vonder; The £1.4m loan from OakNorth will be used to acquire and redevelop a four-storey site into […]
