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OakNorth Bank completes £15m refinancing to returning customer and ‘compact luxury’ hotel chain, Z Hotels, to support future growth
Founded by Bev King, Z Hotels launched its ‘compact luxury’ accommodation model in London with the opening of Z Soho in 2011; Since then, the hotel chain has experienced continued success with 14 sites now operational across London, Liverpool, Bath, and Glasgow; OakNorth initially provided bespoke funding to the group in 2018 to support new […]
OakNorth Bank lends £37m to Somerset-headquartered independent self-storage provider, UK Storage Company, to support a buyout
Founded in 2005 by Keith and Cathy Taylor, UK Storage Company is one of the UK’s largest independent self-storage providers; Following the opening of its first sites in Bridgwater and Taunton, Somerset, the business now operates 28 stores, totalling over 880k sq. ft of storage space across England; The £37m loan from OakNorth complements an […]
OakNorth Bank and ASK co-lend £62m to leading investment firm for 133 apartments in new Canary Wharf tower
OakNorth Bank, the UK bank for entrepreneurs, by entrepreneurs and real estate funding specialist, ASK Partners (“ASK”) have provided a 36-month, £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 […]
Manchester-based consumer debt advice provider, MoneyPlus, to accelerate growth following a significant loan upsize from OakNorth Bank
Founded in 2010, MoneyPlus provides debt advice to individuals struggling with their finances, as well as legal services, to help people live better lives; Headquartered in Manchester, the business is now one of the UK’s largest providers of consumer debt advice and planning, representing tens of thousands of people each year; OakNorth initially provided […]
OakNorth Bank completes bespoke funding framework with the UK’s leading specialist care home developer, LNT Care Developments, to develop up to eight new carbon-zero care homes
Founded by Lawrence Tomlinson in 1988, LNT is the UK’s leading developer of purpose-built residential care homes; Headquartered in Garforth, West Yorkshire, the business has developed over 200 sites across the UK, providing more than 12,500 beds since launch; Led by a dynamic and progressive management team, LNT is pioneering a new generation of carbon-zero […]
OneMedical Property to grow its UK-wide portfolio of medical centres following a £30m facility from OakNorth Bank
Founded in 2004 by Rachel Beverley-Stevenson and her father Michael Beverley, OneMedical Property develops, owns, and invests in NHS occupied healthcare premises across the UK; The capital from OakNorth Bank will be used to initially develop three new medical centres in Northwest London, Essex, and Wigan; The remainder of the capital will be used […]
