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OakNorth increases support for Third Space with £75m leveraged finance loan – its largest to date – to fund future club expansion
The deal follows OakNorth’s original £38.5m co-lend in June 2023, reaffirming its long-term partnership with Third Space and confidence in the group’s strong growth trajectory and operational delivery; Third Space has grown to 13 high-end clubs across London, with the very successful recent openings demonstrating the group’s disciplined expansion strategy, and the underlying latent demand […]
Aya New York to acquire and renovate Midtown’s Cassa Hotel, following $45m loan from OakNorth
Founded in 2009 by Amir Shriki, Aya New York specializes in managing multifamily real estate assets across New York City; Aya New York, has completed over $4.5bn worth of real estate transactions since launch; The $45m loan from OakNorth will be used to acquire and renovate the 166-key, Cassa Hotel, located at 70 West, 45th […]
Honest Burgers looks to accelerate its 2030 growth plan, and expand its quick service restaurant format, following debt refinancing from OakNorth
Founded in 2011, Honest Burgers has grown into one of the UK’s most respected premium burger brands, with 39 sites across the country; Its vertically integrated “farm-to-fork” sourcing, everything homemade model, and value-led price point, have enabled it to build a loyal customer following; It has recently opened its first “Smash + Grab” concept, a […]
OakNorth completes £12m funding to Whittard of Chelsea to support the British heritage brand’s ongoing growth plans
With over 139 years of heritage, Whittard of Chelsea is a luxury British brand that sources and sells the highest quality tea, coffee, and hot chocolate from around the world, together with everything that enriches the experience of consuming them; The business operates over 40 stores across the UK, including its flagship location in Covent […]
OakNorth provides $22m loan to support the expansion of Inness, the 220-acre upstate New York luxury getaway
Developed by Taavo Somer, Michael Barry, Lee Pollock, CBSK and Post Company, the Hotel first opened in Fall 2021; Situated in the town of Accord in New York’s Hudson Valley, Inness is home to a 40-key hotel, restaurant, member’s club, golf course, and an abundance of leisure activities; The $22m loan from OakNorth will be […]
Boutique property developer, Countrylarge, to develop new aparthotel in central Harrogate, following £3.6m loan from OakNorth
Founded in 2007 by Timothy Smith, Countrylarge specialises in residential, student hospitality and mixed-use schemes across Yorkshire and the North of England; Headquartered in Harrogate, the boutique property developer has delivered over £250m of exceptional quality developments to date; The £3.6m loan from OakNorth will support the development of a new 17-key, Beyond Aparthotels operated, […]
