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Virginia-based real estate investor, Rooney Properties, to acquire Class A commercial office building in Arlington, following $15.5m loan from OakNorth
Established in 2013, Rooney Properties is a privately held real estate development company located in Arlington, Virginia; Its team have extensive experience underwriting, acquiring, entitling and developing commercial real estate across the Washington DC metro area; The $15.5m loan from OakNorth will be used to support the acquisition of a nine-story, 197k sq. ft Class […]
OakNorth provides £10.3m loan to support the development of an innovative new pod hostel and rooftop bar concept in Edinburgh
OakNorth has completed a transaction to fund the development of a 242-bed capsule hotel and rooftop bar in central Edinburgh; The project introduces the Tarka brand, blending upscale pod accommodation with a Japanese-inspired food and beverage (F&B) offering; The project is being led by hospitality entrepreneur James Scott supported by a team of highly experienced […]
Capilon Hotels Group to renovate The Edwin Hotel in Earls Court, following £13m 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; The £13m co-loan will be used to refinance existing debt and complete […]
OakNorth collaborates with OpenAI to strengthen its AI-led digital banking and deliver superior outcomes for lower middle-market businesses
OakNorth is targeting a significant increase in firmwide productivity gains in Q2 2025, with tribe-focused, functional-led and firmwide AI initiatives in play 7 May, 2025; OakNorth – the leading digital bank for entrepreneurs, by entrepreneurs, today announces a collaboration with OpenAI to further embed generative AI technologies across its business and unlock new levels of […]
OakNorth surpasses $1bn in lending to US businesses since July 2023
OakNorth began lending in the US in July 2023, supporting both US lower mid-market businesses, as well as UK/US lower mid-market businesses with their expansion. New York, 02 May, 2025: OakNorth, the leading digital bank for entrepreneurs, by entrepreneurs, has surpassed $1bn of lending in the US since it began lending there in July 2023, […]
OakNorth participates in club loan to Fortress and Lion Capital to support acquisition of Loungers, which plans to roll out 30 new sites a year
OakNorth – the leading bank for entrepreneurs, by entrepreneurs – has participated in a club loan to support Lion Capital and Fortress Investment Group’s Public to Private acquisition of Loungers, one of the UK’s fastest-growing all-day café-bar operators.
