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OakNorth Bank completes £760k loan to Nightingale Healthcare Group to support the acquisition of a domiciliary care business
Since 2006, the domiciliary care business has provided care-at-home with a focus on the local BAME (Black, Asian and Minority ethnic) community, in particular Hindus, Sikhs and Muslims; Care is delivered by staff who can speak the same languages and cook appropriate meals whilst understanding sensitive cultural and religious requirements and needs; The acquirer, Nightingale […]
OakNorth Bank lends £3.8M to acquire and refurbish the third hotel from The Signet Collection, Barnsdale Lodge Hotel, in Oakham, Rutland
Founded in early 2020 by seasoned hotelier Hector Ross, The Signet Collection is a visionary British hospitality brand that creates extraordinary boutique hotels in memorable locations; The capital from OakNorth Bank was used to acquire Barnsdale Lodge Hotel in Oakham, and aid refurbishment and upgrade it to a 4-star Signet-branded spa resort; Situated on a […]
OakNorth Bank completes £1.4M loan to Newcastle-based, automotive manufacturing business, Clavis IDS, to support future growth
Clavis has been providing engineering solutions to a wide range of sectors for over 40 years and supplies its products to 45 countries worldwide; Its top-10 customers include leading automobile manufacturers such as Ford, BMW, Ducati, and Volvo; The business completed a management buyout in 2018. The capital from OakNorth Bank will refinance the debt […]
OakNorth Bank provides £900K loan to redevelop a major mixed-use scheme in Rock, Cornwall
The loan is to experienced property developer, SWPG Rock Limited, which is owned and managed by married couple, Duncan Lloyd-Jones and Carly Lloyd-Jones; The capital will be used to redevelop an existing major mixed-use scheme, consisting of three residential units, four commercial units and five garages; Located in the admired Cornish coastal village of Rock, […]
OakNorth Bank completes £40M loan to Certified B-Corporation, Newcore Capital Management, to support the growth of its social infrastructure fund
Newcore Capital Management is a UK social infrastructure real estate investment manager with £350m of assets under management; The capital from OakNorth Bank will support the growth of Newcore Strategic Situations Fund V, Newcore’s value add social infrastructure fund; Social infrastructure real estate is integral to the functioning of society and supports the quality […]
OakNorth Bank provides £35.6M loan to Bruntwood SciTech to acquire and redevelop Glasgow’s Met Tower, the city’s new tech and digital hub
Bruntwood SciTech, a joint venture between investor and developer Bruntwood and Legal & General, is the UK’s leading property and innovation services provider dedicated to driving the growth of the science and technology sector; The capital from OakNorth Bank will support the acquisition and redevelopment of Glasgow’s Met Tower, a 14-storey office building in the […]
