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OakNorth provides £77m loan to Staycity Group as aparthotel business looks to triple in size by 2029
Loan capital will support future growth as Staycity to expand to 18,000 keys by 2029; Increased consumer awareness, the rise of digital nomads, and the curb on Airbnb in some markets continues to drive demand for aparthotels. DUBLIN, 12 February 2025: OakNorth, the digital bank for entrepreneurs, has completed a £77m loan to Staycity Group, […]
OakNorth backs joint venture between O’Shea and Galliard, with £22.8m loan to fund holiday lodges at Saltmoore, the new coastal luxury wellness retreat on the North Yorkshire Coast
OakNorth backs joint venture between O’Shea and Galliard, with £22.8m loan to fund holiday lodges at Saltmoore, the new coastal luxury wellness retreat on the North Yorkshire Coast
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 […]
