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CBRE arranges £42m debt facility from OakNorth Bank for the development of a new retirement village in the South East
The borrower is a vertically integrated retirement living investor, developer and operator, catering to the unmet demand within the growing UK elderly population; The business is one of a growing number backed by Private Equity or Institutional Capital. OakNorth Bank – the UK bank powered by OakNorth – has completed a £42m loan to a […]
OakNorth Bank completes £6m facility to redevelop the Chalk Lane Hotel into new major luxury residential scheme in Surrey
The capital from OakNorth Bank will help with the conversion of the Chalk Lane Hotel into a new 21-unit luxury residential scheme in Epsom; The Chalk Lane Residences scheme will consist of one to four-bedroom apartments, offering residents car and cycle parking, as well as private and communal gardens; Located within one of Epsom’s most […]
OakNorth Bank completes loan to Birmingham-based Macc Care for the development of a new major care home in Solihull
OakNorth Bank has completed a transaction with Macc Care, the West Midlands care home operator with nine care homes across Birmingham and the West Midlands; The capital will be used to develop a new care home in Blythe Valley Park, a mixed-use business and leisure development on the edge of Solihull; The c.55,000 sq.ft. development […]
OakNorth Bank completes £4.9m CBILS loan to North Yorkshire-based property developer for new rural housing development in Harrogate
The capital from OakNorth Bank will be used to complete a new residential scheme consisting of nine luxury houses in South Stainley, Harrogate; from Leeds and York; The neighbouring area of Ryedale in North Yorkshire is England’s most popular countryside location, so it’s perhaps unsurprising that eight of the nine Church Farm South Stainley Developments […]
OakNorth Bank completes £1.1m loan to Northumberland-based Birchdove Homes
The loan from OakNorth Bank will be used to refinance existing debt on a residential development located in the affluent market town of Hexham, Northumberland; The development consists of eight houses – three of which have already been sold and another three which are reserved; The surrounding area is characterized by a mixture of residential […]
OakNorth Bank completes £6m property development facility with Redsky Homes for new mixed-use scheme in Ealing
The capital will be used to fund the development of 22 residential units and commercial units in the London Borough of Ealing; The team at Redsky Homes has successfully completed several mixed-use schemes in and around London, including in Farnham Common, Slough and High Wycombe; Zoopla’s latest monthly House Price Index has revealed that annual […]
