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OakNorth Bank provides £50M loan to support Brigid Investments in financing McCarthy Stone’s UK retirement living rental portfolio
Brigid Investments Limited (Brigid Investments) is a special purpose vehicle formed by John Laing and Macquarie Capital who are both 50 per cent shareholders; The newly built and fully occupied rental units will continue to be operated by McCarthy Stone, the leading developer and manager of retirement living communities in the UK; The capital will […]
OakNorth Bank to advance the £5m required to complete Side by Side’s new school building
Side by Side is a special needs school and integrated nursery catering to children between the ages of two and 19; In addition to the school and nursery, Side by Side also offers therapy sessions, an afterschool club, extra-curricular activities, and Kodesh (Jewish Studies); The development bridge from OakNorth Bank will be used to assist […]
ASK and OakNorth Bank fund first transaction of FORE and Amicala’s £300m JV to develop ultra-sustainable extra care later living community in Bristol
Real estate funding specialist ASK Partners, “ASK,” and OakNorth Bank, the UK bank for entrepreneurs, by entrepreneurs, have provided a combined senior loan facility to support the first acquisition of a new partnership between FORE Partnership and Amicala, that intends to develop up to £300m worth of ultra-sustainable net-zero extra care later living schemes. The […]
OakNorth Bank provides £2.7M loan to Scarborough Group International for the development of a new Stadium at Sheffield Olympic Legacy Park
Founded by the McCabe family in 1980, Scarborough Group International has grown from a UK-based real estate developer and investor into a global organisation with a development pipeline GDV of c.£2.5B; Funded by OakNorth Bank, the new stadium will include covered stand along incorporating commercial space and ancillary facilities. The project is part of the […]
OakNorth Bank provides £5.5M loan to Thai Square Hotels as the business seeks to expand its portfolio in London
Thai Square Hotels is part of Rossmoregate Group, which is known for its chain of restaurants, Thai Square; The capital from OakNorth Bank will refinance an existing loan on a 4-star hotel within Thai Square’s portfolio, Hotel Indigo London – Tower Hill, which is managed by IHG; It will also support Thai Square Hotels’ future […]
OakNorth Bank provides £5M working capital facility to Bristol-based, Lyons Davidson Solicitors, ahead of new personal injury reform coming into effect
Founded in 1972, Lyons Davidson is a large-scale provider of legal services to the end customers of some of the UK’s largest insurance operators; New government reform of personal injury claims comes in to effect at the end of this month which will likely lead to more consolidation in the market; The loan from OakNorth […]
