The OakNorth newsroom
Stay in the know about our latest partnerships, customer success stories and all other things OakNorth.
For press enquiries, get in touch at [email protected]
Stay in the know about our latest partnerships, customer success stories and all other things OakNorth.
For press enquiries, get in touch at [email protected]
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OakNorth has completed a £20.7m loan to Fortis Group, one of the UK’s fastest growing development companies; The finance will be used to develop hundreds of new homes in Manchester – minutes from Salford Central station – as well as two retail units; All the units have already been pre-sold to individual buyers; Manchester is […]
OakNorth has provided a £25m facility to ICG-Longbow Senior Secured UK Property Debt Investments Limited (LBOW) – the London Stock Exchange-listed fund specialising in first mortgage property investment loans secured against UK commercial real estate; LBOW has a market capitalisation in excess of £125m. LBOW’s Investment Adviser, ICG-Longbow, is the real estate division of Intermediate […]
Martin Stewart will join fellow advisory board members, Lord (Adair) Turner, Lord (Francis) Maude, and Nick Lee who was formerly the Head of New Banks at the Bank of England; Martin’s experience will help ensure we can continue building on this positive impact and supporting the SME community, despite potentially challenging economic conditions in the […]
Mabec will use the finance from OakNorth to develop two major student accommodation sites – one in Nottingham and one in Sheffield; The site in Sheffield will be developed at the former Sheffield Star Building which was home of the iconic local newspaper for several decades. The building will have 259 student bedrooms; In Nottingham, […]
OakNorth has completed its largest transaction to date – a £42m deal with Red Oak Taverns, the nationwide pub operator; The finance will be used to refinance existing debt and provide Red Oak Taverns with stand-by financing for future acquisitions; Founded in 2011, the business has successfully completed two acquisitions – one in December 2011 […]
Kexgill will use the finance from OakNorth for the acquisition and refurbishment of 91 houses which will provide 436 students with accommodation; Kexgill already owns and operates 100 houses (around 500 bedrooms) at the university which have been 95% forward let for the 2018/19 academic year; Demand for student housing in Hull is approx. 7,000 […]
Stay in the know about our latest partnerships, customer success stories and all other things OakNorth.
For press enquiries, get in touch at [email protected]
