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OakNorth has completed its largest transaction to date β a Β£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 […]
OakNorth has completed a Β£9.4m loan to the 50:50 joint venture between Galliard Homes and Apsley House Capital; The developers hope to use the finance to convert a 92,472 sq.ft. site in the Jewellery Quarter into a major new residential development with approximately 500 new homes; Birminghamβs population is expected to rise by 171,000 to […]
OakNorth has completed a Β£40.2m loan to Select Property, the Manchester-based property development and investment company with a global investor base covering 180 countries; The finance will be used for the developerβs newest brand β Origin Homes β and will consist of two multi-storey residential towers in the heart of Manchester; The majority of units […]
With Bairdβs support, Collingwood Lighting hopes to expand its international footprint and increase its market penetration in Europe; This is one several deals OakNorth has done with private equity firms this year, including with Lonsdale Capital to acquire Simmons Bars, and Literacy Capital to purchase a significant minority stake in Dartmouth Partners. Β OakNorth β […]
OakNorth has lent Β£12m to Barry Howard Homes (BHH) β the property development company, headquartered in Northampton; The facility will be used to purchase a 12-acre piece of land located in Northampton and develop 139 residential units on it; Heylo Housing, the affordable housing property company, has agreed to purchase 83 units under HCAβs Shared […]
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]