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Oak Funding originates $78 million co-loan with OakNorth to support Bushburg’s acquisition and conversion of 100 William Street
Bushburg is a vertically integrated real estate investment, development and management firm investing in transformative and opportunistic projects; With approximately $4.0 billion of assets under management (AUM), the firm focuses on unlocking long-term value by transforming underutilised assets and repositioning them for their highest and best use in today’s market; The $78m co-loan was used […]
OakNorth provides £8.3m loan for major development of Dargavel Village retirement apartments in Renfrewshire, Scotland
OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided a £8.3m loan to Chrysalis Homes Limited for a major new retirement development in Renfrewshire, Scotland.
Good REIT Ltd to develop major new purpose-built bus depot at Scarborough Business Park, following £4.1m loan from OakNorth
Founded in 2015 and headquartered in Matlock, Derbyshire, Good REIT Ltd is a privately owned property developer and investor; The £4.1m loan from OakNorth will support the development of a new 139k sq. ft bus depot at the 85-acre Scarborough Business Park; Comprising of 80 parking bays, an ancillary workshop and large office space, the […]
OakNorth completes £8.3m loan to Aberdeen-based, property developer, Ardent Group, to support the development of new luxury holiday accommodation in Fife
Founded in 2001, Ardent Group is an Aberdeen-based property developer, specialising in the development of commercial and residential assets across Scotland and Ireland; The £8.3m loan from OakNorth will support the development of 21 new luxury holiday lodges on the outskirts of St Andrews, Fife; Located less than two miles from St Andrews, the site […]
OakNorth provides £25m loan to renewable energy company, EAG Bioenergy, to accelerate bioenergy asset acquisition strategy
Founded in 2019, EAG Bioenergy is a renewable energy company, specialising in acquiring, operating and developing bioenergy assets across the UK and Ireland; The company is backed by Vesper Infrastructure Partners and OrbeNovo Capital; The £25m loan from OakNorth will support the scaling of EAG Bioenergy’s portfolio of bioenergy assets across the UK and Ireland […]
