CRE
OakNorth provides $60.7m note-on-note facility to S3 Capital to support the development of 68 new luxury condo in Brooklyn
Founded in 2013, S3 Capital is a New York-based lending platform and is the private lending arm of investment management company, Spruce Capital; Specializing in small balance loans under $20m and large balance loans up to $250m, the firm has successfully lent over $5b across c.600 transactions; The £60.7m note-on-note loan from OakNorth will be […]
CRE
Real estate investment firm, Module Five Capital, to accelerate growth of its lending platform, following $30m facility from OakNorth
OakNorth – the leading digital bank for entrepreneurs, by entrepreneurs, has provided a $30m note-on-note revolving credit facility to Module Five Capital, the New York-based real estate lending platform.
CRE
Aya New York to acquire and renovate Midtown’s Cassa Hotel, following $45m loan from OakNorth
Founded in 2009 by Amir Shriki, Aya New York specializes in managing multifamily real estate assets across New York City; Aya New York, has completed over $4.5bn worth of real estate transactions since launch; The $45m loan from OakNorth will be used to acquire and renovate the 166-key, Cassa Hotel, located at 70 West, 45th […]
CRE
OakNorth provides $22m loan to support the expansion of Inness, the 220-acre upstate New York luxury getaway
Developed by Taavo Somer, Michael Barry, Lee Pollock, CBSK and Post Company, the Hotel first opened in Fall 2021; Situated in the town of Accord in New York’s Hudson Valley, Inness is home to a 40-key hotel, restaurant, member’s club, golf course, and an abundance of leisure activities; The $22m loan from OakNorth will be […]