Deals

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided $17.1m in loans and committed facilities to LegacyMD, LLC. The funds will support the creation of the LegacyMD concierge healthcare platform, including the reorganization of Priority Physicians, the acquisition of Health Bridge, and the buildout of two new flagship offices in Fishers, Indiana and Long […]

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided a $33.2m loan to support the ground-up development of two Class A multifamily residential schemes in Brooklyn’s East New York. The projects, led by New York developer and contractor Empire Management & Construction, will deliver a mix of new market-rate and affordable homes, alongside ground-floor […]

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, together with Oak Funding, has provided a $9.1m co-loan to returning customer GoodHomes Communities. The financing refinances OakNorth’s original hotel-conversion facility for The Louie — a 135-unit multifamily community in Burlington, North Carolina — into a bridge loan, allowing the asset to season and stabilise ahead of […]

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, together with real estate lending platform Oak Funding, has provided a $21m co-loan to ECA Developers. The financing will support the ground-up development of a six-story, Class A multifamily building in Orange, New Jersey, comprising 78 residential units. Located at 617 Scotland Road, the development will deliver […]

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided a $21.5m loan to a joint venture between RJ Castle Rock Investments LLC and Western States Lodging and Management. The funds will support the acquisition of Bridgewater by Legacy Retirement, a newly constructed, Class A senior living community in Castle Rock, Colorado. Situated on a […]

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, together with financing platform Bravo Property Trust, has provided a $42m loan to refinance existing debt and support the financing costs of two Class A assisted living and memory care facilities in Taylor, Michigan and Chesapeake, Virginia. The two purpose-built communities together provide 177 licensed beds across […]

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, together with New Jersey-based real estate lending platform Oak Funding, has completed a $78m co-loan to Bushburg. The financing supported the acquisition of 100 William Street, a 21-storey office building in Manhattan’s Financial District, and funds pre-development works ahead of its planned office-to-residential conversion. Originated by Oak […]

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided a $4.9m loan to support Top Quality Management in refinancing existing debt on a fully renovated, four-storey multifamily asset in Greenpoint, Brooklyn, New York. Located at 150 Calyer Street, the eight-unit asset was originally built in 1894 and has recently undergone extensive renovation, transforming it […]