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The financing will support capital improvements, tenant enhancements, and leasing costs at a major suburban office property in New Jersey; The office asset is occupied by a diverse mix of corporate, professional services, government, and institutional tenants, providing a broad and stable tenancy base; The transaction was brokered by United Commercial Group. NYC, US, 18 […]
Founded in 2015, ECA Developers is a leading development and construction firm focused on sustainable and energy efficient mixed-income and mixed-use projects and sports entertainment warehouses; The firm combines in-house development, design, and construction capabilities and works through strategic partnerships with landowners, lenders, and public agencies; The $21m loan from OakNorth and Oak Funding will […]
Founded in 2008, the borrower specializes in short-term bridge financing and commercial real estate debt solutions; Having lent over $1bn across c.500 transactions to date, the firm’s expertise allows it to quickly and efficiently source, analyze, underwrite and execute new debt opportunities; OakNorth provided a $50m debt financing package, alongside $50m each from Customers Bank […]
The $25.5m loan from OakNorth will support the ground-up development of a Class A 11-storey, multifamily scheme in Brooklyn, NY; Offering 87-units and 4.5k sq. ft of ground floor retail space, the site is located in the popular East New York submarket and benefits from strong transit connectivity; The development will include a mix of […]
The newly constructed, purpose-built community, Bridgewater by Legacy Retirement, comprises 142 units across independent living, assisted living, and memory care; The facility is located in Castle Rock, Colorado — one of the fastest growing suburban communities between Denver and Colorado Springs; Demand for senior housing continues to rise, with the 75+ population in the local […]
Bravo Property Trust is a leading, privately held financing platform with a national footprint, which, along with its affiliates, has closed over $2bn in financing to date; The $42m loan will be used to refinance existing debt and support financing costs of two Class A, assisted living facilities in Taylor, Michigan and Chesapeake, Virginia; The […]
Stay in the know about our latest partnerships, customer success stories and all other things OakNorth.
For press enquiries, get in touch at press@oaknorth.com