Filter by
DAC Developments and Melrose Ascension Capital to develop a Class A 19-storey residential tower in Downtown Chicago, following $53m from OakNorth
DAC Developments is a Chicago-based real estate development company with a focus on multifamily residential and mixed-use ground up developments; Melrose Ascension Capital is a Chicago-based private equity real estate development and investment firm that is currently developing one million sq. ft of multifamily projects across the US; The £53m loan from OakNorth will support […]
OakNorth lends $20m to joint venture between Sabal Investment Holdings and 12 North Capital to support their acquisition of three purpose-built Class A memory care facilities
Founded in 2009, Sabal Investment Holdings is a real estate investment manager headquartered in Irvine, California and serving institutional investors across the U.S.; Headquartered in Los Angeles, 12 North Capital is a premier senior housing investment firm, dedicated to creating supportive communities for aging populations; The $20m loan will fund the acquisition of a non-performing […]
New York-based commercial real estate lender, EquityMultiple, provided acquisition financing for a Class A office-led site, following $21m note-on-note loan from OakNorth
Co-founded in 2015 by Charles Clinton and Marious Sjulsen, EquityMultiple is a New York-based real estate investment firm designed to build investor wealth through streamlined access to diverse real estate investment products; With total distributions equaling over $480m, the firm blends crowdfunding with a more traditional real estate investment and has expanded its reach in the real estate […]
OakNorth provides $26m note-on-note facility to SME Capital Ventures to support major new residential scheme in Chelsea, Manhattan
Founded in 2012, SME Capital Ventures is a New York-based private investment firm that manages capital for high-net-worth individuals and institutions; Since inception, the firm has maintained a detail-oriented approach to underwriting, using a combination of fundamental and technical analysis to identify discounted and deep-value acquisition opportunities; The $26m note-on-note loan from OakNorth will be used […]
Virginia-based real estate investor, Rooney Properties, to acquire Class A commercial office building in Arlington, following $15.5m loan from OakNorth
Established in 2013, Rooney Properties is a privately held real estate development company located in Arlington, Virginia; Its team have extensive experience underwriting, acquiring, entitling and developing commercial real estate across the Washington DC metro area; The $15.5m loan from OakNorth will be used to support the acquisition of a nine-story, 197k sq. ft Class […]
OakNorth surpasses $1bn in lending to US businesses since July 2023
OakNorth began lending in the US in July 2023, supporting both US lower mid-market businesses, as well as UK/US lower mid-market businesses with their expansion. New York, 02 May, 2025: OakNorth, the leading digital bank for entrepreneurs, by entrepreneurs, has surpassed $1bn of lending in the US since it began lending there in July 2023, […]