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Construction begins on Bike & Boot property
UK: The former Mount Hotel in Scarborough will be home to the first Bike & Boot hotel - a “modern leisure” concept with “funky interiors” by Simon Rhatigan and Simon Kershaw.
OakNorth Bank lends £9m to Nine Group for Gatwick Airport hotel
UK: Nine Hotel Group will convert the old Menzies Chequers Hotel close to Gatwick Airport into a new 131-bedroom Marriott-branded hotel.
House of Gods to become UK-wide brand
Scotland: Brothers Mike and Ross Baxter have secured £1.1 million financing for House of Gods with plans to expand across the UK.
OakNorth acquires Grade II listed Fulham Town Hall
UK: BBS Capital has arranged a loan with OakNorth, for private family office Ziser London, to acquire the landmark Fulham Town Hall
Scarborough hotel sold to leisure brand
UK: Christie & Co has completed on the sale of The Mount Hotel in Scarborough to Bike & Boot Inns, a new brand founded by Simon Rhatigan and Simon Kershaw.
Inn Collection Group plans to expand portfolio
UK: OakNorth, the bank for entrepreneurs, by entrepreneurs, has provided The Inn Collection Group with £10m to fund their expansion.
OakNorth enables Z Hotels to develop a new 123-bedroom hotel in Trafalgar Square (1)
UK: OakNorth has completed a transaction with Z Hotels, one of the UK’s top hotel operators, to develop a new hotel in Trafalgar Square.
OakNorth completes deal with The Inn Collection Group
UK: Challenger bank OakNorth has The Inn Collection Group with a funding package to support its expansion.