Lender OakNorth has provided a £16.75m loan to Capital Developments Group, a private property development and investment company.
Capital Developments Group expanded in 2020 and is run by Colin and Jordon Foux. The firm specialises in acquiring residential and commercial property across London and the Home Counties, with a focus on unlocking sites with complex planning and technical issues.
The £16.75m structured debt facility will be used to back further expansion, securing both value-add and investment opportunities.
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