OakNorth provides loan for supported living scheme

Greg Manson

OakNorth has provided a £2.3m loan to a joint venture between Kyte Property and Grosvenor Hill to develop a supported living scheme. Its loan will be used to acquire a former NHS health centre in Bedfordshire and convert it into 18 one-bedroomed flats. The site will offer indoor and outdoor communal areas. ‘Our ongoing relationship…

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