Real Estate Lender EquityMultiple Provided Acquisition Financing For New Site Following Loan From OakNorth Bank
OakNorth, the digital bank for entrepreneurs, has provided an $21m note-on-note facility to New York-based real estate investment firm and lender, EquityMultiple. Co-founded in 2015 by Charles Clinton and Marious Sjulsen, the firm specializes in building investor wealth “through streamlined access to diverse real estate investment products.” With total distributions equaling “over $480m, EquityMultiple blends crowdfunding with a more traditional real estate investment approach.” The launch of the EM Ascent Income Fund, EquityMultiple’s dedicated private credit fund, has “helped solidify the firm’s reputation as a private lender in the real...


