Faes & Co gets OakNorth funding for US bridge finance business
Faes & Co has received a loan from OakNorth to expand its US real estate bridging business.
The Californian-based investment firm is led by former LendInvest founder Christian Faes. It manages the Faes & Co Income Fund – a private credit fund for accredited investors that invests alongside the firm’s institutional investors, in loans originated by its platform.
In early 2023 the company launched F2 Finance, which focuses on providing real estate bridging finance to property entrepreneurs. It now lends across 13 states in the US, including California, Texas and Florida. The OakNorth financing will allow F2 Finance to expand its activities in this sector.
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