Maven Capital Partners has raised £6.26 million to fund Oak Meadows, a new-build family home development consisting of 61 homes in Middleton St George, Darlington, in conjunction with Calmont Homes.

The transaction includes a £1.76 million equity fundraise from Maven's co-investor network, Maven Investor Partners, alongside a £4.5 million debt facility from TOC Property Backed Lending Trust PLC, managed by Newcastle upon Tyne-based wealth management and property lending specialists, Tier One Capital. This is the second transaction in eight months that Maven and Tier One have successfully concluded.