OakNorth loans Frogmore £26m to develop care home

Damien Hughes, OakNorth Bank senior property finance director

OakNorth Bank will loan £26.3m to real estate fund manager Frogmore to develop a 35-bed specialist dementia care home in Westminster, London. This is the second in a portfolio of four specialist care homes that Frogmore is developing alongside operator Loveday. The first, Chelsea Court Place, is operational and a home for 15 residents. The…

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