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Home Care Markets Business OakNorth completes loan-on-loan facility to Broadwood Capital fund

OakNorth completes loan-on-loan facility to Broadwood Capital fund

Priya Chauhan

OakNorth has completed loan-on-loan facilities totalling £31m to a real estate credit fund backed by Broadwood Capital and Aviva Investors to support three care home developments delivering 250 beds. The facility, to the Broadwood Later Living Sustainable Construction Finance Fund (Broadwood LLSCF Fund), will support developments in London, Staffordshire and Lancashire. The properties provide 100%…

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