Friday, June 18, 2021
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OakNorth Bank provides £50m loan for retirement living rental portfolio

OakNorth Bank has provided a £50m loan to support Brigid Investments in financing McCarthy Stone’s UK retirement living rental portfolio. Brigid Investments is a special...

Target Healthcare REIT to invest £33m in care homes

Target Healthcare REIT has completed the acquisition of a luxury care home in Scotland and a site in Buckinghamshire, England, for the development of...

Tristone Capital grows care division with Premier deal

Buy and build investment group Tristone Capital has acquired Premier Care Management Ltd through its care division.  Founded in 2009 by Steve Bristow, Premier Care...

Korian’s £200m bond to acquire and develop UK healthcare real estate

Proceeds of Korian’s £200m green bond will be used to mainly upgrade, acquire and develop healthcare real estate properties in the UK. As reported in...

Occupancy dented at Maria Mallaband and Countrywide

Occupancy at Maria Mallaband Care Group fell to 76% during the pandemic from an average of 84% before Covid-19. It has ‘recovered slightly’ to around...

Care home acquisitions drive turnover at Valorum Care Group

Turnover at Valorum Care Group has grown more than 180%, driven by the 17 care homes it acquired from Leonard Cheshire in August 2019. Its...

Hervines Specialist Adult Care Group buys Omega Elifar Ltd

Omega Elifar Ltd has been sold to newly established care home operator Hervines Specialist Adult Care Group. Omega comprises four learning disability homes with a...

Live-in care helps drive turnover at Agincare

Live-in care has helped drive revenue growth at provider Agincare, as increasing numbers of clients opted for the model of support during the pandemic. The...

National Care Group acquires Stepping Stones Care Homes

National Care Group has acquired Stepping Stones Care Homes Ltd, which operates three facilities in Northamptonshire. The facilities - Phoenix House, Ryecroft Apartments, and Primrose...

Growth ambitions remain unchanged for Hallmark Care Homes

Hallmark Care Homes remains ‘positive’ despite the pandemic and will look to grow its portfolio of homes, with two or three new properties each...