Monday, March 20, 2023
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OakNorth Bank provides loan to Lovett Care

OakNorth Bank has provided a loan to Lovett Care to support its growth, which has seen it expand from two to nine homes in...

Aria Care Group to refresh and refurbish services  

Aria Care Group has been launched following completion by Santerre Group of a deal for the operating business of Caring Homes. Aria Care is owned...
Robert Kilgour hits out at care home spending inaction

Administrators agree deal to sell Craigard care homes

Administrators of Craigard Care Ltd have agreed to sell three care homes to two separate providers. Proposed buyers, Parklands Care Ltd and Renaissance Care Ltd,...

Bupa’s care division impacted by occupancy and workforce challenges

Underlying losses in aged care at Bupa grew year on year as challenges in the UK, Australia and New Zealand impacted performance in the...

Gold Care Homes grows portfolio with deal for Sonnet

Gold Care Homes has acquired two care homes in Bocking, Essex, growing its portfolio of properties to 29. It has purchased Sonnet Care Homes, which...

Vacancies at Essex Cares Ltd prove difficult to fill

Growth in reablement services at Essex Cares Ltd (ECL) helped sustain financial performance despite reduced staffing capacity affecting some of its contracts. Recruitment and retention...

Rent collection drops at Triple Point as providers face challenges

Rent collection at Triple Point fell below historic levels due to arrears at two of its providers - My Space Housing Solutions and Parasol...

OakNorth Bank provides £6m loan to LV Care Group

LV Care Group has been provided with a £6m loan from OakNorth Bank to refinance an existing facility on its Cheval Roc care home...

Montreux fund geared to complete deal for Zero Three Care

The Montreux Fixed Yield Fund is set complete the acquisition of Zero Three Care (ZTC), previously Project Sycamore, an Essex-based business specialising in providing...

RMBI Care closes charity bond after reaching £10m

The Royal Masonic Benevolent Institution Care Company (RMBI Care) has closed a charity bond after reaching £10m through investments in less than four weeks,...