Friday, March 29, 2024
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Affordable Housing granted £60m loan

Affordable Housing & Healthcare Group (AHH) has been granted a £60m loan from OakNorth Bank to fund the development of three retirement living schemes...

OakNorth Bank provides loan to fund supported living scheme

OakNorth Bank has completed a £531,000 loan to the development arm of Midway Care Group. Sincere Homes will use the money to fund the development...

Deals completed for almost half of the 52 HC-One care homes for sale

HC-One has offloaded 24 of the 52 care homes that it put up for sale last year and closed a further four settings as...

CIC delivers rising income despite care home division challenges

Community Integrated Care (CIC) has increased income levels but its older people’s care homes division in England faced ‘another challenging year’. The division, which operates...

Milestones Trust to grow supported living offering

Milestones Trust plans to increase its supported living offering while reducing residential provision, as part of a restructure of its services. It will be deregistering...
Profits slide after tough regulatory year for Runwood Homes

High agency staff use dents profitability at Larchwood

High agency staff use dented profitability at Larchwood Care Homes as the group found difficulty in attracting and retaining staff. The group, which covers both...

HC-One grows portfolio with acquisition of Ideal Carehomes

HC-One has acquired Ideal Carehomes from Warwick Capital Partners and LNT Group. The deal includes 36 care homes (more than 2,200 beds) in England, with...

Impact exchanges contracts on £7.4m property

Investor Impact Healthcare REIT has exchanged contracts on a property for £7.4m in Suffolk and received regulatory approval for its deal for nine care...
Fee rates drive financial performance at Advinia

Fee rates drive financial performance at Advinia

Higher average weekly fee rates and tight cost controls have helped improve performance at Advinia Health Care. The provider increased the number of residents who...

Housing 21 adds more than 440 homes to its portfolio

Housing 21 has acquired 445 apartments, adding to the 450-plus homes it bought earlier this year. The latest deal covers 11 schemes in London, East...