Puma Property Finance funds 80-bed care home
Puma Property Finance has completed a £6.2m facility to fund the development of an 80-bed care home in Carlisle, Cumbria.
The facility offers a loan...
Orders of St John expects trading deficit due to fall in occupancy
The Orders of St John Care Trust expects to operate with a trading deficit over the next year due to a fall in occupancy.
In...
Aedifica to invest £13m in care home project
Aedifica will invest £13m in the development of a care home to be operated by Maria Mallaband Care Group (MMCG).
The 61-bed property, which will...
Sunrise Senior Living to exit management of its UK business
Care UK and Signature Senior Lifestyle will take over the leadership and management of all homes run by Sunrise Senior Living UK and Gracewell...
Quality issues dampen contract wins at Shaw Healthcare
Shaw Healthcare Group has reported a ‘disappointing’ financial performance despite growing turnover from new contracts.
Revenue grew 12.8% to £112m last year (2019: £99.6m) but...
OakNorth completes loan for Macc Group care home
OakNorth Bank has completed a loan to operator Macc Group for the development of a care home in Solihull, West Midlands.
The property will include...
Joint venture to support care home developers
A strategic joint venture to improve access to finance for real estate developers has been formed by Beaufort Capital and Pollen Street Capital.
The lending...
Armighorn Capital buys care home following £2m funding package
Healthcare provider Armighorn Capital has bought Amberleigh House Care Home in Aintree, Liverpool, as part of a £2m funding package.
Funds for the deal were...
Fundamentals remain strong despite lag in recovery, says Target
A lag in recovery of private-fee occupancy has led to some providers leaving ‘themselves stretched’, investor Target Healthcare REIT has reported in a trading...
Nine Four Seasons Health Care sites sold for £16.1m
Nine operating sites of Four Seasons Health Care’s core portfolio have been sold for an aggregate £16.1m.
In a statement released by joint administrators and...
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