Housing 21 and ExtraCare Charitable Trust decide against merging
Housing 21 and The ExtraCare Charitable Trust have agreed to remain as separate organisations following their merger talks.
As reported at the end of March,...
OakNorth Bank sets £500m-plus lending target in care space
OakNorth Bank is targeting to lend £500m-plus over the course of the next 18 months across the care sector.
As well as care home operators,...
Improved performance at Bupa’s care services driven by growing occupancy
Revenue from older people’s care services operated by Bupa in the UK, Spain, Australia and New Zealand has grown 8%, helping this area of...
Impact Healthcare tenants report rising occupancy and fee growth
Impact Healthcare REIT tenants managed to increase fees and improve occupancy during the first half of the year, with food and utility costs expected...
Challenging times to continue for Nazareth Care Charitable Trust
Nazareth Care Charitable Trust posted ‘disappointing financial results’ as it was impacted by recruitment and retention challenges, reduced occupancy, and the rising cost of...
Suspension of services impacts Hesley Group finances
Suspensions to schools and care homes run by Hesley Group because of safeguarding concerns resulted in growing losses at the provider.
Financial results for Honour...
MAF Finance Group opens Edinburgh office and makes senior hires
MAF Finance Group (MAF) has opened a base in Edinburgh to strengthen its presence in Scotland, appointing Nick Elder and Deborah Louden to head...
Council subsidiary takes care company out of administration
A wholly owned subsidiary of Oldham Metropolitan Borough Council has taken over the running of Chadderton Total Care Ltd after it went into administration.
The...
Cornerstone agrees refinancing deal with Virgin Money
Cornerstone Healthcare Group has agreed a £12.75m refinancing deal with Virgin Money.
The transaction supports Cornerstone’s growth plans and comes as it completes its first...
Demand for places in Target’s care homes ‘remains encouraging’
Resident occupancy across Target Healthcare’s portfolio of care homes continues to recover towards pre-pandemic levels.
Demand for places in its homes remains ‘encouraging’, with growing...
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