Puma Property Finance completes loan for retirement living scheme
Puma Property Finance has completed a £6.5m loan to fund the development of a 45-apartment retirement living scheme in Lymm, Cheshire.
The scheme forms part...
Care providers looking to grow portfolios, says market review
Demand for care homes has remained strong but the pandemic delayed properties coming to market as owners grappled with Covid-19 outbreaks and occupancy challenges.
A...
Need for housing drives activity at Triple Point
Triple Point Housing REIT acquired 14 properties in the first half of the year for £22.3m, bringing its investment portfolio to more than 450...
Ideal Carehomes showing ‘positive’ signs despite fall in EBITDA
Occupancy recovery is showing ‘positive’ signs at Ideal Carehomes with enquiries back to pre-pandemic levels.
The provider said lead times and conversions were also moving...
Allica Bank’s delivers commercial mortgage for care home deal
Allica Bank has delivered its first commercial mortgage within its healthcare division, enabling the purchase of a 21-bedroom care home in Oswestry, Shropshire.
The loan...
Lovett Care receives backing from H.I.G. Capital
An affiliate of H.I.G. Capital, LLC has invested in operator Lovett Care and appointed Craig Cook as executive chair and Keith Crockett as chief...
Farming charity to sell care homes to Agincare and Stow Healthcare
Farming charity Royal Agricultural Benevolent Institution (RABI) is selling its two residential care homes in Suffolk and Somerset.
Stow Healthcare, which operates six residential and...
Gresham House acquires New Century Care in partnership with Salutem
Alternative asset manager Gresham House plc has acquired New Century Care (NCC) for £21m.
The deal, which falls under Gresham’s sustainable infrastructure investment strategy, was...
Slip in occupancy at Care UK mitigated by contracts and support
Government funding and additional NHS and local authority short-term contracts as a response to Covid-19 partially mitigated the impact of falling occupancy at Care...
Impact’s tenants continue to show growing occupancy
Occupancy rates among Impact Healthcare REIT tenants continues to show growth, with it reaching 87.3% at the end of September, up from 85.4% at...
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