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Lovett Care grows portfolio with Belvedere Manor from MHA
Lovett Care has strengthened its portfolio of services with the acquisition of Belvedere Manor Care Home from Methodist Homes (MHA).
Belvedere Manor in Colne, Lancashire,...
Occupancy and fee growth helps drive Belong’s finances upwards
Improvements in household occupancy and average fee rates as well as a cut in agency use helped grow net income at Belong Ltd.
Financial results...
Maven Healthcare expands with a double swoop
Maven Healthcare has acquired two purpose-built sites in Lincolnshire and North Lanarkshire from Priory Group.
The properties are Abbey Court in Bourne and Avondale in...
Hawcombe Care adds home as part of buy-and-build strategy
Hawcombe Care has added Comberton Nursing Home in Stourbridge, West Midlands, to its portfolio as part of a buy-and-build strategy.
It acquired the home from...
Care home development hindered by planning delays
The UK care home development sector continues to face a complex and unpredictable planning environment, hindered by under-resourced local authorities and evolving policies.
Despite Labour’s...
Royal London Asset Management backs Lovett Care’s growth plans
Royal London Asset Management has acquired a site in Market Drayton, Shropshire, and will forward fund the development of a 71-bed care home in...
Cygnet Social Care acquires Stepping Stones Residential Unit
Cygnet Social Care has expanded its provision to support individuals with learning disabilities and mental health needs with the acquisition of Stepping Stones Residential...
Greenline Healthcare enters older people’s care home market
Greenline Healthcare Group Ltd has entered the older people’s care home market as part of its wider expansion of properties across the Midlands.
The company,...
OakNorth completes loan-on-loan facility to Broadwood Capital fund
OakNorth has completed loan-on-loan facilities totalling £31m to a real estate credit fund backed by Broadwood Capital and Aviva Investors to support three care...
Increased fees helps drive up revenue and EBITDA at Lifeways
Increased fees from local authorities and integrated care boards helped Lifeways grow revenue and EBITDA despite it posting a slight dip in occupancy numbers.
Financial...
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