Sales process of more than 110 Four Seasons care homes launched
Joint administrators have launched a sales process of 111 Four Seasons Health Care (FSHC) freehold properties, with completion targeted in the second half of...
Loveday & Co launches respite service
Loveday & Co has launched a respite service to complement its existing portfolio of provision comprising homecare, day club and residential nursing care.
Recover at...
Target Healthcare reaches agreement over re-tenanting of homes
Target Healthcare has reached an agreement with an incumbent operator in relation to seven homes that it was looking to re-tenant.
As reported in early...
Impact secures extension of revolving credit facility with HSBC
Impact Healthcare REIT has secured an extension of £25m to its existing revolving credit facility with HSBC UK Bank.
The extension is on the same...
Impact Healthcare invests £56m in portfolio of care homes
Impact Healthcare REIT is investing £56m in six care homes that are owned and operated by Morris Care Ltd.
The portfolio has 438 beds, of...
Investors need to develop understanding of care sector, report finds
Institutional investors need to better understand the care sector to help deliver sustainable returns, as interest in the asset class grows.
A report from healthcare...
‘Multiple’ potential buyers interested in Four Seasons care homes
Site visits by potential buyers of freehold assets operated by Four Seasons Health Care have concluded, with ongoing diligence being carried out.
As part of...
Occupancy growth helps drive up EBITDA at Liaise Group
Increased occupancy helped drive up EBITDA at Liaise Group, as the provider continues to target organic growth and acquisitions.
Its financial results reported adjusted EBITDA...
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...
Hartford Care agrees £45m credit facility with NatWest
Hartford Care has agreed a £45m credit facility with NatWest to help support its growth strategy over the next three years.
The Basingstoke-based operator manages...