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Tonic Housing secures loan for LGBT+ retirement community

Tonic Housing has secured a £5.7m loan to open the UK’s first LGBT+ affirming retirement community. Support from the Greater London Authority will enable the...

HC-One to offload 52 care homes

HC-One is selling 52 of its care homes and closing a further four as part of a group restructure. The provider, which supports 14,000 residents...
Seamus Halton, founder and chairman of Berkley Care Group

Korian to buy Berkley Care Group

European care services business Korian is set to buy Berkley Care Group. The acquisition for the portfolio of six homes and 425 beds in the...

Elevation Advisors LLP completes transactions

The real estate fund advised by Elevation Advisors LLP has completed two deals with operators Borough Care and Yorkare. The first is a sale and...

Target raises £60m for investment in properties

Target Healthcare REIT has raised £60m through an oversubscribed share issue. Due to demand from investors and a pipeline of available properties, the board of...

OakNorth Bank delivers £4.4m loan for care home development

OakNorth Bank has provided a £4.4m coronavirus business interruption loan to complete the development of a care home in Upper Norwood, London. Beulah Vista Caring...

Civitas secures £84m loan facility from M&G

Civitas Social Housing has secured a loan of £84.6m from M&G Investment Management Ltd, a new lender to the company. The facility is repayable seven...

Joint venture secures £47m for retirement village development

A joint venture between Audley Group and the real estate arms of Octopus and Schroders has secured a £47m development loan from Silbury Finance...

Hft to hand back financially unviable services

Downward pressure on fees and increased costs will continue to force Hft to hand back unsustainable services. The charity, which provides care and support for...

Rising occupancy helps drive revenue at Exemplar Health Care

Growing occupancy in homes operated by Exemplar Health Care helped turnover rise 15%. Revenue reached £87.7m in the year ended 31 March 2020, up from...