Profits slide after tough regulatory year for Runwood Homes

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...
Kenneth MacKenzie, Target Fund Managers chief executive officer

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...

Care home deals roundup

Hazeldene House in Chesterfield, East Midlands, has been sold to a West Yorkshire care group. The residential and dementia care home is a two-storey, 21-bedroom...

Downing exits partnership with Macc Care

Investment manager Downing LLP has exited its six-year partnership with Midlands provider Macc Care. The partnership saw Downing provide around £70m for acquisitions, refurbishment and...

Wood Care Group grows portfolio with deal for homes

Wood Care Group has grown its portfolio of homes to seven with the acquisition of two settings in Mapplewell, South Yorkshire. Chapel View and Field...

Santander provides funding package to support Diagrama’s growth plans

Santander UK has provided a multi-million-pound funding package to support Diagrama Healthcare Services’ acquisition of a residential care home and its surrounding 99 acres...

SLIP pens deal with Audley Group to develop IRCs

Senior Living Investment Partners (SLIP) - a £200m collaboration between Pension Insurance Corporation and Octopus Real Estate – is partnering with Audley Group to...