Target Healthcare enters long-term debt facility
Target Healthcare REIT has entered a long-term £37m loan facility with Phoenix Group, an existing lending partner.
The loan carries a 3.13% fixed rate of...
Atelier provides £10.7m loan to Macc Group
Atelier has provided a £10.7m loan to care provider Macc Group to finance the development of a 71-bed setting in Leighton Buzzard, Bedfordshire.
The lender’s...
Unbudgeted cost rises leads to growing deficit at Greensleeves
Recruitment at some settings operated by Greensleeves Homes Trust has proved difficult, leading to ‘heavy reliance’ on agency, with spend in this area more...
Downing LLP-backed Mysa Care buys PoC in ‘transformative’ deal
Downing LLP-backed Mysa Care has acquired South Wales based supported living and care business PoC in what has been described as a ‘transformative’ deal...
Prestige Care Group to grow portfolio following acquisition of site
Prestige Care Group has purchased a 1.2-acre site in Aiskew, North Yorkshire, in a deal arranged by commercial real estate firm Colliers for £1.1m.
The...
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...
Digital helps drive up revenue and EBITDA at CareTech
CareTech’s new digital division helped drive up revenue and EBITDA, with a pipeline for growth expected to continue throughout the year.
Interim results for the...
Openings and fees drive up revenue and EBITDAR at Meallmore
Increased fee rates and the fill up of new care homes helped drive up revenue and EBITDAR at Meallmore.
The operator, which runs 26 care...
Optimo focused on competing for ‘commercially safe contracts’
Optimo Care Group is focused on growth through acquisition and diversification, as it reported falling revenue and EBITDA due to a drop in contracted...
Lilli secures £8.2m to help power growth
Lilli has raised £8.2m in Series A financing to help scale up across the public and private health and care sectors.
The funding, which was...
©2024 All rights reserved LaingBuisson 