Impact Healthcare to buy care homes in £14m deal

Impact Healthcare REIT has exchanged contracts to buy two care homes in Kent for £14m, with a new tenant Belmont Healthcare - the investor’s...

Care home deals: Classic Care Homes; Luxurycare; Purbeck House

Classic Care Homes: The owners of Classic Care Homes have sold their two properties to a first-time buyer couple. Summercourt Residential Home in Teignmouth and Pottles...

Anthropos partners Vayyar Care to help reduce risk of falls

Connected care platform Anthropos is partnering with 4D imaging company Vayyar Care to strengthen data that can help reduce the risks of falls. Anthropos uses...

Operating profit at Churchill slips due to growing build costs

Rising construction costs dampened operating profit and margins at Churchill Retirement Living despite growing revenues. Following the pandemic, the housebuilder has faced other challenges, including...

Diversification drives up revenue and EBITDAR at National Care Group

Increasing geographical coverage remains a key aim of National Care Group’s strategy, as it continues to post growing turnover and EBITDAR. It plans to continue...

Impact reports growing profit as occupancy among tenants rebuilds

Impact Healthcare REIT tenants have steadily been rebuilding occupancy, with the investor’s portfolio of homes reaching its highest level since early 2020. As at the...

Brendoncare completes care home sale as part of strategic review

Brendoncare has completed the sale of Woodhayes nursing home in Exeter, Devon, as part of its ongoing strategic review. The home, which is a Grade...

Cynergy Bank supports ACI Care Group with refinancing

ACI Care Group has received a £7.4m loan from Cynergy Bank to support the refinancing of its specialist care homes. The family-run business owns and...

Increased capacity helps drive up revenue and EBITDAR at Witherslack Group

Growth in capacity helped drive up revenue and profitability at Witherslack Group, with directors confident of its performance this year due to strong occupancy...

Inspired Villages on track and growing ‘at pace’

Inspired Villages is on track to deliver more than 5,000 homes for older people over the next 14 years. Legal & General, its long-term partner,...