Promedica24 to invest more than £2m in workforce
Live-in care provider Promedica24 is the latest operator to invest in its workforce as part of a recruitment drive.
It has increased pay for its...
Anchor and McCarthy Stone to develop £40m retirement community
Plans for a £40m ‘affordable for all’ retirement community have been published by Anchor and McCarthy Stone.
The development will be the sixth retirement community...
CQC survey highlights challenges faced by social care services
Research has uncovered the impact of lockdown measures on the wellbeing of people who use care services.
Nearly three-quarters of carers (73%) who were surveyed...
Investor appetite in sector to remain despite challenges, says report
Resurgence of M&A activity across the care market last year is predicted to continue in 2022, with investor appetite remaining strong.
Releasing its annual outlook,...
Maria Mallaband receives investment to support growth plans
Maria Mallaband Care Group (MMCG) has received £5m investment from Frontier Development Capital (FDC) to support its refurbishment and expansion plans.
Upgrades will be led...
Octopus completes £11m loan for care home development
Octopus Real Estate has provided an £11m loan for the development of a 71-bed care home in Bedhampton, Hampshire.
The project, which has full planning...
Allica Bank’s delivers commercial mortgage for care home deal
Allica Bank has delivered its first commercial mortgage within its healthcare division, enabling the purchase of a 21-bedroom care home in Oswestry, Shropshire.
The loan...
Simply UK to grow portfolio with developments
Real estate developer and investment company Simply UK has begun construction work of a care home at Preston, Lancashire.
The £8.8m 69-bed property, which will...
Capital ready to be unleashed in retirement communities, MPs told
The retirement communities sector has ‘historically failed’ to meet the needs of the middle market, with capital ready to be unleashed under the right...
Mansfield Advisors make three new additions
Health and social care consulting firm Mansfield Advisors has made three additions to its team, with Paul Fegan joining as a senior engagement manager,...
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