OakNorth backs Phoenix Learning and Care with £20m loan

OakNorth Bank has provided a £20m loan to Phoenix Learning and Care Group to support the acquisition of residential children’s homes and education sites,...

Interest in older people’s care helps drive up property transaction volumes

UK healthcare property transaction volumes closed at £2.36bn in 2022 and expected to grow further this year despite headwinds. Although the figure only closed slightly...

Construction begins on Kingsley’s Olney care home

Construction work has started on Kingsley Healthcare’s 66-bedroom care home in Olney, Buckinghamshire. The multi-million-pound development sees the provider partner with Midlands-based Deeley Construction, with...

Former ADASS president appointed interim chief inspector of adult social care

James Bullion has been appointed interim chief inspector of adult social care and integrated care at the Care Quality Commission (CQC). Bullion is currently executive...

Exemplar opens £3.7m Adswood Lodge

Exemplar Health Care has opened £3.7m Adswood Lodge in Stockport, Greater Manchester. The care home specialises in supporting adults living with dementia, acquired brain injuries,...

Care bodies merge to strengthen representation

National Care Association (NCA) and Registered Nursing Home Association (RNHA) have merged to create a more united voice. The two organisations, both established in the...

Rental income grows 11% at Impact Healthcare REIT

Contracted annual rent across Impact Healthcare REIT’s portfolio grew 11% in the first quarter of the year, with investment in six care homes and...

Nexus-Support Ltd snapped up by National Care Group

National Care Group (NCG) has acquired specialist accommodation and support provider Nexus-Support Ltd. Nexus, which provides personalised support for adults with learning disabilities, operates across...

Agincare agrees deal to operate four London care settings

Family-owned provider Agincare has been appointed by Southwark Council to operate four care homes. Greenhive Care Home and Waterside Care Home, both in Peckham, plus...

Pegasus shifts towards becoming build to rent developer

Later living business Pegasus is moving towards becoming a build to rent (BtR) developer and operator. It has secured an investment loan facility from Barclays...