Castleoak begins work on 55-bed care home for Barchester

Developer Castleoak has started construction work on a £7.4m care home for Barchester Healthcare in Seaford, East Sussex. Port Manor Care Home will provide personalised...

Schroders and Octopus fund acquires site in joint venture with Elysian

A retirement living fund managed by Schroders Capital and advised by Octopus Real Estate has acquired a site in the centre of Royal Tunbridge...

Revenue and profitability remain stable at B&M Care

Full recovery from the pandemic could take anything up to three years, according to provider B&M Care Group. While underlying demand for services remains strong,...

Rental model offers growth channel for Lifestory Group

The rental market offers an ‘exciting channel’ of growth for Lifestory Group, which has seen increasing take up in this area of its operations. It...

Sure Care nursing home placed in special measures

A care home operated by Sure Care (UK) Ltd has been rated as ‘inadequate’ overall and placed in special measures. Derwent Lodge Nursing Home in...

Elevation Advisors launches debt financing strategy for senior living

Elevation Advisors LLP has launched a strategy with funding provided by StepStone Real Estate (SRE) to provide flexible debt financing solutions to senior living...

Care Workers’ Charity enters partnership to better support sector

The Care Workers’ Charity (CWC) has partnered with The Outstanding Society to share best practice and better support the social care sector. They will look...

ICHA calls on care review to engage in ‘respectful dialogue’

The Independent Children’s Homes Association (ICHA) is calling on the care review to give equal weight to all parties and engage more with the...

Rollout of digital projects creating stronger links

Expanding the use of digital technology projects in social care could save more than £125m, while also creating stronger links between providers, local authorities...

EBITDA rises at Lifeways as its exits ‘loss-making’ activities

Supported living provider Lifeways reported a slip in revenue after it withdrew from ‘loss-making’ activities. The provider told CM it was planning to grow its...