Saturday, May 18, 2024
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New Care begins construction work on setting in Bowdon

New Care has started building a £20m facility on the site of a former hotel in Bowdon, Greater Manchester, with completion expected in May...

McCarthy Stone secures financing to expand rental offering

McCarthy Stone has secured additional financing for the development of its retirement living rental portfolio. The developer and manager of retirement communities has entered into...

Preparing for change

Jo Moseley, senior associate in the employment team at Irwin Mitchell, provides a guide to what care operators need to look out for this...

Loss of overseas care workers

LaingBuisson founder and executive chair William Laing explains why absent overseas nationals will be sorely missed Covid-19, it seems, has brought about what years of...

Elevation Advisors LLP completes transactions

The real estate fund advised by Elevation Advisors LLP has completed two deals with operators Borough Care and Yorkare. The first is a sale and...

Santander provides funding package to support Diagrama’s growth plans

Santander UK has provided a multi-million-pound funding package to support Diagrama Healthcare Services’ acquisition of a residential care home and its surrounding 99 acres...

£42m loan completed for retirement village

OakNorth Bank has completed a £42m loan to a retirement living investor for the development of a village in the South East. The 84-home scheme...

Self-funders charged £12,500 more than council-funded residents

Care home residents in England who pay their own fees are charged on average £12,500 a year more than those whose bill is paid...

CIM and CareTech enter sale and leaseback agreement

Civitas Investment Management (CIM) has invested £200m in a portfolio of specialist care properties from CareTech under a sale and leaseback deal. The portfolio comprises...

Prof Rayner to chair Global Ageing Network

National Care Forum (NCF) chief executive Professor Vic Rayner will take on the role of Global Ageing Network chair, a position she will hold...