RSSCategory: Care funding

Leading UK retirement village developer and operator fund raises £85m to continue growth

Leading UK retirement village developer and operator fund raises £85m to continue growth

The Moorfield Audley Real Estate Fund (MAREF) has successfully raised a further £85 million from existing investors to take the total raised to £285 million.   Moorfield Group, the UK real estate private equity fund manager, created MAREF to acquire Audley, the leading UK retirement village developer and operator, in December 2015.   Audley, one […]

28th June 2017 | By | Reply More
Care home group continue to expand with two new care homes

Care home group continue to expand with two new care homes

Country Court Care Group recently announced a further expansion, with the building of two new care homes. Construction of the sites are now well under way, with estimated practical completions dates being penned in for the summer period. These two purpose built care homes form part of a deal funded by Cheyne Capital Management, which […]

5th April 2017 | By | Reply More
£150 million refinancing funds ExtraCare Charitable Trust expansion

£150 million refinancing funds ExtraCare Charitable Trust expansion

The ExtraCare Charitable Trust has completed a £150million refinance with Lloyds Bank to support its continued nationwide expansion. Established in 1988, the Coventry-based charity provides 3,849 homes for life in 31 retirement villages and schemes, offering care for those who need support to remain independent.  The charity currently operates four retirement villages in Birmingham and […]

18th March 2016 | By | Reply More
Is the National Living Wage Creating National Living Rage?

Is the National Living Wage Creating National Living Rage?

Specialist property adviser, Christie + Co has today released a new report gauging initial reactions to the National Living Wage’s impact on the UK labour market from key players in UK business. By identifying the specific challenges facing the care sector, Christie + Co has offered potential mitigating solutions to the issues and analysed the […]

9th December 2015 | By | Reply More
How Spending Review will impact on Social Care-Analysis

How Spending Review will impact on Social Care-Analysis

Following George Osborne’s Autumn Statement and Spending Review Dr Rhidian Hughes, The Voluntary Organisations Disability Group chief executive, commented: Overall funding settlement “The social care funding settlement is woefully inadequate. The spending review offered Government a chance to put social care funding back on track financially yet this important opportunity has been lost. There is […]

25th November 2015 | By | Reply More
New guide helps cut through the confusion of funding care

New guide helps cut through the confusion of funding care

Meeting the challenge of successfully funding the cost of full-time residential care placements can be a daunting and emotional journey for many people. Despite ongoing reforms, clearly understanding how much you are likely to pay and what you could be entitled to remains confusing and can depend on a lot of different factors such as […]

20th April 2015 | By | Reply More
Funding secured for expansion of Wolverhampton nursing home

Funding secured for expansion of Wolverhampton nursing home

Construction work to extend one of Wolverhampton’s leading nursing homes is set to get underway later this month as its owners announce they have secured funding with The Royal Bank of Scotland.   Atholl House, which is located at 98-100 Richmond Rd in Wolverhampton, is to undergo extensive renovations with the addition of a new […]

13th April 2015 | By | Reply More
Care home opening delivers 100 new jobs to Essex

Care home opening delivers 100 new jobs to Essex

A new care home in Manningtree has officially opened its doors after receiving significant funding support from Clydesdale Bank. Operated by Stour Valley Care Group, the 60 bed Mistley Manor will employ 100 people.  The company received a seven figure funding package from Clydesdale Bank to complete the new home. The deal was completed by […]

22nd December 2014 | By | Reply More
Funding supports growth of care home company

Funding supports growth of care home company

Care home business, 3 AB Care Limited has secured funding from The Royal Bank of Scotland (RBS) to help the growth of the business and finance the expansion and renovation of one of its care homes.   3AB Care Ltd is owned and operated by Mr Arvind R Patel and his family. Since going into business […]

11th December 2014 | By | Reply More
Exmouth specialist care provider to create community for people living with dementia

Exmouth specialist care provider to create community for people living with dementia

Eminence Care Ltd, owner of Rose Lodge Care home in Exmouth, has received a seven figure loan from its new banking partner, The Royal Bank of Scotland to extend their existing care home by creating a new community for people living with dementia. This will further their dementia care provision in East Devon, taking their […]

4th December 2014 | By | Reply More
Ethical Partnership is a £5 Million Banker for Blackwood

Ethical Partnership is a £5 Million Banker for Blackwood

One of Scotland’s most respected housing and care providers is pressing ahead with its plans for pioneering change, thanks to an ethical lending partnership worth £5 million.   Blackwood is working with Triodos Bank in order to achieve its long term objectives for innovation in housing and care.   The Edinburgh-based charity has more than […]

13th November 2014 | By | Reply More
What do people really expect from care providers?

What do people really expect from care providers?

A report released today is calling on individuals, commissioners and the government to take greater responsibility with respect to elderly care funding to help avoid a care crisis. This move is backed by champion of the elderly, Esther Rantzen, Katherine Murphy, CEO of the Patients Association, and by Ros Altman, the Government’s Older Workers’ Business […]

16th September 2014 | By | Reply More
Target Healthcare acquire specialist care homes in £20.4 million deal

Target Healthcare acquire specialist care homes in £20.4 million deal

Acquisition of Three Purpose-Built Elderly Care Homes and Specialist Care Facilities-announced on the Stock Exchange. Target Healthcare REIT Limited, a specialist investor in UK care homes, has today announced that it has acquired three purpose-built care homes and four specialist care bungalows from Zest Investment Group for approximately £20.4 million including acquisition costs. The acquisition […]

14th July 2014 | By | Reply More
Care provider secures capital to expand from alternative funding source

Care provider secures capital to expand from alternative funding source

Tim Cocking, franchise owner of Bright Care, the Edinburgh and Glasgow-based domiciliary care provider, has taken advantage of alternative funding sources to raise capital for an ambitious new start-up business in Perth.   Cocking, whose franchise already employs nearly 80 people and has a turnover of £1 million, raised £30,000 in three weeks using peer-to-peer […]

Related Posts Plugin for WordPress, Blogger...
13th June 2014 | By | Reply More