Development of new 60-bed care home
18-month ground up development facility to assist with the build of a new purpose-built care home in Cheshire.
We have provided a £9.3m facility to deliver a new 60-bed purpose built care home in Cheshire. The scheme is being build on the site of a former care home and will provide modern care facilities to support the local need.
Gross Loan
£9.3m
Term
18 months
LTV
69%
Units Created
60
Exit Method
Sale
"This is a great opportunity to support a leading UK care home operator, with a development loan to fund the construction of a 60-bed care home in Cheshire. We look forward to strengthening our relationship with our borrower in the months ahead."
- Rav Kudhail, Lending Manager
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