Development of new 131-bed care home

25-month development facility to assist with the construction of a purpose-built care home in West Yorkshire.

We have provided a £14.6m development loan to deliver a new, 131-bed purpose-built care home, each with ensuite wet room facilities. The scheme is well located and will provide much needed care facilities in West Yorkshire, including residential, nursing and dementia services.

The accommodation has a target completion date of April 2025.

The opportunity was introduced by James Thomlinson at boutique specialist advisory firm, Voltaire Financial.

Gross Loan

£14.6m

Term

25 months

LTV

68%

Units Created

131

Exit Method

Refinance

"We are delighted to partner with Athena Healthcare Group to fund the construction of a brand-new care home in Yorkshire. Athena has delivered numerous previous schemes, and we look forward to working with them in providing much needed care facilities throughout the north of England."

- Paul Hayward, Senior Investment Manager