News


South London care home to stand tall with OakNorth loan


Cornerstone Healthcare reveals £10m


plan for Somerset care centre in the area who may struggle to manage the needs of these individuals.” The facility in Wincanton will add to


Cornerstone Healthcare Group is to develop a 74-bed care centre in Somerset to add to its portfolio of highly specialised care homes. The £10m Cale View facility in Wincanton


will increase the group’s beds to nearly 300 and will create 140 local job opportunities. Scheduled to open in autumn 2022, Cale


View will provide care for adults of all ages, with challenging behaviours associated with complex neurological and mental health conditions. Cornerstone said Cale View forms part


of its ‘Buy and Build’ strategy and is the next phase in the company’s ambitious five-year growth plan to provide 500 beds for this “underserved sector” by the end of 2024. “Unlike our previous acquisitions, we are


building Cale View from scratch. This will give us the opportunity to provide, not only care that is tailored to our residents, but a home that is designed to cater for their complex and challenging needs,” said chief executive Johann van Zyl. “This project gives us the opportunity


to increase our service to a large group of people who tend to be forgotten about and to ease the burden on dementia care homes


Cornerstone’s two existing care homes in Hampshire - South Africa Lodge in Waterlooville and Kitnocks House in Curdridge - and Marula Lodge in Mytchett, Surrey. Clydesdale Yorkshire Bank and London- based equity partner Ignite Growth are funding the development, while NorthStar Projects will act as Cornerstone’s project manager. Midas Group will be responsible for the construction of Cale View. “Cale View is named after the River Cale


which runs through this spectacular site. It will have the most up to date design features with large spacious rooms and day spaces,” said Cornerstone chief operating officer Dara Ní Ghadhra. “These features will provide easy access


for wheelchair users and residents that like to move around freely in their new home. We have found over many years working in this specialised sector that our residents with challenging behaviours react better when allowed to pace and have comfortable day spaces where our activity teams can provide therapeutical activities,” she added.


OakNorth Bank has provided a £4.4m loan to complete construction of a new care home in South London that would have otherwise been delayed due to Covid-19. The funding is being provided to the


owner of the Beulah Vista Caring Home, a 60-bed purpose-built home in Upper Norwood. The 38,000 square feet development


will offer dementia, residential and nursing care and include a bistro-style café bar, a hair salon with nail bar, lounges, dining rooms, a family room for events, a cinema and meditation room. The property is situated at the most


elevated point on Beulah Hill, providing residents with views of the London skyline - The Shard, The Gherkin and Canary Wharf - to the north, and Surrey Hills to the south. “The fallout of the pandemic has


marred the care home sector. Over the past year, small independent care homes have been significantly impacted, as most care home operators and owners lacked the liquidity, infrastructure and scale to cope with the virus,” said OakNorth Bank associate Sammy Bajaj. London Belgravia Specialist Finance facilitated the introduction.


Handsale serves up gastro pub in Cheshire luxury care home


Handsale is on track to open a luxury 78-bed Cheshire care home with its own gastro pub and farmers’ market in early June. In addition, Priesty Fields in Congleton


will include 78 ensuite bedrooms, cinema, spa, salon, gym, library, private dining room, garden lounge, and GP office. The physical structure of the building


will be tailored to suit the specific needs of people requiring continuous care, with communal areas designed to encourage independence and stimulate the senses. Positioning itself as an interactive and


inviting community hub, Priesty Fields’ holistic approach will take into account peoples’ physical, emotional, social, and


spiritual wellbeing. Biophilic ‘living walls’ and natural wood,


stone and glass features will help to enhance mental wellbeing, while its human-centric interior design aims to provide an authentic and homely atmosphere. The home will also be sustainable,


April 2021 • www.thecarehomeenvironment.com


being built with a heat recovery system and environmentally-friendly lighting for low energy consumption. Priesty Fields will become the ninth home


of the Handsale care group across England, Scotland and Wales. “We’re delighted to announce Priesty


Fields will be opening its doors in early June, offering an outstanding environment that enables staff to provide outstanding care,” said Handsale care director Rishi Sodha. “Priesty Fields will be a place where


people, no matter their age, can maintain their independence and live fulfilling lives amidst a backdrop of innovative and comforting surroundings,” he added.


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