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Elevation announces leaseback of Cambridgeshire home
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Exemplar opens new units at Cheshire home
Exemplar Health Care has opened two brand-new units at Woolston House care home in Warrington, Cheshire. The 26-bed home, which opened its doors in October 2023, supports adults living with complex mental health needs, dementia, neuro-disabilities, and physical disabilities. The two new units will provide a further 14 beds, creating around 40 new jobs.
Home manager Des Loo said: “I’m
Real estate fund Elevation Healthcare Properties (EHP) has completed the sale and leaseback of a Cambridgeshire care home. Henbrook House, which is let to Connaught Care on a long-term lease, boasts 69 en suite bedrooms, a bistro, cinema room, private dining room, and health spa. The home has an EPC A-rating and a BREEAM New Construction rating of ‘Good’. In addition to an all-electric kitchen and laundry equipment, Henbrook House incorporates water efficient fittings throughout. To encourage sustainable travel, there are EV charging points and cycle storage, in addition to the home’s proximity to local public transport.
Connaught Care CEO Andrew Winstanley said: “We are delighted to have partnered with EHP for the sale and leaseback of
Luxury care home to open in Scarborough
A 66-bed luxury care home has opened in Scarborough, delivering residential, dementia, and respite care. Cayton View Care Home, located in Middle
Deepdale, offers a hair salon, chiropody, and top-quality dining. Private dining allows residents to enjoy a meal with friends or family in a separate room at no extra cost. The new home will bring 65 jobs to the Scarborough area. Leah Moon, general manager at Cayton View, said: “We’re thrilled to be bringing such an innovative, luxury care home to Scarborough, especially as we know there is a lack of available care home beds in the area. Residents are at the heart of everything we do, making it essential for us to offer the very best, personalised care experience to each
January 2025
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Henbrook House. This partnership will enable Connaught to continue its ambitious growth plans and realise its pipeline of development opportunities that will see Connaught bringing 11 high-end homes to the elderly care market in a space of 24 months.” James Giles, investment director at
Elevation, said: “This is the 22nd asset addition by EHP this year, bringing the portfolio to a total of 45 UK elderly care home assets with over 3,000 beds and a strong pipeline of further acquisitions and pre-let forward funded transactions. Henbrook House has strong environmental credentials in line with EHP’s ESG strategy and we are delighted to fulfil the market need for care homes which are built for longevity and benefit the lives of residents, staff, families, and the local community.”
excited to be opening these new units and to play a part in expanding Exemplar Health Care’s valuable impact into a new community. Our hardworking team is devoted to fostering an atmosphere that is welcoming, inclusive, and focused on improving each and every day for the individuals we assist.” Lindsay Holcroft, commissioning manager at Exemplar Health Care, commented: “Our newest units are a testament to our dedication to offering excellent nursing care to adults with complex needs. I’m confident that Des and his team will make a significant and long- lasting difference to the lives of those we support here. The home makes it possible for people from the region who require complex care to live closer to their friends, family, and community.”
Atelier finances new care home in North London
individual. Our incredible new facility will allow us to offer the local community just that.” Cayton View CEO Tobyn Dickinson added:
“I can’t wait to see how the community grows at Cayton View as our residents start moving in.”
Development finance lender Atelier has announced a £23.6m loan to develop a 119- bed care home in North London. The loan, which follows the provision of a £9.8m site acquisition bridge facility – which funded the purchase of the asset earlier in the year – will finance the modernisation and upgrade of a vacant purpose built care home, delivering 119 rooms. Rav Kudhail, lending director at Atelier, said: “We are pleased to work with our client, a UK wide care home operator, on this third transaction to fund the conversion and refurbishment of an existing asset. When completed, the scheme will be operated by our borrower and provide high quality care accommodation in the area.”
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