Elevation Advisors has announced that during the second quarter of this year it completed the first closing for Elevation Credit Partners III (ECP III).
Real estateThe Octopus Healthcare Fund has acquired the new Manor Park care home in Old Malton, North Yorkshire, which is scheduled to welcome its first residents by October.
Real estateThe UK care homes market attracted record-high investment volumes of £4 billion in the 12 months since July last year.
Market analysisA new hospital run by Cygnet Health Care opened in Shipley, Derbyshire today, to deliver specialist care to adults.
Clinical servicesCygnet Health Care has purchased the closed Churchfield Care Centre in Rainworth, Nottinghamshire.
Real estateLoveday has opened a luxury care residence Loveday Esher in Surrey, a restored Grade II listed property built in 1864.
Real estateOptibrium has agreed a multimillion annual recurring revenue-based financing package with Shawbrook Bank.
TechnologyIndependent healthcare providers are carrying out a record number of NHS operations, with the highest ever number of NHS patients referred to the sector in a single month.
Secondary careResearch by international real estate advisor Savills shows that European care home investment volumes have recovered in H2 2024 and into 2025.
ResearchMorrison Community Care Reilly Ventures has secured £48 million in development funding for two new care homes in Enfield and Epping Forest, London.
Social careThe Salvation Army today announced it will be offloading its care homes as it transitions from providing residential care for older people to grow its community-based support model.
Social careLifeyear, a digital cardiovascular care firm, has raised €2.8m (£2.4m) to launch its remote patient management offer in the UK.
In other news...There is projected to be a huge shortage in elderly care home beds in the south west by 2035, according to a report by Christie & Co.
Market analysisOutSee, a genomics and drug discovery company pioneering a predictive genomics approach to target discovery, has secured £1.8 million in seed funding, led by Ahren Innovation Capital.
PharmaFranklin Real Asset Advisors has purchased 32 care homes from LDC Care Homes, a real estate property portfolio advised by Elevation Advisors.
M&AThe Assura saga continues as its board, alongside PHP’s board, has announced the terms of a recommended combination of the two companies.
M&AA new state-of-the-art healthcare facility, part of a £500m transformation programme for University Hospitals Dorset NHS Foundation Trust, has been completed in Bournemouth.
Real estateMost read
The Salvation Army today announced it will be offloading its care homes as it transitions from providing residential care for older people to grow its community-based support model.
Social careMorrison Community Care Reilly Ventures has secured £48 million in development funding for two new care homes in Enfield and Epping Forest, London.
Social careResearch by international real estate advisor Savills shows that European care home investment volumes have recovered in H2 2024 and into 2025.
ResearchIndependent healthcare providers are carrying out a record number of NHS operations, with the highest ever number of NHS patients referred to the sector in a single month.
Secondary care