Healthcare

OakNorth, the digital bank for entrepreneurs, by entrepreneurs and structured real estate lender, REL Finance, have completed a £16m co-loan to returning customer, Elysian Residences, a leading developer and operator of luxury retirement living communities in the UK.

Founded in 2009, Lovett Care specialises in offering residential, nursing and dementia care across England and Wales; The Group’s current portfolio now consists of 28 homes across the UK, offering over 1,800 beds; The bespoke loan from OakNorth will support Lovett Care’s acquisition of Belvedere Manor, an 84-bed purpose-built care home in Colne, Lancashire; Those […]

The £31m facility is to the Broadwood Later Living Sustainable Construction Finance Fund (“Broadwood LLSCF Fund”) and will support the development of three new care homes in London,  Staffordshire and Lancashire; The three care homes will deliver a combined 250 new care home beds into a market experiencing a chronic under supply; OakNorth has been a […]

Founded in 2012 by Daniel Gerrard, UK Addiction Treatment Centres (UKAT) is a leading addiction treatment provider in the UK, with eight clinics offering over 200 beds; The firm was acquired by UK-based private equity firm specialising in mid-market control buyouts, Sullivan Street Partners, in September 2024 to help expand its service offerings; The loan […]

Founded in 2009, Sabal Investment Holdings is a real estate investment manager headquartered in Irvine, California and serving institutional investors across the U.S.; Headquartered in Los Angeles, 12 North Capital is a premier senior housing investment firm, dedicated to creating supportive communities for aging populations; The $20m loan will fund the acquisition of a non-performing […]

OakNorth has provided a £5m financing facility to SCIRIS Group, a London-headquartered medical communications and market access platform backed by Waterland Private Equity.