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Home > Completed Deals and News > Completed Deals > Northern care operator group set to expand its established portfolio

8/12/2021

Northern care operator group set to expand its established portfolio

Commercial finance specialist, Christie Finance has supported an experienced care operator group to secure funding and obtain a substantial loan agreement, allowing it to expand its portfolio of established care homes.

The group currently owns a highly valuable specialist care home, a converted and detached two-storey property located in a residential suburb of Bolton, which offers care to residents between 25 and 50 years of age.

It also owns a sister company that operates two specialist care homes in Preston, both of which hold “Good” CQC ratings.

The group plans to expand their portfolio by creating a pre-agreed facility and beginning the development of a fourth setting, once a location has been chosen.