£6.2m development loan for 80-bed care home development in Carlisle, Cumbria
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Loan: Development
Sector: Care Home
Amount: £6,200,000
Location: Northwest England
Status: Live
Initial Deal: March 2021
Puma Property Finance has completed a £6.2 million facility to fund the development of a new 80-bed care home in Carlisle, Cumbria.
Spread over 3 storeys, the purpose-built development will provide high-quality, contemporary accommodation for residents, with ensuite wet rooms and a range of premium facilities including private dining areas. The development was completed at the end of 2022.
Puma Property Finance is committed to helping experienced care operators address the acute shortage of suitable care home accommodation for the elderly. It has funded more than 1,000 new care beds in developments from Lancashire to Wolverhampton, Merseyside, Manchester and Cumbria.