Puma Property Finance funds 80-bed Carlisle care home development

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 three 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 is scheduled to complete 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. This latest scheme brings the number of new care beds it has funded in recent years to 1,400 – in developments spanning from Lancashire to Wolverhampton, Merseyside, Manchester and Cumbria.

Tony Throp, Director at Puma Property Finance, commented:

We are pleased to be working with a new care operator; a family run business that has developed and operated care homes all around Yorkshire and the North West. Their latest scheme will bolster the provision of regional healthcare by offering high-quality accommodation to the local residents in Carlisle.

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For more information on any of our lending products, please contact one of our dedicated professionals on 0207 647 8160 or enquiry@pumapropertyfinance.co.uk.