£11.7m development loan for 90-bed care home in North Yorkshire
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Loan: Development
Sector: Care Home
Amount: £11,700,000
Location: Northeast England
Status: Live
Initial Deal: September 2021
Puma Property Finance has completed a £11.7 million loan to finance the development of a 90-bed care home in Harrogate, North Yorkshire.
The state-of-the-art development will provide residential care for elderly people, including residents with dementia, and is expected to exceed typical new-build market benchmarks for quality and standards.
Residents will benefit from a range of facilities, including ensuite wet rooms, a hairdressing salon, private dining room, arts and crafts room, cinema, physiotherapy suite, library, coffee shop, activity rooms and landscaped gardens.