Aquilae Capital Completes £17m Care Home Development Facility

Aquilae Capital are delighted to confirm the completion of a facility for the site acquisition and development of a 105-bed care home, as part of a larger scheme which will also include age restricted housing. Aquilae Capital were mandated when another lender let the client down, structuring a facility of £17m with a specialist Bank lender.

Jeremy Robinson Director of Aquilae Capital quoted " Clearly, we are in a difficult market with a backdrop of tough conditions for both construction and funding, and we were able to use our expertise in negotiating through any difficulties ensuring this deal was delivered on a timely basis. We look forward to working with this client both on further transactions already in the pipeline, having demonstrated the value of top-quality advice"