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Puma provides £150m in 2024 care home funding



Puma Property Finance lent over £150m to care homes in 2024, delivering 1000 plus beds throughout the year.


Funding was provided for new purpose-built schemes, in locations such as Surrey, Devon, Oxfordshire, Leicestershire and Essex, which created over 400 care beds.

This was in addition to nine new Puma-funded care homes which opened in 2024, delivering a 600 plus beds at locations including Shropshire, Greater Manchester, West Sussex and Kent.

In total, Puma has now funded over £665m of care homes across 39 schemes and provided approximately 2,800 care beds.

"From our experience, larger lenders and mainstream banks typically focus on refinancing existing care homes, instead of funding new-build developments, because, by their very nature, there can be potential development risk,” said Tony Throp, director and head of healthcare at Puma Property Finance (pictured above).

“However, with Puma’s long established track record in the development finance space across multiple asset classes, including the care home sector, we prioritise our efforts on developing new schemes, adding substantial new care beds to the UK's infrastructure.”



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