The 71-bed facility is being provided by MACC Care Properties which is acquiring the brownfield site on Shaftmoor Lane in Hall Green.

The 44,132 sq ft purpose-built care home will be MACC Care’s 21st to date.

This deal was led on behalf of Paragon by senior relationship manager Steve Mountain, with support from senior portfolio manager Darren Ellis, and portfolio manager Olly Das.

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“This was a client?led opportunity that required careful structuring over an extended period, but by working collaboratively with the borrower, we were able to deliver a facility that reflects both the strength of the scheme and the long?term fundamentals of the care home sector,” said Steve.

“Diversification is a key focus for Paragon as we respond to sectors that are increasingly critical to the UK’s long?term housing and care needs.”

Dr Naz Nathani, CEO at MACC Care Group, added: “This latest scheme reflects our strong track record of consistent delivery across both development and operations, and our focus on scaling a clinically led, innovative care platform, creating high-quality, luxury care environments.

“We valued the collaborative approach taken by Steve and the wider team in structuring a bespoke, sector-aligned funding solution that recognised the specific requirements of specialist care assets.”