The developments — which will be located in Wiltshire, Dorset and Somerset — have over 400 units between them and will be built with a range of communal facilities and services.
These services will include a convenience store, hair salon, treatment rooms, fitness and activity suite, bistro/bar, private lounge and a dedicated lifestyle management team.
New homes will be purchased on a government-backed shared ownership basis.
Julian Shaffer, CEO at AHH, said: “We focus on affordable housing and healthcare solutions in sectors where there is a growing need and a shortage of supply.
“Working in partnership with government, we specialise in the delivery and operations of affordable supported retirement communities and premium elderly healthcare infrastructure.
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“With this finance from OakNorth, we’ll be able to have a positive impact on hundreds of people’s lives and bring some much-needed new affordable retirement communities to these counties.”
Matt Leahy, director of debt finance at OakNorth, added: “This part of the housing market in the UK is clearly underserved and AHH [is] delivering a unique proposition that is purely focused around a needs-based model.
“No developer in this space of the market is delivering high-quality schemes that fully cater for the broad residential needs of older people both physically (on-site high service provision amenities), socially (creating communities) and financially (shared equity options on purchase).
“This is a complicated peak debt-lending facility incorporating several retirement schemes at different stages of their development.
“We won the lending tender based on the structure we proposed and our clear understanding of their business.”