Angela Swift Developments has secured development funding from Puma Property Finance for a new 64-bed care home facility in St Helens, Merseyside.
Construction of the care home facility commenced in April this year and the development is expected to complete in late 2024.
Angela Swift, managing director at Angela Swift Developments, said: “There is a huge need for a higher volume of care facilities to be developed over the coming years, to ensure the next generation of elderly citizens are properly cared for in their later years. We are pleased to be working with Puma Property Finance once again and continue to have a strong relationship with the team to fulfil a growing supply gap. We hope to work with the team once again the future.”
Tony Throp, director at Puma Property Finance, added: “We’re delighted to be working with the team at Angela Swift Developments once again, in what has been a fruitful working-relationship over the past three years.
“As it stands, the care home sector is set to reach capacity in the not-so-distant future, and with the over 65s population growing, the need for more care facilities is becoming urgent. We’re dedicated to supporting development in the sector across the UK, and this new facility in Merseyside is evidence of that.”
