CarePlaces Fund

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We act for the CarePlaces Fund, a £50m Healthcare Fund established to acquire and develop purpose-built care homes for older people.

During 2013 we acted for the Fund in a further two care home projects and a development of 15 close care flats. Our work included obtaining acquisition and development funding from Santander UK Plc (including negotiating the facilities agreements, required security (debenture and legal mortgage); acting on the property acquisitions; and negotiating the suite of construction documents.