The bridging loan allows the firm to launch 207 units across three brand new care home sites, located across the UK.

Secured as a short-term solution, the funding is crucial in providing the care group with the financial flexibility they require, allowing the new developments to become operational and occupied ahead of sourcing a longer-term facility. 

The 207 new build units, forming part of three separate residential sites in the Midlands and the North feature innovative design, with each new home fitted with the latest top of the range technology, ensuring residents are guaranteed a comfortable lifestyle. 

Highly experienced in mixed-use projects, this was the care group’s first collection of completed care home developments.

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Nicholas Christofi, CEO and co-founder of Karis Capital (pictured above), commented: “We founded Karis Capital with the ethos of providing funding solutions to businesses that will truly make a difference and we’re delighted to have been able to support this exciting, emerging care group.

“This was their first foray into care, so we went above and beyond, using our in-depth expertise built over many years and numerous high-profile deals, to guide them through the nuances of this asset class.

“The loan agreed has put them in a stronger position and will provide a period of stabilisation for the business, supporting the initial opening and smooth operation of three top-of-the-range care homes that will make a real difference in their respective communities.”