11/7/2016 | Care Mortgages

Christie Finance secures finance for UK wide care investment portfolio

Christie Finance, the specialist Commercial Finance Broker, has successfully arranged a finance package of £26,000,000 for twenty-three of Hollyblue Healthcare’s portfolio Residential Care Homes operating in the elderly and specialist care sectors. Tenants include some of the leading healthcare providers in the UK.

The funding provided by a London based Global Investment Bank raises capital to facilitate future acquisitions. Hollyblue Healthcare is owned by funds advised by Monarch Alternative Capital LP (“Monarch”).

Chris Field, Director at Christie Finance, who acted on behalf of Hollyblue Healthcare in securing finance for the portfolio, commented: "With our access to the ‘Whole of the Market’ we were able to source the most commercial facility, which met the bespoke and intricate requirements of this mandate. I am delighted that we have successfully delivered on what was a challenging remit.”

Matthew Glowasky, Managing Principal of Monarch’s European affiliate based in London, comments, “Chris has provided excellent and informative advice on our fundraising efforts over the past few years. His dedicated approach and ability to think outside the box to access the most competitive funding has again paid dividends.”