Elevation Healthcare Properties has acquired land and secured funding for the development of three new care homes, totaling 204 beds, in partnership with Tanglewood Care Homes.

Target Information

Elevation Healthcare Properties (EHP), a real estate fund managed by Elevation Advisors LLP, has successfully acquired land and secured a forward funding agreement to facilitate the development of three modern care homes providing a total of 204 beds. The developments include a 66-bed facility in Holbeach, with LNT Construction as the developer, and two additional care homes in Nottingham with a combined capacity of 138 beds, developed by Tanglewood Care Homes. All three facilities will be leased to Tanglewood.

Tanglewood is a premier operator in Lincolnshire, boasting a 30-year history of delivering exceptional care and support services to over 400 residents. The organization has gained recognition in recent years for its innovative approaches to residential care and has earned several awards for its training programs and community engagement initiatives.

Industry Overview

The demand for quality residential care homes is on the rise in the United Kingdom, particularly in regions like Lincolnshire, where the population is aging and the need for specialized care services increases. The sector has experien