Elevation Healthcare Properties has acquired land and forward-funded the development of three high-quality care homes in collaboration with Yorkare Homes, addressing the growing demand for elderly care in the UK.

Target Information

Elevation Healthcare Properties ("EHP"), a real estate fund advised by Elevation Advisors LLP, has successfully acquired land and secured forward-funding for the development of three new high-quality care homes in Bridlington, New Waltham, and York. These care homes are pre-let to Yorkare Homes ("Yorkare"), marking a new operational partnership for EHP.

Yorkare is a reputable, family-owned care home operator and developer with twelve existing facilities renowned for their exceptional standards and award-winning designs. The company has built a strong reputation, with all its operational homes achieving a ‘Good’ or ‘Outstanding’ rating from the Care Quality Commission (CQC).

Industry Overview in the UK

The private care home sector in the UK plays a vital role in providing quality residential services for the elderly, particularly as the population ages. The demand for care facilities has significantly increased in recent years due