Hallmark Care Homes Secures £28m Loan for New Project
Hallmark Care Homes has secured a £28m development loan with the UK’s sixth largest bank, Virgin Money.
The family-run care group has secured the finance funding for the development of two 80-bed care homes in Eastbourne and Bath, which are being built by industry-leading, care home construction company, Savista Developments.
The 60 month loan will fund the development of the new residential, nursing and dementia homes which will feature several state-of-the art features, including; a hair salon, therapy room, café, cinema and ice cream parlour.
The developments will be Hallmark Care Homes’ 20th and 21st care homes.
COO at Hallmark Care Homes, Aneurin Brown said: “We are delighted to be have secured this funding which will help us fulfil our aspirations of building exceptional living environments for older people.
He added: “We are excited to be able to create a luxurious care home for the Eastbourne and Bath community which will include the latest features in care and design and will support people to live an active and fulfilled life.”