Christie Finance, part of Christie & Co, has secured a £26m finance package for 23 Hollyblue Healthcare elderly and specialist residential care homes.
Hollyblue’s tenants include some of the leading healthcare providers in the UK.
Chris Field, director at Christie Finance who acted on behalf of Hollyblue Healthcare in securing finance for the portfolio, said: “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.”
Hollyblue, which is owned by funds advised by Monarch Alternative Capital, will be use the capital provided by Global Investment Bank for future acquisitions.
Matthew Glowasky, managing principal of Monarch’s European affiliate based in London, added: “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.”