Assetz Capital

Assetz Capital funds seven-figure deal for care home

Assetz Capital has provided a seven-figure loan to family owned permanent capital care home investment business Curaa to fund the acquisition of a care home in Stansted Mountfitchet, Essex.

Broome End Care Home is a detached manor house over three levels, with 29 single and three double rooms.

The loan from the marketplace lender was used for the entire purchase of the property and introduced by Chandler & Co.

Stuart Benge, relationship director at Assetz Capital, said: “The care sector has grown significantly over the past few years due to the ageing population, and Assetz is keen to support this segment as part of the wider supported living sector.”

Haris Khan, managing director at Curaa Group Ltd, added: “Stuart Benge worked closely alongside our team to ensure the process was right for us and it was great that he could see the big ambitions we have as a family owned business.”

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