The scheme will deliver private bedrooms with en-suite wetrooms, communal amenities, and 35 parking spaces.
Puma Property Finance has provided a £14m loan to Morrison Community Care Group to fund a new 70-bed care home in Ipswich, Suffolk.
The scheme will deliver private bedrooms with en-suite wetrooms, communal amenities, and 35 parking spaces.
The building will be fully electric and include photovoltaic panels.
Practical completion in Ipswich is forecast for October 2027.
Paul Sokhi, managing director at Morrison Community Care Group, said: “We are delighted to continue our successful partnership with Puma Property Finance.
“There remains a significant shortage of high-quality later living and nursing care facilities across the UK, and we look forward to progressing the scheme with the ambition of delivering another best-in-class care home for the local Ipswich community.
“The proposed development forms part of MCCG’s expanding nationwide pipeline of care home projects, as the business continues to partner with investors, operators, and institutional capital providers to deliver modern, sustainable care facilities across the UK.”
Tony Throp, director and head of healthcare at Puma Property Finance, said: “Supporting MCCG on this scheme reflects our continued focus on backing experienced operators and developers in the healthcare sector.
“This is a well-located site in a market where there is clear demand for high-quality, purpose-built care accommodation, and we are pleased to be providing the funding to help bring the development forward.”
