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Croft Avenue home in Cumbria sold to PH Care Group

PH Care Group has successfully purchased its seventh care home, Croft Avenue in Cumbria, to add to its burgeoning portfolio.

Croft Avenue offers residential care and support for up to 30 residents. It sits in a quiet residential area less than a mile from Penrith town centre in Cumbria.

Established in 2009, PH Care Group owns and operates six other care homes across the north of England and secured funding for the purchase of Croft Avenue through Christie Finance.

Kim Rogerson of PH Care Group said: “When Croft Avenue became available for purchase, we felt that the time was right to expand with the property being in the right location for us and having a lot of potential for the future. We had previously worked with Alena at Christie Finance having an already established relationship in place speeded up the process. The market is currently quite tricky, but we managed to find a funding solution in the challenging post-covid climate.”

Alena Ray, associate director at Christie Finance, added: “It was an absolute pleasure to work with Kim and Phil. They have their finger on the pulse when it comes to understanding the needs of their residents and they are committed to providing an exceptional level of care. With an ever-changing lending landscape in the care sector, it was important to source a lending solution that would complement their current and future needs. I am extremely pleased that I was able to assist the Rogersons, and I wish them all the success.”

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Upcoming Events

Care England Conference

Church House Conference Centre, Westminster, London
16th March 2023

UK Care Week

NEC, Birmingham
22 March 2023 - 23 March 2023

The Residential & Home Care Show, part of Health Plus Care

ExCel, London
26 April 2023 - 27 April 2023

Health and Social Care Workforce: Wellbeing, Integration and Sustainability

Kings Place, 90 York Way, London, N1 9AG
18th May 2023

Care & Occupational Therapy Show 2023

Westpoint Arena, Exeter
Tuesday 11th July 2023

The Care Show 2023

National Exhibition Centre, Birmingham
11th October - 12th October 2023

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