NGA Care has completed the off-market sale of two purpose built care homes in the West Midlands.
The homes – Boldmere Court Care Home, Sutton Coldfield, and The Village Nursing Home, Brierley Hill – have been acquired by a US based Real Estate Investment Trust (REIT) and will be operated under a long term lease by Kinly Care.
NGA Care MD Nick Greaves said: “We are extremely proud to have handled this off market transaction. These are high performing, purpose built assets delivering essential complex care services, and we are pleased to have supported our client in achieving a successful retirement outcome while securing a strong operational future for both homes.”
Kinly Care CEO Eddie Coomes added: “These acquisitions represent an important step forward for Kinly Care. Our strategy is focused on developing complex care services that support people at their most vulnerable – whether they are transitioning from hospital or can no longer be supported safely at home.”
