The funding supported the purchase of a brownfield site on Shaftmoor Lane in Hall Green and the development of a 44,132 sq ft purpose-built care home.
The Intermediary · https://theintermediary.co.uk/2026/06/paragon-development-finance-funds-new-71-bed-care-home-in-birmingham/
Paragon Development Finance provided funding to MACC Care Properties for the acquisition and development of a new 71-bed care home in Birmingham.
The funding supported the purchase of a brownfield site on Shaftmoor Lane in Hall Green and the development of a 44,132 sq ft purpose-built care home.
The deal was led by Steve Mountain, senior relationship director at Paragon Development Finance, with support from senior portfolio manager Darren Ellis and portfolio manager Olly Das.
Mountain said: “This was a client led opportunity that required careful structuring over an extended period, but by working collaboratively with the borrower, we were able to deliver a facility that reflects both the strength of the scheme and the long term fundamentals of the care home sector.
“Diversification is a key focus for Paragon as we respond to sectors that are increasingly critical to the UK’s long term housing and care needs.”
Dr Naz Nathani, chief executive at MACC Care Group, said: “We are delighted to have worked with Paragon Development Finance on their latest transaction in the care home sector.
Predict & Win – World Cup 2026
“This latest scheme reflects our strong track record of consistent delivery across both development and operations, and our focus on scaling a clinically led, innovative care platform, creating high-quality, luxury care environments.
“We valued the collaborative approach taken by Steve and the wider team in structuring a bespoke, sector-aligned funding solution that recognised the specific requirements of specialist care assets.”
Nathani added: “As we continue to expand our platform, we look forward to building on this relationship and undertaking further transactions with Paragon to support our ongoing growth.”
© The Intermediary ·