{"id":1019485,"date":"2026-06-11T09:49:17","date_gmt":"2026-06-11T09:49:17","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/1019485\/"},"modified":"2026-06-11T09:49:17","modified_gmt":"2026-06-11T09:49:17","slug":"paragon-development-finance-funds-new-71-bed-care-home-in-birmingham-the-intermediary","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/1019485\/","title":{"rendered":"Paragon Development Finance funds new 71-bed care home in Birmingham &#8211; The Intermediary"},"content":{"rendered":"<p class=\"astor-article-standfirst\">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.<\/p>\n<p>The Intermediary \u00a0\u00b7\u00a0 https:\/\/theintermediary.co.uk\/2026\/06\/paragon-development-finance-funds-new-71-bed-care-home-in-birmingham\/<\/p>\n<p class=\"wp-block-paragraph\">Paragon Development Finance provided funding to MACC Care Properties for the acquisition and development of a new 71-bed care home in Birmingham.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">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.<\/p>\n<p class=\"wp-block-paragraph\">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.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Mountain said: \u201cThis 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.<\/p>\n<p class=\"wp-block-paragraph\">\u201cDiversification is a key focus for Paragon as we respond to sectors that are increasingly critical to the UK\u2019s long term housing and care needs.\u201d<\/p>\n<p class=\"wp-block-paragraph\">Dr Naz Nathani, chief executive at MACC Care Group, said: \u201cWe are delighted to have worked with Paragon Development Finance on their latest transaction in the care home sector.<\/p>\n<p>Predict &amp; Win &#8211; World Cup 2026<\/p>\n<p class=\"astor-newsletter-headline\">Goal for more this summer.&#13;<br \/>\n&#13;<br \/>\nPredict results, pick the winners and enter Spot the Ball for your chance to win a Sonos home cinema system worth more than \u00a32,000, courtesy of Hampshire Trust Bank.<\/p>\n<p class=\"wp-block-paragraph\">\u201cThis 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.<\/p>\n<p class=\"wp-block-paragraph\">\u201cWe 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.\u201d<\/p>\n<p class=\"wp-block-paragraph\">Nathani added: \u201cAs 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.\u201d<\/p>\n<p>\u00a9 The Intermediary \u00a0\u00b7\u00a0 <\/p>\n","protected":false},"excerpt":{"rendered":"The funding supported the purchase of a brownfield site on Shaftmoor Lane in Hall Green and the development&hellip;\n","protected":false},"author":2,"featured_media":1019486,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[7820],"tags":[855,748,32329,393,4884,282027,88898,16,15],"class_list":["post-1019485","post","type-post","status-publish","format-standard","has-post-thumbnail","category-birmingham","tag-birmingham","tag-britain","tag-care-homes","tag-england","tag-great-britain","tag-paragon-development-finance","tag-property-development","tag-uk","tag-united-kingdom"],"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/1019485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=1019485"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/1019485\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/1019486"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=1019485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=1019485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=1019485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}