Puma Property Finance

Puma accelerates delivery of new UK care beds with £150m care loans provided in 2025

Puma Property Finance provided over £150 million of care home loans in 2025, creating approximately 800 new care beds across the UK. Added to the existing schemes under construction, Puma is currently supporting the delivery of more than 1,200 care beds UK-wide. To achieve this, it partnered with a variety of experienced care developers and operators, including LNT Care Developments, Care Concern Group, Cinnamon Care Collection, Dunham Care, Zephyr X, Morrison Community Care Group and North Bay Developments.

Since inception, Puma has now provided over £500 million of new care home loans, supporting the delivery of 49 care homes and more than 3,500 new care beds nationwide. 

As part of expanding its flexible funding solutions to care home developers and operators, last year Puma announced a landmark partnership with Madison International Realty, a leading global real estate private equity firm. Madison made a significant cornerstone commitment to underpin the launch of the Puma Real Estate Secured Credit Fund (PRESC), which achieved its first close in December, with immediate deployment into a £150 million seed loan book and the securing of a £100 million back leverage facility from Goldman Sachs.

This progress positions PRESC as a substantial new entrant in UK real estate credit and enables Puma to offer senior development and stabilisation loans of £20 million to £100 million across the Living sector, with a material allocation to the care sector where high quality provision remains in strong demand. 

Puma’s Impact Lending Framework (ILF), which was launched in 2024, also made a significant impact in the care sector last year. Qualification as an Impact Loan under the ILF provides financial benefits to developers in the form of a fee reduction (up to 1.0%) on final repayment of the loan.  

The care sector has been at the forefront of adopting these ESG aligned metrics and take up has been strong. Since launch, there have been over £150 million of ILF care sector loans across 14 developments, with the first anticipating full certification this year. 

 

Commenting, Tony Throp, Director and Head of Healthcare at Puma Property Finance, said:

“Demand for modern, purpose built care homes continues to grow while much of the existing stock ages. Our focus is on bringing new, high quality beds to the market in partnership with experienced developers and operators. In 2025 we expanded both our lending capacity and our product range, which means we can support more schemes from development through to stabilisation. We are proud to play our part in addressing the UK’s care bed shortage and will continue to prioritise sustainable, resident centred homes.”

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