14/07/2025
Elevation Advisors LLP (“Elevation”) is pleased to announce that Elevation Credit Partners III (“ECP III”), a new senior housing credit fund advised by Elevation, has completed its first transaction providing financing to LNT Care Developments (“LNT”) and Oyster Care Homes. ECP III’s strategy is to provide high-quality operators and developers of U.K. senior housing real estate with a range of customised loan financing options including investment term loans, development loans, mezzanine loans and preferred equity.
The senior debt facility provides investment term loans to refinance development lending and provide working capital for three newly constructed care homes in Bexhill, Halling, and Yeovil operated by Oyster Care Homes. The homes, comprising 198 wetroom en-suite beds, are built to the latest environmental standards and have an EPC A-rating and BREEAM In-Use ratings of ‘Excellent’. The specification has an all-electric design with solar PV and ground source heat-pumps providing sustainable heating and cooling to the homes.
Oyster Care Homes are a leading operator with excellent care quality, and currently operate 7 care homes in locations across the south of England, with a further pipeline of homes under development by LNT. LNT is a leading UK care home developer with 30+ years’ experience, over 250 sites developed and has a focus on developing standardised real estate that exceeds the latest environmental standards.
Zach Smith, Investment Director at Elevation said: “We are excited to announce this first transaction for our new credit fund focused on offering flexibility and increased choice to best-in-class borrowers. We are delighted to expand our partnership with LNT by providing funding to support its portfolio of next generation real estate with excellent environmental credentials and to begin a partnership with Oyster Care Homes with their excellent management and home staff teams, leading care quality and community engagement. By offering financing that enables high-quality developers and operators to ramp up their business plans, we can support the essential provision of purpose-built senior accommodation and delivery of high-quality care, while giving investors access in scale to this compelling sector.”
About Oyster Care Homes
Oyster Care Homes is a provider of exceptional care services, dedicated to offering care and support that focuses on resident well-being and quality of life.
About LNT Care Developments
LNT delivers market-leading, standardised design homes across the UK through a vertically integrated business model. LNT homes are precision built, quality engineered facilities designed to enable the best care for the resident.
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Disclaimer
This press release is issued by Elevation Advisors LLP, which is authorised and regulated by the Financial Conduct Authority. The information contained herein is provided for informational purposes only and does not constitute investment advice, an offer to buy or sell any financial instrument, or a solicitation of any kind. Past performance is not a reliable indicator of future results. Any forward-looking statements or projections are based on current assumptions and subject to risks and uncertainties that may cause actual outcomes to differ materially. This communication is intended solely for professional clients and eligible counterparties as defined by the FCA. It is not directed at retail clients and should not be relied upon by any person who does not meet the criteria for professional client classification. Investments may involve significant risk, including the potential loss of capital. Recipients should seek independent financial advice before making any investment decisions. While reasonable care has been taken to ensure the accuracy of the information provided, Elevation Advisors LLP makes no representation or warranty as to its completeness or reliability and accepts no liability for any loss arising from reliance on it.
