C2 Assisted Living Equity Raise £2m

equity post 1

 

Carpe Diem Property have Facilitated an Equity Raise of £2m Equity Funding for a C2 Assisted Living Developer. 

  • CDP are principal developers and we raise equity for our own projects, JV partners and new clients typically between £200k – £5m equity per project.
  • This now takes our finance raises to £30m in the past year and these schemes will deliver over 200 new homes with a GDV of over £170m.
  • In 2020 we want to add to the £30m we have raised in the past 12 months for our own, JV partner and new clients projects.
  • Typical schemes are in the SE, 3-100 units, with and without planning for: residential, care home, assisted living, student, PRS & mixed use / commercial developments.
  • Developers with strong track records and >10% equity to invest in their schemes receive the optimal finance, but please don’t take our word for it.

 

“Carpe Diem Property remain an invaluable, highly creative Equity Capital Advisory Partner.

They continue to assist us in our equity capital raising requirements for our very exciting pipeline of projects where they have also been most helpful in securing.”

CEO – Luxury Accommodation with Assisted Living Developer.

The £2m equity funding was for an unconditional purchase by our JV partner and this was agreed in principal within 48 hours by CDP & a UHNWI Investor who facilitated the deal.

Our JV partner provides luxury 5* C2 Assisted Living (2-bed cottages & apartments) for over 55+ market in the SE, with a care hub providing domiciliary care & 24-hour monitoring.

equity post 1   Inside interior - Pacalis Property Developments  equity post 2

This project will create high quality dwellings which will include a restaurant, guest facilities, function facilities & a prime ‘boutique-style’ clubhouse, with great transport links.

Carpe Diem Property are looking for more clients requiring Equity & Site owners who need a trusted partner to secure planning & build out:

  • London and home counties sites for 3-40 residential / mixed use units – See Requirements.
  • C2 Assisted living sites in the SE UK ideally 3-20 acres for ourselves and our JV partner.

New C2 Assisted Living Sites Required:

  • Sites ideally must be 3 to 20 acres. However, smaller and larger schemes with value add potential will be considered.
  • This can be part of a larger settlement which can be sold off or planning gained & regional house builder develops out.
  • Any business with land that has the potential for planning will be considered.
  • We are currently appraising a range of sites:
    • Golf & polo clubs
    • Stately homes set in palatial garden
    • Nurseries
    • Old manor houses
    • Farms with outbuildings
    • Run down prep and senior schools
    • Failing businesses with land
    • Fields & sites outside settlement areas that can be allocated.
  • All sites must sit on plots that will become inspirational places to live.
  • Joint ventures with owners are encouraged.

Link: https://www.carpediemproperty.com/property-finance/

If you need a trusted partner to raise equity for your projects or need help to find strong target returns for £500k – £10m equity investments with trusted partners.

Please get in touch with Ed Hector on 0207 993 6571 and the CDP team to discuss Equity Investment from £500k+ to receive target returns of >20% IRR pa and to discuss sites.

Chatham, Kent
Equity Investment
£200k

Chatham

Chatham, Kent – Equity Raise 

Summary of the Deal

  • CDP provided the equity to complete the ground works for and 18-unit new build scheme in Chatham.

Carpe Diem Involvement

  • CDP Co invested £200k with an ultra-high net worth family office

Headline Figures

  • GDV: £9m
  • Average sale price £500k-£600k for 3 and 4 beds

Petersfield Retirement Village
Equity Raise
£25m

Petersfield

Petersfield Retirement Village Equity Raise

Summary of Deal

  • CDP advised on the land acquisition and facilitated £25m of funding for a C2 Assisted Living development in Petersfield.
  • The JV funding comprised of a £19m senior debt tranche from Oaknorth, a £5m mezzanine tranche from Cogress and developers equity was provided by CDP and a Family Office.
  • The retirement village scheme consists of 72 luxury cottages and apartments and boutique style club house / care hub  including restaurant and guest facilities.

“Carpe Diem Property remain an invaluable, highly creative Capital Advisory Partner. They have assisted us, not only in our capital raising requirements but also in securing our future site pipeline as JV partners.”

– David, CEO – C2 Residential Developer

Woking, Surrey
Equity Raise
£600k

Woking

Woking, Surrey

Summary of Deal

  • Proposed scheme: Office to residential scheme of 49 units, mixture of 1 and 2 beds units
  • Project Length: 18 months
  • Return: 10% preferred return, 50% profit share, 48% ROC

Carpe Diem Involvement

  • Carpe Diem Property raised a significant proportion of the equity on behalf of the developer.

Headline Figures:

  • Equity Required: £1.7M
  • Total Costs: £8.6M
  • GDV: £11M
  • Profit: £2M
  • Profit on cost: 22%