Senior Loan – Specialist Care Portfolio

Overview

ASK Partners provided a senior loan facility to support the refinance of a UK-based specialist care and education group. The facility enabled the borrower to refinance existing debt and execute the next stage of their growth strategy for the business. The underlying portfolio comprises multiple freehold assets providing residential care, supported living, and education for adults with complex care needs. Operating under a robust regulatory framework, the business has a long-established reputation for delivering high-quality, person-centred care.

Lending rationale

The borrower, an affiliate of Blandford Capital, a London-based private investment firm focused on supporting companies navigate special situations, required a lender with the capability to structure a loan around both operational performance and underlying real estate value. ASK’s experience in funding operational assets enabled a bespoke solution that met the borrower’s refinancing objectives and provided the flexibility needed to meet the requirements of an active business plan.

Mike Ginsberg, Investment Analyst, ASK

“This transaction highlights ASK’s capability to fund operational real estate assets where underlying performance and asset value are connected. Our ability to assess and structure around these dynamics allowed us to provide capital in a situation that required both speed and a flexible approach, reinforcing ASK’s reputation for delivering bespoke funding solutions across complex, income-producing assets.”

Adam Driver, Partner, Blandford Capital

“We valued ASK’s collaborative approach and deep understanding of the nuances within operational businesses and real estate. They worked closely with us to deliver a facility that met our refinancing objectives as the business moves to the next phase of its growth plan.”