At least three deals from nursing home operators or owner/operators are currently in the market or on their way, despite recent newspaper reports of turmoil in the U.K. nursing home sector.

The first to launch was a GBP195 million ($319 million) deal from Westminster Health Care, via lead manager Barclays Capital. It is the first long-dated fixed rate securitization from a nursing home owner/operator, as the previous deals in the sector were backed by the leases paid by multiple operators to the home owners, plus the ownership of the homes themselves.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.