DJM’s healthcare team has recently acted in substantial transaction which saw Talbot Court Nursing Home in Port Talbot being sold to a new entrant to the South Wales care market.
The transaction shows that appetite in the sector in terms of lending and interest from new operators is still strong. Funding was provided by Barclays Bank Plc.
DJM acted for the outgoing owner Wendy Morris, who had owned and operated the home for over 25 years. The transaction was for a large but undisclosed sum.