The transaction represents the fifth site Leumi UK has refinanced in the last 18 months and the seventh site since the relationship was established in 2015. The transaction takes Cinnamon’s total facility with the lender to £56m, and brings the total portfolio funded by Leumi UK to 351 registered beds.

Oakley Grange, located on the border of Royal Leamington Spa and the historic market town of Warwick, officially opened in August 2024. It offers 66 fully-furnished en-suite rooms with level-access wet-rooms, as well as a choice of five deluxe care suites.

The new site is part of the Cinnamon Care Collection, an exclusive group of award-winning care homes and retirement villages set in beautiful locations throughout the country. Cinnamon’s current portfolio stands at 23 sites, with a further home currently under development, and it shares first place as a Top 20 Care Home Group in the UK according to the independent review site carehome.co.uk.

Stuart Norris, director at Cinnamon, said: 'Refinancing Oakley Grange represents an important milestone in our strategy as we continue to deliver award-winning care homes for our residents across the UK. As a flexible, speedy and responsive lender, Leumi UK has been instrumental in supporting our growth ambitions, and its specialist expertise in healthcare made expanding our relationship a very easy decision to make.'

Guy Brocklehurst, relationship director at Leumi UK, said: 'We are proud to continue our relationship with Cinnamon, and we look forward to further supporting the Group on its growth journey. This transaction underscores our ongoing commitment to supporting high-quality healthcare projects in the UK, and reinforces our position as a key partner in the care home sector.

The deal showcases the sector knowledge and speed of execution which differentiates Leumi UK.'