Broadwood Later Living Sustainable Construction Finance Fund

In November 2024, Broadwood secured institutional backing from funds managed by Aviva Investors to launch the Broadwood Later Living Sustainable Construction Finance Fund, a dedicated credit platform for new‑build care homes and later living schemes. The discretionary Fund, seeded by the Aviva Investors Climate Transition Real Assets LTAF, has initial capacity for £100m of gross lending, and makes a strong contribution to the environmental and social agenda, offering:

• High‑leverage development finance
Loans of up to 90% of total development cost and up to 75% of value, unlocking schemes that would otherwise stall due to equity constraints.

• Whole‑cycle structures
The ability to fund site acquisition, ground‑up development and stabilisation under a single, coherent strategy.

• Operational underwriting
Facilities structured around build programmes, CQC timelines and ramp‑up periods – not generic real estate metrics.

• Sustainable development
Lending support development of environmentally responsible later living and care assets through requirements for fossil fuel free heating, EPC A ratings, low embodied carbon, EV charging infrastructure and positive bio diversity net gain.

This model has allowed Broadwood to step into a funding gap vacated by many traditional banks, while maintaining robust risk management through deep sector expertise.

Broadwood LLSCF Management Limited (FRN 1031450) is an appointed representative of Khepri Advisers Limited (FRN 692447) t/a Suntera UK, which is authorised and regulated by The Financial Conduct Authority.