An affiliate of Foundation Partners has completed the acquisition of Runwood Homes, which runs 55 care homes in England, in a £615m deal financed by Omega Healthcare Investors, the US healthcare real-estate investment trust said on 3 November 2026.
Why Foundation Partners (Evera Living), financed by Omega Healthcare Investors is buying Runwood Homes
The deal expands Omega's and Foundation's UK care portfolios. The homes will be operated by Evera Living, Foundation's care platform.
Deal terms and financing
Omega funded a £631.7m (US$845.7m) mortgage loan secured by 48 UK care homes and leasehold interests in seven others. The loan carries an initial rate of 8.72%, rising to 8.94% in its second year, and matures in November 2031. Omega also holds a purchase option over the real estate; if exercised, it intends to lease the homes back to Foundation on a long-term basis.
Market context
Runwood Homes was described by LaingBuisson as one of the largest for-profit care home groups in the UK, with about 3,930 beds. Browne Jacobson acted as sole legal adviser to the sellers.
