Both the FT and the Sunday Times are suggesting that the hedge-funders who took on the debt at McCarthy and Stone could be in for a killing if it floats next year for £500 million. Both papers report that says hedge fund owners pumped £367 million of equity and a five-year loan to slash borrowings.
The Campaign for Housing in Later Life has been traced back to the Bournemouth headquarters of McCarthy and Stone. The website, which seems to have been started last autumn, has a registered IP identification that uses the same postal address as the retirement leasehold developer. Other backers whose logos adorn the website include Peverel, Anchor […]