M&G Real Estate Finance has provided Civitas Social Housing (Civitas), a real estate investment trust investing in UK care-based social homes, with a £84.6m ($118m) loan.
The loan will support continuing growth plans during 2021.
Of M&G’s £65.5bn private and alternative assets business, the real estate finance team has committed over £10bn into commercial mortgages in the UK, Europe, and the US.