Elysian Residences has secured a £16 million co-loan from OakNorth and REL Finance to support its ongoing expansion in the UK retirement living sector. The funding will enable the specialist developer and operator to accelerate the delivery of new high-quality apartment developments for seniors across the country.

The financing supports Elysian Residences’ mission to expand its portfolio of luxury retirement apartments, providing more living options for older adults within its current and future development pipeline. By enhancing its offering, the company continues to respond to growing demand for premium, service-led retirement communities that promote independence and wellbeing.

OakNorth and REL Finance jointly provided the £16 million facility, continuing their established relationship with Elysian Residences. Both lenders have worked with the company on previous projects, demonstrating their ongoing confidence in its track record and future growth plans.

This investment reflects the strength and resilience of the UK retirement living market and reinforces Elysian Residences’ position as a leading player in the sector. The continued support from OakNorth and REL Finance highlights the strong market demand for high-quality retirement communities and the long-term potential of the later-living industry.