Luxury care home provider North Bay has sold a portfolio of six homes across the north of England for £100m.

Spokespeople for the deal described the home as “future-proof and state-of-the-art”, with 100% en-suite wet rooms, solar panels and EV charging units. Two of the homes were commissioned in the summer of 2024, with two due to complete in Q2 2025 and the remainder in Q1 2026.

North Bay, which trades as both St Marys and Highgate Care, will continue to operate the homes following the sale. Knight Frank advised sell side and it’s understood BKR Care Consultancy assisted on the process.

Richard Hoggart, CEO at North Bay, said: “The sale of this portfolio has helped us raise capital to continue to expand our portfolio and deliver vibrant, modern care homes. We look forward to continuing to deliver best-in-class care as operator across these assets.”

Joe Munro at Knight Frank said:“We are pleased to have advised on this market leading transaction which is credit to the excellent care homes developed by North Bay. There continues to be strong investor demand for high-quality, ESG-compliant care homes which in turn can help unlock development and address the long-term undersupply of beds in many UK locations.”