Meadow Partners (“Meadow”), an institutional middle-market real estate private equity investor, and Knight Frank’s Seniors Housing and Equity Advisory teams today announced that Meadow has partnered with the Affordable Housing & Healthcare Group (AHH), one of the UK’s leading providers of senior living shared ownership housing. Under the terms of the partnership, Meadow has acquired six existing schemes, comprised of 550 apartments located across the Southwest of England, and will seek to fund an initial pipeline of an additional 500 apartments. The combined value of the existing assets and future pipeline is approximately £500 million.

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AHH operates a vertically integrated platform that originates, delivers, manages, and operates affordable shared ownership communities through its fully owned Registered Provider of Social Housing. AHH’s model typically involves selling 50% of each retirement living unit at practical completion, with homeowners renting the remaining share. This structure creates long-term rental cash flows that are contracted to grow annually with inflation.

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J. Andrew McDaniel, Founding Partner of Meadow, said: “Meadow has long observed the UK senior living residential market and we are pleased to have identified AHH as our first investment. AHH has developed a high-quality, recently constructed product with an attractive ownership model. We believe the current and future portfolio will benefit from the demographic trends of the UK’s aging population and growing demand for specialized housing options. We look forward to growing the portfolio together.”

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Tom Scaife, Head of Seniors Housing at Knight Frank, commented: “This partnership between AHH and Meadow Partners marks a significant step forward in addressing the growing demand for affordable retirement living options in the UK. The shared ownership model offers an innovative solution for older adults seeking to downsize while maintaining a stake in property ownership.”

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Emma Winning, Head of Equity at Knight Frank Capital Advisory (KFCA), added: “We are pleased to have facilitated this substantial investment from Meadow Partners into AHH’s platform. This funding will enable AHH to expand its portfolio and continue providing high-quality shared ownership housing, particularly in the retirement living sector.”

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For more information, please contact:

Meadow Partners

Mark Semer / Grace Cartwright

Gasthalter & Co.

(212) 257-4170

meadowpartners@gasthalter.com