It rarely happens but the directors of Fernleigh Gardens in Woodcroft (Adelaide) are refusing to hand the receiver, Korda Mentha, its company records, including all the resident contracts. A number of prospective residents are fearing making substantial losses having bought off the plan.
Breaking news: For Purpose Investment Partners’ aged care platform buys Graeme Croft’s Signature Care
For Purpose Aged Care Australia (FPACA), the aged care provider established by social impact investment vehicle For Purpose Investment Partners (FPIP), is moving forward on its vision of reaching 5,000 beds, acquiring 14 aged care homes – eight on...