Paragon Development Finance has provided a £15.9m funding package to Beechcroft to acquire and develop a later-living scheme in Hartley Wintney, Hampshire. Proposals include a residents’ lounge, guest suite and onsite office providing estate management and maintenance support. Oliver Powlesland, senior relationship director at Paragon, added: “We’re delighted to be supporting Beechcroft on this latest transaction. Construction is due to commence this summer, with the first homes expected to be put on the market next summer. Loading…Earlier this summer, care home developer North Bay Group secured a £13.3m facility from Paragon to fund a development in Chester.