Retirement Village and Aged Care lending specialists

Adelaide Bank's Retirement Village and Aged Care Unit is a major lender to the Retirement Village and Aged Care industry and has a strong commitment to funding the industry over the long term. Our staff are dedicated to funding in this sector as their core focus, specialisation and passion!.

Our detailed understanding of the industry and the regulatory framework within which it operates means we can talk the industry language and appreciate the processes that come with being an operator in this sector. This assists to overcome the barriers that can be experienced with other financiers.

Adelaide Bank provides finance for start-up developments as well as established facilities and we aim to add value in all our dealings with our clients, based on our experiences in the sector.

If you are wondering how we developed our specialisation...

We have been active participants in this sector since 1985. Adelaide Bank, through a previous subsidiary Co-operative Retirement Services, was a pioneering operator in the retirement village industry.

As an operator, the Bank owned 14 retirement communities as well as operating 45 retirement communities around Australia at its peak. Through another subsidiary, CRSA, the Bank was one of the largest retirement community consultants in the U.S.A.

The Bank through its subsidiary also assisted in the development of retirement village legislation in both South Australia and Queensland, contributed to South Australia's 10 year plan for the elderly, participated in consultations with the Commonwealth Government on industry taxation issues and sponsored the Council of the Ageing.

Adelaide Bank is no longer an operator however it has generated a substantial lending business to the Retirement Village and Aged Care sectors on the basis of its extensive industry involvement and knowledge. We also retain membership of key industry representative bodies.

Listed below are the Aged Care Managers in your State. Their support staff are also dedicated to this unit for your assistance. .

Retirement Village and Aged Care
lending specialists
operating in your state.

Robert Herbert Business Development Manager VIC & TAS Phone (03) 5485 6612 Mobile 0427 562 031	Paul Sullivan Business Development Manager QLD & NSW & ACT Phone (02) 8282 8285 Mobile 0408 859 800
Graham Hackett Business Development Manager SA & NT Phone (08) 8300 6048 Mobile 0438 800 858	Peter Maddigan Business Development Manager WA Phone (08) 8300 6306 Mobile 0488 176 379
Simon Kewell Head of Joint Ventures, Retirement Living & Aged Care Developments Australia Phone (08) 8220 7829 Mobile 0434 075 272