Impact Healthcare REIT PLC (LSE:IHR) entered into an agreement to acquire Yew Tree Care Centre from Monarch Alternative Capital LP for £2.8 million on September 21, 2018. Under the terms of the agreement, Impact agreed to pay an initial consideration of £2.8 million, which included the acquisition costs incurred by Impact. The Yew Tree Care Centre will then be leased to Prestige Care Group on a long term lease. Impact has agreed to some deferred, performance linked payments to Prestige which are conditional upon Prestige improving the level of care provided at Yew Tree and the financial performance of Yew Tree. The completion of the transaction is conditional upon the regulatory approvals from the Care Quality Commission for the reorganization of the management arrangements. Joe Winkley and Neil Langford of Winterflood Securities Limited acted as the financial advisors to Impact Healthcare REIT PLC (LSE:IHR). Impact Healthcare REIT PLC (LSE:IHR) completed the acquisition of Yew Tree Care Centre from Monarch Alternative Capital LP on January 21, 2019.