Leading specialist disability accommodation service provider Liverty Housing has extended its partnership with impact investing firm Conscious Investment Management (CIM), with advice from a multi-practice team at Arnold Bloch Leibler.
The latest collaboration will see CIM’s dedicated specialist disability accommodation fund providing the financing for a registered charity to acquire an additional 44 operational SDA dwellings, taking the total number of dwellings CIM has financed in partnership with Liverty Housing to 116, alongside 11 overnight support assistance dwellings.
The transfer of the additional SDA dwellings - located across Victoria, New South Wales and Queensland - is a significant strategic step for Liverty Housing as it moves away from asset ownership to focus on continuing to deliver exemplary services to tenants and driving innovation in the SDA sector.
Arnold Bloch Leibler’s Property & Development team, including partner Gia Cari and lawyer Thomas Polhill, advised on all property aspects of the deal. Corporate and M&A partner Rebecca Zwier and senior associate Jessica Wills advised on the commercial arrangements of the partnership and our Banking & Finance partner Genevieve Sexton advised Liverty Housing and CIM on the financing aspects.
In Liverty Housing’s official announcement, CEO Stuart Miller said the long-standing partnership between Liverty Housing and CIM was based on their shared commitment to providing SDA dwellings and support for tenants with disabilities: “[We] look forward to the positive outcomes of this historic SDA transaction and remain committed to setting new benchmarks for excellence in specialist disability accommodation.”