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The Royal Star & Garter Homes, the charitable trust running the home, announced in 2011 that it would be selling the building as it did not now meet modern requirements and could not be easily or economically upgraded. The building, which is Grade II listed, was sold in April 2013 for £50 million to a housing developer, London Square, which has restored and converted the building into apartments.
The site was then donated to Queen Mary (consort of George V) in support of her plans to establish a home for paralysed and permanently disabled soldiers. The hotel banqueting hall and ballroom were temporarily used to house disabled soldiers, but they were found to be unsuitable for their specialised needs. Demolition of the hotel buildings commenced in 1919 and from 1920 to 1924 the home's residents were transferred to Sandgate, Kent while the new Star and Garter Home for Disabled Sailors, Soldiers and Airmen was built on the site of the hotel. The new building was dedicated in 1924 as the Women of the Empire's Memorial of the Great War. It was formally opened by George V and Queen Mary on 10 July 1924.
The Star and Garter Home received its royal charter in 1979, adding the prefix "Royal" to its name. Since the opening of the second home at Solihull in 2008 the charity has used a plural form of the name, as "The Royal Star & Garter Homes".
Some of the residents who died at the home were buried in one of two dedicated sections in the nearby Richmond Cemetery. The cemetery contains two plots dedicated to deceased residents from the home, one of which is marked by the Bromhead Memorial, a large classical-style monument listing the names of those not commemorated elsewhere.