Long-Term Care: Fitch: CCRC Sector's 2002 Looking No Better Than 2001

Albano, Christine
January 2002
Bond Buyer;1/16/2002, Vol. 339 Issue 31305, p31
Trade Publication
Reports that according to U.S. rating agency Fitch Ratings Inc., the continuing care retirement communities (CCRC) sector in the U.S. will not be able to recover from the recession that it faced in 2001. Possibility of a decline in profitability and debt service coverage of the median financial ratios of CCRCs in 2002; Factors affecting overall profitability of CCRCs in 2001.


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