The New York Times ran an article that talked about the mounting debt of Sunrise Senior Living and Brookdale Senior Living. The article shows some of the challenges that both companies face and how they differ but they share similar issues when it comes to their debt loads and bank covenants. The article mentions that the National Investment Center found fewer than 23,000 units under construction in the 100 biggest metropolitan areas. While supply may be in check, the need to have income and earnings to live/operate and pay down debt for both consumers and corporations is as important as stabilizing housing prices.
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Sunrise Senior Living | Park Ridge, Illinois
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