CCRC The Buckingham Files for Bankruptcy, Seeks to Restructure $140M in Bond Debt

A Houston-based continuing care retirement community (CCRC) is the latest campus to file for Chapter 11 bankruptcy protection, as it aims to restructure $140.3 million in bond debt. The CCRC, The Buckingham, cited pressures stemming from multiple challenges including Hurricane Harvey in 2017 and the coronavirus pandemic, which impacted the community’s ability to attract new […]