When Restructuring Financially Distressed CCRCs, Go With Creativity—Not Bankruptcy

Multiple headlines in the not-too-distant past have trumpeted the struggles of some non-profit continuing care retirement communities (CCRCs) that are attributable—at least in part—to their financing structures, and there are bound to be more coming down the pike, those in the market say. But while bankruptcy has traditionally been the main option for these distressed […]