Lush gardens, intimate villas, passive cooling design, walking paths, fountains, multiple restaurants – these aren’t features of an upscale resort, but of a senior living community in Arizona. Those features are part of a newly added independent living neighborhood dubbed “Inspirata Pointe” at Royal Oaks, a continuing care retirement community (CCRC) in Sun City, Arizona. […]
Fitch Ratings revises outlooks on 3 CCRCs Fitch ratings announced ratings outlooks updates on the following continuing care retirement communities: The ratings agency placed the series 2016 senior living revenue bonds issued by the Industrial Development Authority of the City of Glendale, Arizona on behalf of Royal Oaks Life Care Community, operating as Royal Oaks, […]
Continuing care retirement communities (CCRCs) face a challenging market. They are susceptible to economic fluctuations that can tank their occupancy levels, and they cater to an aging population that’s living longer and increasingly wants to age in place at home. But there’s one thing that does work in their favor: a good credit rating — […]
