Credit analysis of nonprofit continuing care retirement communities.
The continuing care retirement community (CCRC) industry's growth has gained the attention of the financial community. As the industry's financial and regulatory environments change, credit analysts are developing analytical tools to evaluate these changes. The following article discusses some of these tools, provides a sample credit profile of a CCRC, and reviews recent accounting changes that will affect CCRC credit analysis.
Siegel
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Ziegler Securities, Walnut Creek, CA, USA.
D000368:Aged; D019985:Benchmarking; D002202:Capital Financing / Q000145:classification*; D005375:Financial Audit; D016852:Housing for the Elderly / Q000145:classification / Q000191:economics*; D006801:Humans; D007449:Investments / Q000191:economics; D009939:Organizations, Nonprofit / Q000145:classification / Q000191:economics*; D014481:United States