Stability was again the defining characteristic of the U.S. not-for-profit senior living sector in 2007. A new report from Standard & Poor’s Ratings Services indicates that credit trends remained relatively favorable for the 87 senior living organizations for which it maintains debt ratings. However, S&P expects that senior living operations may be strained in the long term due to turbulence in the equity markets and softness in real estate.
The report, U.S. Not-for-Profit Senior Living Sector Shows Continued Stability, Though Some Unrest Is on the Horizon, looks at the sector’s ratings momentum, outlook trends, and the financial median ratios that ratings are in part based on.
The report is available to subscribers of RatingsDirect, the real-time web-based source for S&P’s credit ratings, research, and risk analysis. For more information, call 212-438-5054.
