Industry | 2010.03.16
Fitch Releases 2010 Senior Living Outlook; Will Host Teleconf on Thursday, March 18th at 2pm ET
NEW YORK--(BUSINESS WIRE)--Fitch Ratings maintains its negative outlook for the U.S. senior living sector as the fragility in the global economic recovery combined with sector specific negative credit factors outweigh the surprising resiliency that Fitch-rated senior living credits have shown in the last year, according to its 2010 industry outlook issued today. Renewal risk on letters of credit, weaker liquidity, higher capital costs and uncertainty in the real estate market are all contributin
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