We are excited to share that Fitch Ratings has once again affirmed our A- rating for the Acts Obligated Group. This prestigious rating highlights several important fiscal strengths of Acts:
- Geographic diversity and healthy market position
- Strong financial performance
- Solid occupancy across the organization
- Sound management practices
“Having this excellent rating from Fitch is important because it sends a message of confidence to our residents, our future residents and the investment community about our strong financial health and management practices,” said Susan Ahern, Acts Senior Vice President & Chief Financial Officer.
Acts is one of the premier not-for-profit providers in the senior living industry and is currently among the nation’s largest continuing care retirement community (CCRC) organizations serving more than 10,000 residents in nine states. The A- rating from Fitch places Acts among the top echelon of senior living communities nationwide for financial health and stability. This is great news and further confirmation that the future is incredibly bright at Acts! You can read more about our Fitch rating here.
*The Acts Obligated Group excludes the Acts affiliate communities of Integrace, Heron Point of Chestertown, The Evergreens and Westminster Village, which operate as separate legal entities of Acts.