JUNE 13, 2023 – We are delighted to share that Acts has again received an “A- rating” from Fitch Ratings for the Acts Obligated Group. This prestigious financial rating places Acts among the top echelon of senior living communities nationwide and highlights several important strengths of Acts including its scale and geographic diversity; financial strength; solid occupancy across the organization; and sound management practices. Acts is one of the nation’s largest continuing care retirement community (CCRC) organizations serving more than 10,000 residents in nine states.
Fitch’s rating criteria includes a comprehensive review process to assess several key financial metrics, as well as the organization’s performance, management skillset, and the senior living market overall.
“This excellent rating from Fitch is a major achievement, and important as it communicates 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. “Having our A- rating reaffirmed by Fitch speaks highly of our financial stability and the bright future of Acts.”
