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NY Times Article on Bankruptcy
Richmond Shreve

Although we have a forum in the members-only section that discusses this, I'm adding a link here in the area visible to the general public. Sunday 1/19 the New York Times published an excellent article on the bankruptcy of a high-end luxury CCRC. There seem to be many financially troubled CCRCs and it can be difficult for prospective residents to discern when the community they are considering is financially sound. NaCCRA offers a number of helpful documents to guide buyers. You will find links to them on the home page. As I write this, one of the documents is classified as "members only" and I haven't succeeded in unlocking it. I am attaching a copy here.


https://www.nytimes.com/2025/01/18/health/retirement-community-bankruptcy.html



Richmond Shreve

NaCCRA Board Member

Forum Moderator

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