On the latest episode of the Debtwire Municipals Muni Lowdown podcast, Managing Editor Paul Greaves speaks with reporter Simone Baribeau about the challenges facing continuing care retirement communities (CCRCs).On this podcast, Simone delves into the basket of violated covenants seen in the CCRC space around debt service coverage, liquidity, and occupancy. The discussion turns to the desire of CCRCs to attract “risk tolerant” residents and marketing strategies employed. She also explores the contagion risk faced when a CCRC within geographic proximity of another one that has filed for bankruptcy. Labor costs have become particularly expensive with nurses and food service workers.Simone concludes by discussing the risks posed by weather events and factors involved in turning around a CCRC.As a reporter for Debtwire Municipals, Simone Baribeau covers the Puerto Rico and healthcare beats.#CCRCs #seniorliving #muniland

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