Events

CCRCs: The Credit Crunch Comes to the Senior Housing Market

Click here to hear audio of the webinar. To save to your computer, right click and select "Save Target As"

Webcast
Wednesday, June 17, 2009
12:30 - 1:30 pm EDT

Just as the market collapse and credit crisis have affected all industries, stress has come to the segment of the senior housing market most dependent on the liquidity of the residential housing market:  continuing care retirement communities (CCRCs).  Lenders, whether bondholders or banks, are faced with an unprecedented surge in troubled facilities, some for operational reasons and others because of the strain of existing financing, the inability to refinance or the erosion of personal net worth.  In this complimentary webcast, members of McDermott's corporate finance, restructuring and health practices will explore the complex issues associated with troubled CCRC projects:

• Understanding the current CCRC bond and debt market liquidity crisis
• Assessing the regulatory schemes for CCRCs and the barriers and traps to successful workouts
• Reviewing the operational and structural challenges facing CCRCs
• Finding practical solutions for lenders and sponsors

MCDERMOTT SPEAKERS

Christopher Donovan
William P. Smith
Monica Neuman

For more information, please contact McDermott Events at mcdermottevents@mwe.com.

Please be advised McDermott has the right to restrict attendance and may limit participation in this event.