Fitch affirms Buckner Retirement Services ‘A’ rating
DALLAS – Buckner Retirement Services received an ‘A’ rating earlier this week from the Fitch Group on its financial outlook. Fitch is a global agency that provides financial information services to businesses and organizations.
The rating is based off many different factors but essentially looks at how Buckner Retirement operates and the financial stability of Buckner Foundation.
The key rating drivers include the support of Buckner Foundation; the high occupancy rate at Buckner Retirement communities and consistent financial performance.
Buckner Retirement is one of the only retirement community organizations to have an A rating, which is a top rating through Fitch.
To read the full report, click here.
Buckner operates five continuing care retirement communities and two independent living communities: Buckner Westminster Place in Longview, Texas; Parkway Place in Houston; Buckner Villas in Austin; Calder Woods in Beaumont; Baptist Retirement Community in San Angelo; The Woodlands in Burnet; and Buckner Retirement Village in Dallas. Buckner plans to open Ventana by Buckner in North Dallas in 2018.
Buckner Retirement Services, Inc. is one of the largest not-for-profit senior living organizations in Texas dedicated to enhancing the quality of life for senior adults and their families by promoting an active, healthy Christian lifestyle while maintaining their independence and dignity. Buckner Retirement Services is part of Buckner International, a global faith-based ministry serving people each year in the United States and worldwide.