SQLC’s retirement homes nearly double management fees following Greystone removal

This piece first published October 11, 2017, Debtwire Municipals.

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Improved operating margins or fewer covenant violations are two indicators that would suggest the new management is worth the additional cost at Senior Qualities Lifestyles Corporation (SQLC), which nearly doubled management fees at the company’s continuing care retirement communities (CCRCs), on individual credits, said two bondholders.

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