PARKVILLE, MD---Oak Crest Village, Inc., (OCV) the Erickson Living retirement community, announced that Fitch Ratings provided an "A" grade for the Baltimore County, Maryland series 2007A bonds issued on its behalf.
The report noted Oak Crest's continued liquidity growth, solid financials from 2013 and competitive service area as key rating drivers for its recent update.
It also described the community's "ongoing marketing campaigns, large wait list and investment in plant" as factors for the competitive performance of Oak Crest in the Baltimore region.
Fitch Ratings are forward-looking and include analysts' views on future performance. All Fitch credit ratings are subject to certain limitations and disclaimers which can be found at http://fitchratings.com/understandingcreditratings.
More information regarding the Fitch Ratings report regarding Oak Crest Village, Inc. can be found here: http://bit.ly/1nLRGfI.
About Oak Crest: Oak Crest is one of eighteen continuing care retirement communities managed by Erickson Living. Located in Parkville, Maryland the scenic 87-acre campus is home to more than 2,100 residents. Oak Crest is the ideal greater Baltimore retirement destination offering a true sense of community, convenience beyond compare and a sensible financial structure.