Trinity Terrace Receives Strong Fitch Rating

December 4, 2014

Fitch Ratings assigned a BBB+ rating to Trinity Terrace’s Tarrant County Cultural Education Facilities Finance Corporation revenue refunding bonds. Fitch says it assigned this strong rating because of Trinity Terrace’s healthy liquidity metrics; its strong independent living occupancy rates, which maintained solid at more than 90% over the last four years; the demand for the new River Tower project; and its adequate profitability. Please read our press release for more details.