9: Interpreted structural map extracted from TC (orange lines), AS (green lines) and FVD (blue lines) images with rose diagram for each one.
11: Buffers around structures interpreted from the FVD and AS of the airborne magnetic data.
FVD is considering a capital project for a new skilled nursing center, which would likely require a debt issuance.
Strong occupancy and management's attention to controlling expenses has led to a solid operating performance, with FVD averaging approximately $2.
Fitch expects this figure to moderate, which it has done over the past few years, but it does remain elevated and puts added pressure on FVD to maintain its solid operating performance and high occupancy.
However, given FVD's elevated leverage position, it will be essential for FVD to maintain current levels of operating performance in order to increase its debt capacity at the current rating level.
The Stable Outlook reflects Fitch's belief that FVD will continue its solid financial performance going forward as a result of the strong occupancy levels.
Located in Dublin, Ohio, FVD is a type-A continuing-care retirement community providing 256 independent living units, 46 assisted living units, and 60 nursing beds.
Management notified Fitch that FVD acquired six acres of land that will likely be used for development of more ILUs.
The Stable Outlook reflects Fitch's belief that FVD will continue its strong financial performance going forward as cost pressures continue to be mitigated.
Located in Dublin, Ohio, FVD is a type-A continuing-care retirement community providing 258 independent living units, 46 assisted living units, and 60 nursing beds.