Municipal bond defaults are climbing in 2021 — and the senior housing sector is at the top of the pile, according to an analysis from market research firm Municipal Market Analytics, Senior Housing News reports.
For the full year of 2021, the firm has so far recorded 47 first-time payment defaults, representing about $2.4 billion in credit. More than half (27) of the defaults were linked to senior housing communities, which is listed as a “risky” sector for credit along with hospitals, student housing, jails and higher education. Read more.
