--- title: Fitch Affirms the Moorings, Inc. Underlying Credit Rating A+ description: Dan Lavender, CEO and President of Moorings Park, today announced that Fitch Ratings has affirmed the A+ underlying ratings on Moorings Park. image: https://www.mooringspark.org/hubfs/dan-lavender@3x.jpg --- - [Careers](https://www.mooringspark.org/get-to-know-us/careers/) - [Events](https://www.mooringspark.org/upcoming-events) - Phone Numbers - [General Information:239-261-1616](tel:+12392611616) - [Assisted Living & Memory Support:239-261-1616](tel:+12392611616) - [Outpatient Therapy:239-919-1755](tel:+12399191755) - [Skilled Nursing:239-643-9133](tel:+12396439133) [![](https://www.mooringspark.org/hs-fs/hubfs/Moorings%20Park%20Communities%20Logo%20in%20Flat%20Color%20-%20PNG.png?width=188&height=75&name=Moorings%20Park%20Communities%20Logo%20in%20Flat%20Color%20-%20PNG.png)](https://www.mooringspark.org/) - [LIFESTYLE](https://www.mooringspark.org/freedom-to-choose/an-active-lifestyle/) - [HEALTHCARE](https://www.mooringspark.org/health-wellness) - [The Center for Healthy Living](https://www.mooringspark.org/health-wellness/the-center-for-healthy-living/) - [Physician Services](https://www.mooringspark.org/health-wellness/physician-services/) - [Outpatient Therapy](https://www.mooringspark.org/health-wellness/outpatient-therapy/) - [Assisted Living with Memory Support](https://www.mooringspark.org/health-wellness/naples-assisted-living-memory-support) - [Skilled Nursing](https://www.mooringspark.org/chateau) - [Home Health](https://www.mooringspark.org/mpil-disclaimer/) - COMMUNITIES - [Moorings Park](https://www.mooringspark.org/moorings-park) - [Moorings Park at Grey Oaks](https://www.mooringspark.org/moorings-park-at-grey-oaks) - [Moorings Park Grande Lake](https://www.mooringspark.org/moorings-park-grande-lake) - [ABOUT US](https://www.mooringspark.org/get-to-know-us/about-us/) - RESOURCES - [News](https://www.mooringspark.org/news) - [Photo Gallery](https://www.mooringspark.org/connect-with-us/photo-gallery/) - [Video Gallery](https://www.mooringspark.org/connect-with-us/video-gallery/) - [Information Kits](https://www.mooringspark.org/connect-with-us/download-brochures/) - [CONTACT US](https://www.mooringspark.org/connect-with-us/contact-us/) This is a search field with an auto-suggest feature attached. - There are no suggestions because the search field is empty. ## NEWS & UPDATES This is a search field with an auto-suggest feature attached. - There are no suggestions because the search field is empty. # Fitch Affirms the Moorings, Inc. Underlying Credit Rating A+ October 14, 2009 Updated on April 07, 2022 --- ![dan-lavender@3x](https://www.mooringspark.org/hs-fs/hubfs/dan-lavender@3x.jpg?width=370&name=dan-lavender@3x.jpg)Dan Lavender, CEO and President of Moorings Park, a Continuing Care Retirement Community in Naples, today announced that Fitch Ratings has affirmed the A+ underlying ratings on Moorings Park. In the announcement Fitch noted “The Moorings has consistently had occupancy rates above 90% in their independent living and health care areas over the past 7 years which has resulted in solid profitability and strong debt service coverage that has been consistently higher than Fitch’s median for ‘A’ rated facilities. Lavender noted the “strength and breadth of the company’s resources" as well as the organization’s “governance by a board of accomplished local individuals with a solid business plan and an executive management team with the vision, talent and experience to execute it” among the leading factors. Moorings Park is the only retirement community in the nation to achieve the A+ rating. In 1998 Fitch raised the company rating from A- to A. Then Moorings Park was upgraded to an A+ rating in 2006. The A+ rating is an excellent indicator of Moorings Park’s record of financial stability and shows the confidence that the independent agency has in the company’s ability to carry debt. “Our mission is to be the premier provider of facilities, programs and services for successful aging,” announced Lavender, “the A+ rating underscores the fact that Moorings Park has incredible financial strength to serve current and future residents.” This rating will be beneficial to current and future residents of Moorings Park, and will save the community substantial interest costs when financing the company’s strategic objectives. Moorings Park already has a strong sense of social responsibility not only to its residents and employees but also to the community. “We are proud and excited about receiving the A+ rating”, said Trish Biebricher, Vice President of Marketing & Communications, “we have always been a strong economic force in the community and this recognition shows that we have a solid foundation to continue our tradition of excellence”. [![Subscribe to our newsletter](https://no-cache.hubspot.com/cta/default/3391235/f90cf823-2a19-49cf-af6a-325b636bbc66.png)](https://cta-redirect.hubspot.com/cta/redirect/3391235/f90cf823-2a19-49cf-af6a-325b636bbc66) #### Schedule a Visit to one of our Campuses Want to learn more about Moorings Park and our three stunning campuses? Schedule a visit to see for yourself.  [Schedule Now](https://www.mooringspark.org/connect-here/schedule-a-tour) #### Download our Retirement Information Kit to Learn More [Download](https://www.mooringspark.org/overview-brochure) [![Sidebar Image](https://cdn2.hubspot.net/hubfs/3391235/MPGLBrochure.png?noresize "MPGLBrochure.png")](https://www.mooringspark.org/moorings-park/brochure) ## Related Articles ### [Moorings Park Communities’ S&P A+ Ratings Affirmed](https://www.mooringspark.org/news/moorings-park-communities-sp-a-ratings-affirmed) September 07, 2023 Moorings Park Communities announced that its A+ ratings by Standard & Poor’s Global Ratings (S&P) have been affirmed. [Read More **](https://www.mooringspark.org/news/moorings-park-communities-sp-a-ratings-affirmed) --- #### Communities ** [Moorings Park](https://www.mooringspark.org/moorings-park) **120 Moorings Park Drive Naples, FL 34105 239-643-9111 **[Moorings Park at Grey Oaks](https://www.mooringspark.org/moorings-park-at-grey-oaks) **2591 Rue du Jardin Naples, FL 34105 239-919-1711 **[Moorings Park Grande Lake](https://www.mooringspark.org/moorings-park-grande-lake) **7410 Little Lane Naples, FL 34105 239-919-1620 #### Stay Up To Date ** Subscribe to our email updates** --- ![EqualHousingOpportunity](https://f.hubspotusercontent30.net/hubfs/3391235/resizedMooringspark/ResisedNewEqualHousing.png "NewEqualHousing.png") ![](https://f.hubspotusercontent30.net/hubfs/3391235/resizedMooringspark/Resized-logo-carf.png "logo-carf.png") [** ](https://www.mooringspark.org/news/fitch-affirms-the-moorings-inc-underlying-credit-rating-a#) ** ![](https://www.facebook.com/tr?id=1491951420888625&ev=PageView&noscript=1) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Moorings Park Communities", "url" : "https://www.mooringspark.org/news/author/moorings-park-communities" }, "dateModified" : "2022-04-07T17:32:31.155Z", "datePublished" : "2009-10-14T16:00:51.000Z", "headline" : "Fitch Affirms the Moorings, Inc. 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