November 2026
More from this Issue
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Restructuring & the Challenges of Growing Old
One of the most pressing challenges is workforce availability. Senior living providers continue to face shortages of nurses, caregivers, and support staff, -
The Last Advantage: Judgment
As I approach the end of my year as TMA Global President, I’ve found myself doing something we rarely give ourselves time to do in this profession. -
Leading the Leaders: A Look Inside TMA’s CPC
TMA’s strength has always been its chapters. These chapters and international affiliates are the lifeblood of this organization, connecting TMA Global -
Continuing Care Retirement Communities: Best Practices for Navigating Distress
Continuing care retirement communities (CCRCs), also known as life care communities, are a form of senior living community that offers seniors multiple -
Covenant Drift: What Healthcare Lenders & Borrowers Are Missing Between Closing & Default
Private credit is now a core financing source for mid-market healthcare platforms, alongside the broadly syndicated leveraged loan market, and healthcare -
When Residents Move To The Back Of The Line: The Decline Of Entrance Fee Protection In Senior Living Restructurings
For decades, restructuring practitioners in the senior living industry have operated under an unwritten assumption: Residents of entrance fee-based -
The Trials & Tribulations of a Liquidating Trustee in a Continuing Care Retirement Community
In the Henry Ford Village bankruptcy, involving a 134-resident, 89-bed facility in Dearborn, Michigan, the liquidating trustee learned that serving in that -
Occupancy Up, Margins Down? Shifting Trends In Senior Living Distress
For the first time in several years, distress in the senior living industry is not simply a story of weak occupancy. In many markets, demand has returned. -
The Charity Care Crisis Behind the Hospital Bankruptcy Wave
Twenty-five hospital company Chapter 11 filings in three years. Two of them, Steward Health Care and Prospect Medical Holdings, took 47 hospitals into -
Beyond Tariffs: Inventory Valuation, Liquidity & Working Capital Risk
Cost volatility is now a routine part of managing a middle-market business. Margins tend to absorb the effects of tariffs, freight, and energy costs, but -
2026 TMA Awards
TMA Emerging Leader Award Michael Richardson Salem Five Bank TMA Northeastt Congratulations to Michael Richardson, Salem Five Bank, who has been a -
Leadership Spotlight
Senior Vice President, Briar Capital Real Estate Fund LLC TMA Global VP of DEI Q How did you get involved in TMA Global leadership? When it comes to your -
Welcome Newcomers
Arizona Sohum Berdia, 1Direction Global George Cairncross, Lion Technology Finance Ryan Deutsch, Allen, Jones & Giles, PLC Jackson Hendrix, Burch &