BRADENTON, Fla. — Golf, senior citizens, and Florida: what could go wrong?

Yet in St. Augustine, Fla., amid what is billed as the "ultimate golf destination" with championship courses and the Golf Hall of Fame, a golf-linked continuing care retirement community has fallen on hard times.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.