Fitch Ratings has affirmed its BBB rating on Peninsula United Methodist Homes Inc., and upgraded the outlook to positive from stable. The rating applies to $48 million of revenue bonds.

PUMH is a Delaware-based not-for-profit organization that operates three continuing care retirement communities, or CCRCs.

The rating assessment reflects the benefits realized from its affiliation with ACTS Retirement-Life Communities, which Fitch rates A-minus, resulting in improved financial strength, profitability and performance.

ACTS is one of the nation’s largest not-for-profit continuing care retirement communities and owns and operates a portfolio of 23 CCRCs throughout the East Coast.

“We are pleased that Fitch Ratings has further reinforced our assessment of the benefits realized through the ACTS/PUMH affiliation,” said ACTS president and chief executive, Marvin Mashner. “We view the PUMH communities, residents and staff as a full and integral part of the ACTS family and we are proud of the success this affiliation has generated.”

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