IR pages - Flipbook - Page 8
FINANCIALS
CHECK OUT OUR financial disclosure statements here!
On a consolidated basis, 2024 marked a pivotal year of investment for LifeSpire, setting the
foundation for continued growth. Encouragingly, our net asset position improved by $2.5M,
demonstrating financial resilience and a determined strategic positioning. Despite continued
industry-wide challenges such as staffing pressures and inflation, our communities achieved
strong occupancy thanks to the dedication of our operating teams and their unwavering focus on
resident care. We remain firmly committed to our strategic plan and we are actively expanding
and enhancing our communities and services to empower our residents and position LifeSpire for
sustainable success in the years ahead.
LifeSpire remains comfortably in compliance with its debt covenants, and its debt remains
rated “BBB” by Fitch Ratings, Inc. For more details, please see the most recent tax-exempt bond
continuing disclosure (“EMMA”) filing on our website: lifespireliving.org /financial-disclosures
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