SAN FRANCISCO (Standard&Poor's) Dec. 14, 2010--Standard&Poor's Ratings Services changed its rating to 'AAA/A-1+' from 'AAA' on Maricopa County Industrial Development Authority, Ariz.'s adjustable-rate senior living facilities revenue refunding bonds, series 2005A, issued on behalf of Christian Care's Fellowship Square-Phoenix, Oasis Assisted Living-Phoenix, and Fellowship Square-Mesa projects. "The revised rating reflects the conversion of the interest rate on the bonds to a weekly variable rate from the current reset rate on Dec. 15, 2010," said Standard&Poor's credit analyst Karen Fitzgerald. "The rating continues to reflect our view of the strong credit and liquidity enhancement of the bonds provided by a direct-pay credit facility from Fannie Mae." In addition, we affirmed our 'BBB' rating on the
