50 LARGEST U.S. SENIORS HOUSING OWNERS AS OF JULY 1, 2004

Rank Company CEO 2004 Units 2004 Properties
1 Colson & Colson/Holiday Retirement Corp.
Salem, OR
William E. Colson 33,628 283
2 Nationwide Health Properties, Inc.
Newport Beach, CA
Douglas M. Pasquale 17,227 214
3 CNL Retirement Properties, Inc.
Orlando, FL
Thomas J. Hutchinson III 16,202 144
4 Boston Capital
Boston, MA
John P. Manning 14,500 260
5 Health Care REIT, Inc.
Toledo, OH
George L. Chapman 14,370 221
6 Senior Housing Properties Trust
Newton, MA
David J. Hegarty 14,191 87
7 Atria Senior Living Group
Louisville, KY
John A. Moore 13,580 127
8 Sunrise Senior Living
McLean, VA
Paul J. Klaassen 11,448 162
9 Health Care Property Investors, Inc.
Long Beach, CA
James F. “Jay” Flaherty III 11,231 100
10 Merrill Gardens
Seattle, WA
William Pettit 7,712 62
11 Prime Care Properties, LLC
Indianapolis, IN
Jay L. Hicks 6,950 62
12 Brookdale Living Communities, Inc.
Chicago, IL
Mark J. Schulte 6,895 34
13 Erickson Retirement Communities, LLC
Baltimore, MD
John C. Erickson 6,748 9
14 ACTS Retirement-Life Communities, Inc.
West Point, PA
Rev. George R. Gunn, Jr. 6,646 17
15 Simpson Housing Solutions, LLC
Long Beach, CA
Michael A. Costa 6,514 69
16 First Centrum, LLC
Sterling, VA
Mark L. Weshinskey 6,327 93
17 Evangelical Lutheran Good Samaritan Society
Sioux Falls, SD
David Horazdovsky 6,263 108
18 Alterra Healthcare Corporation
Milwaukee, WI
Mark Ohlendorf 5,640 127
19 Capital Senior Living Corporation
Dallas, TX
Lawrence A. Cohen 5,469 41
20 The Shelter Group, LLP
Baltimore, MD
Arnold I. Richman 5,306 47
21 Classic Residence by Hyatt
Chicago, IL
Penny S. Pritzker 5,249 17
22 The Fountains
Tucson, AZ
David Freshwater 4,822 18
23 Assisted Living Concepts, Inc.
Dallas, TX
Steven L. Vick 4,733 122
24 Covenant Retirement Communities
Chicago, IL
Rick K. Fisk 4,598 15
25 LTC Properties, Inc.
Malibu, CA
Andre Dimitriadis 4,182 88
26 Retirement Housing Foundation
Long Beach, CA
Dr. Laverne R. Joseph 4,169 19
27 Senior Lifestyle Corporation
Chicago, IL
William B. Kaplan 4,005 35
28 Lytle Enterprises, LLC
Bellevue, WA
Charles S. Lytle 3,863 28
29 Hearthstone Assisted Living, Inc.
Houston, TX
Timothy P. Hekker 3,809 32
30 USA Properties Fund
Roseville, CA
Geoffrey C. Brown 3,771 24
31 Healthcare Realty Trust
Nashville, TN
David R. Emery 3,570 45
32 Life Care Retirement Communities
Des Moines, IA
John J. Kaduce 3,392 10
33 American Retirement Corporation
Brentwood, TN
W.E. Sheriff 3,367 19
34 American House Senior Living Residences
Bloomfield Hills, MI
J. Robert Gillette 3,164 31
35 Kisco Senior Living
Carlsbad, CA
Andrew S. Kohlberg 3,027 20
36 Ventas Healthcare Properties, Inc.
Louisville, KY
Debra A. Cafaro 3,022 25
37 Southern California Presbyterian Homes
Glendale, CA
Jerry Dingivan 3,016 32
38 Front Porch
Burbank, CA
Mort Swales/Gary Wheeler 2,944 13
39 Southern Assisted Living, Inc.
Chapel Hill, NC
Chris Hollister 2,930 42
40 National Benevolent Association of the Christian Church
St. Louis, MO
Cynthia R. Doughtery 2,888 11
41 Americare
Sikeston, MO
Clay Crosson 2,840 77
42 Justus Rental Properties, Inc.
Indianapolis, IN
Walter Justus 2,806 9
43 LifeTrust America, Inc.
Nashville, TN
W. Patrick Mulloy II 2,704 48
44 American Baptist Homes of the West
Pleasanton, CA
David B. Ferguson 2,669 11
45 Asbury Services, Inc.
Gaithersburg, MD
Edwin C. Thomas III 2,343 5
46 Christian Homes, Inc.
Lincoln, IL
Tim Phillippe, PhD. 2,319 15
47 Life Care Services, LLC
Des Moines, IA
Stan Thurston 2,306 14
48 FountainGlen Properties, LP
Newport Beach, CA
Glen L. Carpenter 2,250 11
49 George M. Leader Family Corp.
Hershey, PA
G. Michael Leader III 2,233 10
50 Carefree Holdings, LP
Las Vegas, NV
Kenneth L. Templeton 2,168 9