LARGEST POSITIVE MOVEMENT IN RANK

Owners

Emeritus Senior Living

2007 Rank 25
2008 Rank 11
Positions Moved: 14
% increase in # of units owned: 47.72%

The Evangelical Lutheran Good Samaritan Society

2007 Rank 19
2008 Rank 15
Positions Moved: 4
% increase in # of units owned: 10.89%

Presbyterian Homes & Services

2007 Rank 24
2008 Rank 21
Positions Moved: 3
% increase in # of units owned: 7.21%

Senior Housing Properties Trust

2007 Rank 9
2008 Rank 7
Positions Moved: 2
% increase in # of units owned: 6.83%

Managers

Erickson Retirement Communities

2006 Rank 10
2007 Rank 7
Positions Moved: 3
% increase in # of units managed: 31.23%

Five Star Quality Care, Inc.

2006 Rank 9
2007 Rank 8
Positions Moved: 1
% increase in # of units managed: 29.42%

Asbury Communities

2006 Rank 41
2007 Rank 32
Positions Moved: 9
% increase in # of units managed: 18.56%

Life Care Retirement Communities, Inc.

2006 Rank 46
2007 Rank 36
Positions Moved: 10
% increase in # of units managed: 18.53%
Owners/Units Managers/Units
▪ Median Portfolio Size 4,727 ▪ Median Portfolio Size 5,022
▪ Mean Portfolio Size 8,320 ▪ Mean Portfolio Size 9,125
▪ Portfolio Size of Largest Owner 31,875 ▪ Portfolio Size of Largest Manager 51,857
▪ Portfolio Size of Owner Ranked #50 2,205 ▪ Portfolio Size of Manager Ranked #50 2,284