2004 ASHA 50 OWNERS

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

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