Sunrise Investments Reconciliation:

($’s in millions)                       Total As of       Remaining      

3Q2012

4Q2012

1/9/2013

Today

2013E

Total
Debt Assumed (1) $397.8 $397.8 $96.2 $494.0
Cash Required

$243.5

$819.5

$1,987.4

$3,050.4

$729.8

$3,780.2
Acquisition Amount $243.5

$819.5
$2,385.2

$3,448.2
$826.0

$4,274.2
(1)   Debt assumed is net of payoffs that occurred as of closing or are expected to occur shortly after respective closing dates.
 

Sunrise Senior Living Management Company Sale:

Immediately prior to the acquisition of the Sunrise property portfolio, an entity led by affiliates of Kohlberg Kravis Roberts & Co. L.P. and affiliates of Beecken Petty O’Keefe & Company acquired the Sunrise management company for approximately $130 million, with Health Care REIT investing approximately $26 million for a 20% ownership interest. The Sunrise management company will employ the employees of Sunrise Senior Living and operate under the “Sunrise” name and brand.

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