TM Q5 205 National Investment Center for Seniors Housing & Care (NIC). All rights reserved. Data believed to be accurate but not guaranteed; subject to future revision. This report is a part of the NIC MAP Data Service (NIC MAP). Distribution of this report or any part of this report without prior written consent or license by NIC is prohibited. For license information please contact NIC at 40-267-0504. National Investment Center for Seniors Housing & Care www.nicmap.org
Comp Set Characteristics Top 5 Operators Properties 7 Operator Properties Units Share Units 543 F & F Realty (PID# 67) 48 27.% Avg Age Metros Counties 54 (IL), (IL) Royal Management Corporation (PID# 374) Providence Life Services (PID# 4068) Presence HealthCare (PID# 334) 325 245 84 2.% 5.9%.9% The Daughters of the British Empire (PID# 7594) 59 0.3% Total Number of Operators: 8 Segment Data Q5 Occupancy Quarterly Change Annual Change Average Rent Q5 Annual Change RPI Q5 028 86.6% 386 bps 59 bps $2,28-3.% $,892 Assisted Living 495 87.9% 23 bps -20 bps $3,852.8% $3,360 Memory Care 20 Nursing Care 50 82.3% 240 bps -492 bps $266 4.9% Unit Data Segment Unit Type Unit Mix Occupancy Average Rent Entrance Fee Studio 267 8.9% 85.8% $,422 Bedroom 532 7.7% 86.5% $2,62 $95,96 2 Bedroom 25 7.% 88.4% $3,99 $39,920 3 Bedroom 4 0.5% Assisted Living Studio 370 2.3% 87.6% $3,588 Assisted Living Bedroom 0 3.4% 88.% $4,930 Assisted Living 2 Bedroom 24 0.8% 9.7% $3,392 Memory Care Studio 20 0.7% Nursing Care Beds,464 48.7% 82.0% $264 Occupancy By Unit Type Average Rent By Unit Type 2
Comp Set Properties # ID Name Age Address Metro County Property Type/ Campus Type Units Operator 42 Altenheim, The 30 7824 West Madison St Forest Park,IL 6030 56 The Altenheim German Old Peoples Home of Chicago 2 5356 Aria Post Acute Care 65 4600 N Frontage Rd Hillside,IL 6062 85 Symphony Post Acute Network 3 509 Berkshire Nursing & Rehabilitation 6 8200 Roosevelt Rd Forest Park,IL 6030 232 YAM Management 4 7594 British Home, The (Woodlands, Laurels, Health Care & Rehab) 95 8700 3st St Brookfield,IL 6053 66 93 72 The Daughters of the British Empire 5 67 Concord Place Retirement Community 47 40 W Lake St Melrose Park,IL 6064 254 64 F & F Realty 6 260 Elmhurst Extended Care Center 55 200 E Lake St Elmhurst,IL 6026 04 Individual (#4263) 7 5094 Grove of LaGrange Park, The 35 70 North Lagrange Road Lagrange Park,IL 60526 20 Legacy Health Care 8 3706 Lexington Healthcare Center of Elmhurst 8 420 Butterfield Rd Elmhurst,IL 6026 24 Royal Management Corporation 9 374 Lexington Square of Elmhurst Retirement Community 25 400 Butterfield Rd Elmhurst,IL 6026 287 38 Royal Management Corporation 3
# ID Name Age Address Metro County Property Type/ Campus Type Units Operator 0 4690 Oak Brook Healthcare Centre 55 203 Midwest Rd Oak Brook,IL 60523 56 Lancaster Group 4735 Oakridge Health Care Center 53 30 Oak Ridge Drive Hillside,IL 6062 73 Individual (#4504) 2 4068 Park Place of Elmhurst 3 050-50 Euclid Ave. Elmhurst,IL 6026 8 44 20 37 Providence Life Services 3 334 Presence Casa San Carlo Retirement Community 27 420 N Wolf Rd Melrose Park,IL 6064 84 Presence HealthCare 4 5690 The Scottish Home 05 2800 Des Plaines Ave Riverside,IL 60546 49 36 Illinois St. Andrew Society 5 6796 Victory Centre of River Woods 2 800 Riverwoods Dr Melrose Park,IL 6060 07 Pathway Senior Living 6 6839 Villa Scalabrini Nursing & Rehabilitation Center 64 480 N Wolf Rd Melrose Park,IL 6064 242 Presence HealthCare 7 423 Westchester Health & Rehabilitation 42 290 South Wolf Road Westchester,IL 6054 20 Sava Senior Care 4
Segment Occupancy 5
Segment Average Rent Segment Relative Performance Indicator (RPI) 6
Closed Transactions Date 3/3/205 2/7/205 2/22/204 2/22/204 2/7/204 2/3/204 /26/204 /26/204 0/7/204 0//204 9/30/204 9/3/204 9/2/204 7/3/204 7/3/204 Property Name Wyndemere Parkshore Estates St Andrew Life Center Ballard Nursing Center Wood Glen Nursing & Rehab Center Lincolnwood Place Lakeview Nursing & Rehabilitation Center Mather Pavilion Spring Mill Health Services Bethany Terrace Nursing Center Highland Nursing and Rehab St Agnes Health Care Center Oakton Arms Emeritus at Joliet Emeritus at Joliet Courtyard Address 200 Wyndemere Cir Wheaton, IL 6087 625 S Kenwood Ave 60637 7000 N Newark Ave Niles, IL 6074 9300 Ballard Rd Des Plaines, IL 6006 20 North Ave West 6085 7000 N McCormick Blvd Lincolnwood, IL 6072 735 W Diversey Pkwy 6064 820 Foster St Evanston, IL 6020 0 W 87th Ave Merrillville, IN 4640 8425 Waukegan Rd Morton Grove, IL 60053 9630 5th St Highland, IN 46322 7255 S. Wabash 6066 665 Oakton Pl Des Plaines, IL 6008 3320 Executive Dr Joliet, IL 6043 335 Executive Dr Joliet, IL 6043 Metro Prop. Type/ Campus Type FreeStanding 237 65 30 Tot: 432 38 Tot: 38 09 35 2 55 Tot: 2 Tot: 9 207 Tot: 207 234 25 40 Tot: 299 78 Tot: 78 42 Tot: 42 48 5 46 Tot: 09 72 Tot: 72 38 Tot: 38 97 Tot: 97 02 Tot: 02 0 95 0 0 Tot: 95 0 0 38 0 Tot: 38 Buyer/Seller Buyer: Bridge Investment Group Seller: Life Care Services LLC Cushman & Wakefield Buyer: Parkshore Estates Nursing Realty LLC Seller: Trust 800236499 Buyer: Health & Home Management Seller: Presence Health Senior Living Investment Brokerage Buyer: Health & Home Management Seller: Presence Health Senior Living Investment Brokerage Buyer: Ventas Inc Seller: Platinum Health Care LLC (OH/IN/IL/MO) Buyer: NorthStar Realty Finance Corp Seller: Griffin American Healthcare REIT II Buyer: Infinity Healthcare Management Seller: 735 West Diversey Building LLC Buyer: Symphony Post Acute Network Seller: Mather Lifeways Cain Brothers & Co (NY) Buyer: Trilogy Healthcare Services LLC Seller: Health Care REIT Buyer: Legacy Healthcare Financial Services (IL) Seller: Buyer: ROMA Healthcare (MO) Seller: Ide Management Group Senior Living Investment Brokerage Buyer: Legacy Health Services Seller: Trust 43-6804-9 Buyer: Generations Health Care Property of Des Plaines LLC Seller: Trust 0-3082-09 Marcus & Millichap Co Buyer: Brookdale Senior Living Seller: Emeritus Corporation (WA - INACTIVE) Buyer: Brookdale Senior Living Seller: Emeritus Corporation (WA - INACTIVE) Close Price $44,547,000 $20,384,500 $9,500,000 $7,000,000 $8,700,000 $0,973,452 $,892,00 $6,770,000 $20,594,850 $8,237,940 Price Per Unit Year Built/ Renovated Built: 969 $03,8 995 Built: 975 $64,02 Built: 953 $45,024 Built: 972 $89,005 Built: 989 $90,338 Built: 992 $37,49 Built: 98 Built: 990 Built: 998 Built: 965 Built: 960 $49,790 2005 Built: 983 Built: 988 $66,373 Built: 998 $26,788 Built: 999 $26,788 7
Date 7/3/204 6/2/204 5/2/204 5/5/204 4/4/204 4/4/204 Property Name Emeritus at Arborwood Winfield Woods HarborChase of Plainfield St James Manor & Villas Rittenhouse Senior Living Portage Rittenhouse Senior Living Address 430 Cleveland Rd E Granger, IN 46530 28 West 4 Liberty Road Winfield, IL 6090 2446 S Van Dyke Rd Plainfield, IL 60585 25 E Richton Rd Crete, IL 6047 6235 Sterling Creek Rd Portage, IN 46368 300 Vale Park Rd Valparaiso, IN 46383 Metro Prop. Type/ Campus Type 0 35 9 0 Tot: 54 38 Tot: 38 23 Tot: 23 37 24 0 Tot: 7 30 42 Tot: 72 00 Tot: 00 Buyer/Seller Buyer: Brookdale Senior Living Seller: Emeritus Corporation (WA - INACTIVE) Buyer: Winfield Woods Realty LLC Seller: FNR Winfield LLC Buyer: CNL Financial Group (CNL) Seller: South Bay Partners Ltd Buyer: Extended Care Clinical LLC Seller: Trilogy Healthcare Services LLC Senior Living Investment Brokerage Buyer: Rittenhouse Senior Living Seller: PSLC/VSLC LLC Buyer: Rittenhouse Senior Living Seller: PSLC/VSLC LLC Close Price $9,486,332 $4,860,000 $26,500,000 $5,069,766 $20,930,230 Price Per Unit Built: $75,673 Year Built/ Renovated Built: 97 $35,27 Built: 200 $25,447 Built: 984 Built: 200 $209,302 Built: $209,302 8
GLOSSARY/TERMS Average Rent Care Segment Type Seniors Housing Units Assisted Living Units Memory Care Units Nursing Care Beds Close Price Competitive Set Index Occupancy Entrance Fee Price Per Unit Relative Performance Indicator (RPI) Unit Mix Asking private-room rent plus the average fee for care services. For nursing care, this represents the average per diem private-pay rate for private rooms. Average rent may also be referred to as AMR for independent living, assisted living, and memory care and ADR for nursing care. Levels of care and services provided by the property. This can also be referred to as care segment. One unit of independent living, assisted living or memory care is equivalent to one nursing care bed. The combination of independent living, assisted living, and memory care units. The part or section of the property that provides independent living services. The part or section of the property that provides assisted living services, not including memory care services. The part or section of the property that provides services to persons with Alzheimer s disease or other form of dementia. These are generally separate or secured areas, with specific programming for persons with memory impairment in addition to services provided for persons in assisted living. The part or section of a property that only provides nursing care services. The total sales transaction price. If joint venture interest sold, this price is based on the 00% grossed-up price. Properties specified by the user to be used in analysis. "My Property" divided by the "Competitive Set" for any given metric. If the index value exceeds.0, "My Property" has a higher value than the "Competitive Set". The number of independent living units, assisted living units, memory care units, and nursing care beds that are operational and available for residence. One unit of independent living, assisted living, or memory care is equivalent to one nursing bed. The average unit occupancy of reporting properties. A property that charges a lump sum amount of money paid by a resident at the beginning of their stay that provides the right to occupy the residence. Properties generally charge at least $20,000 for this lump sum payment. This type of property generally charges a monthly fee in addition. The close price divided by the inventory of the portfolio. Data are marked as if there are an insufficient number of properties and/or unique stakeholders reporting data. The sum of occupied inventory multiplied by "Average Rent" for each distinct independent living, assisted living, or memory care unit type divided by total inventory of that care segment. The percent of units of a specific type relative to the total number of units. For example, a property with 50 one-bedroom units and 00 two-bedroom units has a one-bedroom unit mix of 33.3%. This excludes "unknown" units. 9