NIC 2012 National Conference Preliminary Program

September 19 - 21, 2012 | Sheraton Chicago Hotel & TowersSeptember 19 - 21, 2012 | Sheraton Chicago Hotel & Towers #NICNational#NICNational

SAVE $150+

SAVE $150+

REGISTER BY AUGUST 1, 2012.

REGISTER BY AUGUST 1, 2012.

22nd NIC National Conference22nd NIC National ConferenceProviding Value in an Evolving LandscapeProviding Value in an Evolving Landscape

Attend the 22nd NIC National ConferenceAttend the 22nd NIC National Conference

Whether you’re providing great value is determined by those receiving it.

If you’re an owner, operator, lender or investor, you share the desire to provide great value to your customers. Success means understanding both the challenges and opportunities in today’s evolving landscape. The 22nd NIC National Conference is happening at a pivotal time. With a presidential campaign in full swing, an unsteady economic recovery, ongoing deficit reduction debates and continued pressure for and experiments in healthcare reform, it’s more important than ever to have the right plan in place.

This must-attend event creates business opportunities, as owners and operators of seniors housing and nursing care properties will get unmatched access to capital providers lending to the seniors housing and care sector. Join more than 1,750 of your peers in attending the most significant industry event of the year.

Industry insights from a noted finance expert and co-creator of the S&P/Case-Shiller Index

Robert J. Shiller is not only one of Bloomberg’s 50 Most Influential People in Global Finance 2011, but he is also a best-selling author and economist. In our Opening General Session interview with Robert G. Kramer, find out Mr. Shiller’s outlook for the economic factors that drive the demand for seniors housing and care and for the capital markets supporting the continued growth of the sector.

Hear from a Washington Insider with Unique Insight into the Post-Acute and LTC Sectors

Former CMS Administrator Tom Scully, General Partner with Welsh, Carson, Anderson and Stowe (WCAS), the largest private equity investor in healthcare, and Senior Counsel with Alston and Bird, LLP, is uniquely positioned to understand the current winds of dramatic change in healthcare driven by state and federal government actions and market-based reforms and what they mean for post-acute care, LTC and seniors housing providers. Come hear a Washington insider and key advisor to private equity discuss the impacts of the Supreme Court decision, the upcoming national elections and the continued budget pressures on Medicare and Medicaid.

Thank you to our Premier Partners!Thank you to our Premier Partners!

And Our Official Partners!And Our Official Partners!

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Craig BernfieldAviv REIT

Daniel BironBerkadia

Steven BlazejewskiPrudential Real Estate Investors

Larry CohenCapital SeniorLiving Corporation

George V. Hager, Jr.Genesis HealthCare, LLC

Doug KoreyContemporary Healthcare Capital

Allen LynchNixon Peabody, LLP

Angela MagoKeyBank RealEstate Capital-Healthcare Investments

John MooreAtria Senior Living

Pat MulloyElmcroft SeniorLiving

Bradley RazookCS Capital Advisors, LLC

Randy RichardsonVi, Chair

Loren ShookSilverado Senior Living

Arnold WhitmanFormation Capital, LLC

Margaret ScottBelmont Village Senior Living

Jim SeymourGE Capital, Healthcare Financial Services

Who Should Attend:Who Should Attend:

C-Level Executives, Vice Presidents and Managers in the Seniors Housing and Long-Term Care Industry, including:

• Owners, Operators and Developers of Seniors Housing and Long-Term Care Properties

• Commercial Finance Companies

• Institutional Investors

• Investment Bankers

• Lending Officers for Banks, Savings & Loans andInsurance Companies

• Venture Capitalists

• Other Debt and Equity Financiers

• Mortgage Brokers

• Pension Fund Managers and Advisors

• Real Estate Managers and Advisors

• Securities Analysts and Research Professionals

Registration Includes:Registration Includes:

• Access to Dedicated Networking Lounges for Your Meetings

• Wednesday Evening Opening Reception

• Thursday Evening Meet the Investors Networking Reception

• Two Keynote Presentations and One Special General Session

• Unparalleled Educational Programming

• Numerous Informative Educational Sessions

• Thursday Networking Luncheon with Keynote

• Continental Breakfast on Thursday and Friday

• Coffee and Networking Breaks Thursday and Friday

22nd NIC National Conference Planning Committee22nd NIC National Conference Planning Committee

A special thanks to the 22nd NIC National Conference Planning Committee members who are at the forefront of the seniors housing and care industry.

Additional Attendee Resources:Additional Attendee Resources:

• 2012 Seniors Housing & Care Journal

• Highlights of NIC MAP Data and Analysis

• Attendee Resources web page, including:

• Session presentations

• Message Center to connect with other attendees

• Attendee listing

• NIC Event Guide to Investors (Onsite Guide to Lenders, Investors, and Financial Intermediaries)

• Access to CD or MP3 recordings of most conference sessions

• Information from key industry groups & publications

#NICNational#NICNational

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22nd NIC National Conference Schedule22nd NIC National Conference Schedule

Wednesday, September 19Wednesday, September 19

8:00 am – 7:30 pm2:00 pm – 7:30 pm2:00 pm – 7:30 pm4:00 pm – 5:00 pm5:00 pm – 6:00 pm6:00 pm – 7:30 pm

Networking Lounge OpenRegistration OpenNIC Cyber Café & Data Center OpenNewcomers ReceptionBoard of Directors ReceptionOpening Reception

Thursday, September 20Thursday, September 20

7:00 am – 6:30 pm7:00 am – 6:30 pm7:00 am – 5:00 pm7:00 am – 8:00 am8:00 am – 9:15 am

(With Keynote Address)

9:15 am – 10:00 am10:00 am – 11:30 am

11:30 am – 1:15 pm(With Keynote Address)

1:30 pm – 3:00 pm3:00 pm – 3:30 pm3:30 pm – 5:00 pm5:00 pm – 6:30 pm

Registration OpenNetworking Lounge OpenNIC Cyber Café & Data Center OpenContinental BreakfastOpening General Session(With Robert J. Shiller)

Coffee & Networking BreakConcurrent Breakout SessionsNetworking Luncheon(With Tom Scully)

Concurrent Breakout SessionsCoffee & Networking BreakConcurrent Breakout SessionsMeet the Investors Reception

Friday, September 21Friday, September 21

Registration OpenNetworking Lounge OpenNIC Cyber Café & Data Center OpenContinental BreakfastGeneral Session CEO PanelConcurrent Breakout SessionsConference Adjourns

8:00 am – 12:00 pm8:00 am – 12:00 pm8:00 am – 12:00 pm

8:00 am – 9:00 am9:00 am – 10:15 am

10:30 am – 12:00 pm12:00 pm

Check for schedule updatesCheck for schedule updatesScan the QR code or visit www.nic.org/events forup-to-date schedule and event information.*

*Schedule subject to change.

Why You Should Attend:Why You Should Attend:

Learn why and when to invest

• Hear how your peers and other experts in the industry allocate capital—what are the greatest opportunities and risks in private pay seniors housing and in long term care as well as in the fast-growing post-acute care field?

• As owner/operators emerge from “survival mode,” what are the best strategies for attracting capital to position an organization for the future and to fuel a growth strategy? Find out where that money is best put to use: for acquisition, new construc-tion, repositioning, property additions, etc.

• And for those new to seniors housing and care, you will learn how and why to consider the sector and how it compares to other commercial real estate property types.

Learn and be inspired

• An incomparable lineup of authorities on the financial markets, the national political scene, and the senior care sector

• Details on allocation strategies to maximize opportunities in this sector

• The latest industry data and actionable market intelligence

• Insider knowledge shared by the industry’sleading experts

Network and build relationships

• Unparalleled, onsite business networking and deal-making

• Valuable new business relationships and contacts

Position your organizationfor the new consumer

• Today’s consumers are changing. They have a greater awareness of the options available to them, and they want more value for their money. With the focus on quality of life, you’ll benefit from learning what others are doing to meet these evolving demands in order to capitalize on the future.

• Owner/operators will hear how to gain the competitive edge over others who are vying for that same, limited capital.

• Understanding healthcare reform and its impact on the industry is critical. Experts will share the latest from Capitol Hill so you can make informed decisions.

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Attendee Resources and Networking Opportunities Attendee Resources and Networking Opportunities

More Time to Network

We know from previous attendees’ feedback that the featured speakers and breakout sessions create healthy discussions and great learning opportunities. But networking is a major reason that many people attend the conference. As a result, we’ve made the breaks longer and ended programming earlier, allowing the networking to start sooner.

Conference Audio Recordings

CD and MP3 recordings of most breakout and general sessions are available for purchase onsite or online after the conference.

Event Message System

View a real-time list of attendees and maximize your networking time at the conference by scheduling meetings in advance. Starting in mid-July, all registered attendees who have opted in for the Event Messaging System may view a list of attendees and contact them via a protected email link. During the conference you can also access the messaging system by logging in at the NIC Cyber Café.

Networking Receptions

Opening Reception (sponsored by Berkadia and CapitalSource) on Wednesday, 6:00 pm – 7:30 pm. On Thursday, join your peers again at the Meet the Investors Reception (sponsored by Ventas, Inc. and GE Capital, Healthcare Financial Services), 5:00 pm – 6:30 pm for a chance to meet the industry’s top financiers.

Attention Newcomers

If this is your first NIC event, please join us at our Newcomers Reception (sponsored by Nixon Peabody LLP) on Wednesday, 4:00 pm – 5:00 pm to meet NIC leadership, hear suggestions for how to make the most of the conference, and network with others new to the conference.

Sponsored by:Networking Lounges

The Networking Lounges are open throughout the conference to provide dedicated places to conduct business. The lower level lounge is quiet and ideal for semi-private meetings. The Java Bar is ideal for those wishing to be central to the action and take advantage of complimentary wireless access, courtesy of The PrivateBank.

Event Guide to Investors

The Event Guide to Investors lists contact information for registered lenders, investors and financial intermediaries. Attendees receive the Event Guide at the conference, and it will also be available for download from the Attendee Resources section of the conference website.

Sponsored by:

Speaker Presentations & Bios

Attendees can access panel information and speaker biographies in advance of the event by visiting the NIC website (www.nic.org). Presentations will be uploaded to the Attendee Resources section of the conference website.

Sponsored by:

NIC Cyber Café & Data Center

During the 22nd National Conference, the NIC Cyber Café & Data Center will be open and available as a resource to NIC conference attendees. Representatives from NIC will be available to answer all of your research and data-related questions, and to provide complimentary demonstrations of the web-based tools and reports available to subscribers through the NIC MAP Data & Analysis Service including the NIC MAP Portfolios Program. Publications available for purchase will include:

• NIC Investment Guide 2012: Investing in Seniors Housing& Care Properties

• The State of Seniors Housing 2012• NIC/ASHA Seniors Housing Construction Trends Report

The NIC Cyber Café & Data Center also features access to email and internet, as well as printers for small print jobs.

Sponsored by:

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Thursday AM General Session | 8:00 AM – 9:15 AMThursday AM General Session | 8:00 AM – 9:15 AM

Robert J. Shiller - Returning to Stability: Insights into the Real Estate Capital MarketsRobert J. Shiller - Returning to Stability: Insights into the Real Estate Capital Markets

Gain insight to the U.S. housing and financial market as Robert G. Kramer interviews noted Yale economist and U.S. housing market expert, Robert J. Shiller. The discussion will focus on the current state of and outlook for the residential housing and commercial real estate capital markets at the national and individual market level in terms of return to stability and the expected cost of capital.

Mr. Shiller is one of the most far-seeing political economists of our time, known the world over for his brilliant forecasts of financial bubbles and his penetrating insights into market dynamics and how human psychology drives the economy. He co-created the most widely quoted home price index in the country (the S&P/Case-Shiller Index) and is a best-selling author including his newest book, Finance and the Good Society, in which Mr. Shiller argues that we need more financial innovation, as finance is among the most powerful tools of society for solving our common problems and increasing the general well-being.

Thursday AM Breakout Sessions | 10:00 AM – 11:30 AMThursday AM Breakout Sessions | 10:00 AM – 11:30 AM

What Will the Growing Role of Managed Care in Medicaid and Medicare Mean for SNFs?What Will the Growing Role of Managed Care in Medicaid and Medicare Mean for SNFs?

Managed care increasingly is being utilized at both the federal and state level in an effort to control costs while delivering quality service. At present, 27 states are considering or moving to implement Medicaid managed care programs. Also, private sector payers are increasingly focused on long-term and post-acute care delivery and financing—a trend which is starting to fundamentally influence the relationships with referring providers. After an overview presentation, Dan Mendelson will moderate a discussion with panelists on what the managed care revolution will mean for skill nursing operators and investors in the sector. Topics will include how providers should prepare for the increased role of managed care and what will it mean for Medicaid and Medicare.

The Case for Seniors Housing InvestmentsThe Case for Seniors Housing Investments

Seniors housing again is among the most attractive property types for new investment according to the 2012 Plan Sponsor Survey conducted by Kingsley Associates and Institutional Real Estate, Inc. (IREI). During this session, learn the arguments for pitching equity and debt investments in seniors housing properties. Industry experts, including operators, will offer a comprehensive overview of sector performance, as well as the opportunities and challenges associated with investing in seniors housing. You will see comparisons to other commercial real estate property types, including hotel, retail, and office—all of which seniors housing again outranked in the annual plan sponsor survey.

How Private Pay Seniors Housing Plays in the Post-Acute ContinuumHow Private Pay Seniors Housing Plays in the Post-Acute Continuum

With a focus on controlling costs, improving outcomes and reducing re-hospitalizations, seniors housing must strengthen its place in the post-acute continuum. Evolve with the changing healthcare and economic landscape or miss out on market opportunities. In this session, the industry’s most progressive thought leaders will discuss how their organizations are adapting, the need to understand measurement criteria and outcomes tracking and the importance of demonstrating value.

Session InformationSession Information

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Thursday Networking Luncheon | 11:30 AM – 1:15 PMThursday Networking Luncheon | 11:30 AM – 1:15 PM

Tom Scully - Political and Fiscal Realities and What They Mean for Post-Acute and LTCTom Scully - Political and Fiscal Realities and What They Mean for Post-Acute and LTC

Get a Washington insider’s perspective from someone who knows healthcare, post-acute care, LTC and the world of private equity on the new realities, defining challenges and surprising opportunities for post-acute, LTC and seniors housing providers. Tom Scully was CMS Administrator under George W. Bush from 2001-2004 and is now a General Partner with Welsh, Carson, Anderson and Stowe (WCAS), the leading private equity investor in healthcare, and Senior Counsel with Alston and Bird, LLP where his focus is on healthcare regulatory and legislative matters.

In this session, you will hear about the impacts and fallout from the Supreme Court decision on the Affordable Care Act, what the results of the national election could mean, not only for healthcare generally, but specifically for post-acute and LTC, what the likely future is for Medicare and Medicaid with the continued budget pressures, as well as the extent to which market-driven pressures to improve outcomes and reduce costs may be the most dramatic driver of dynamic change in the healthcare, post-acute and LTC sectors.

Thursday PM Breakout Sessions | 1:30 PM – 3:00 PMThursday PM Breakout Sessions | 1:30 PM – 3:00 PM

Life After Medicare Cuts: Delivering Value and Maintaining ProfitabilityLife After Medicare Cuts: Delivering Value and Maintaining Profitability

We’ll examine the real impact and financial implications of reimbursement cuts. You’ll hear from three different operators from three different geographic areas who took unique approaches to mitigating negative rulemaking. Learn how each was impacted, how they responded, what worked, what didn’t and the sustainability of their plans. In the face of cuts how did these operators best position themselves to deliver value and maintain profitability?

Private Equity—Current Capital Deployment Strategies for Seniors HousingPrivate Equity—Current Capital Deployment Strategies for Seniors Housing

Private equity funds have been a source of capital for the seniors housing industry for many years. Recent developments, including the formation of new funds specifically focusing on seniors housing, indicate that private equity is poised to play an increasingly active role and will be a significant source of capital for the industry in the future. In this session, industry leaders from the private equity arena will focus on the role of private equity in financing transactions as well as the growth of operating platforms, how private equity investors view opportunities along the continuum of care, return requirements, the investment horizon and how seniors housing compares to other asset classes that they consider for investment. The panel will also discuss early stage versus later stage investments for operating companies, and core, core plus and opportunistic strategies for real estate investors.

Seniors Housing Market Trends & OutlookSeniors Housing Market Trends & Outlook

This briefing will provide a detailed review of key insights for the seniors housing market and the outlook for which markets are best positioned to experience growth. It will focus on the recovery in occupancies to date and the expected pace of future recovery; new construction starts and scheduled completions; property pricing and sales trends. Explore which markets are outpacing and which are underperforming for occupancies and rent growth, what is driving demand for seniors housing. Explore dynamics across metropolitan markets.

• Magnitude of the number of units currently under construction, as well as scheduled completions.• Identify which markets outpace or underperform others in terms of occupancies and rent growth.• Overview of the critical economic factors driving demand for seniors housing.• Highlights of the differing dynamics across metropolitan markets.• Trends for property pricing and sales transaction volumes.

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Thursday PM Breakout Sessions | 3:30 PM – 5:00 PMThursday PM Breakout Sessions | 3:30 PM – 5:00 PM

Partnerships Across the Continuum of Care: Changing the Face of Skilled NursingPartnerships Across the Continuum of Care: Changing the Face of Skilled Nursing

Spurred by changes in reimbursement, funding opportunities through CMMI and other forces, numerous innovations are underway to meet the “triple aim” of improving care, improving population health, and reducing the cost of care. What is the potential impact of such innovation on skilled nursing providers? Do these initiatives signal greater incentive for all health care providers to communicate and collaborate along the continuum of care- including seniors housing and care/long-term care providers? What are the opportunities for tighter collaboration and synergy between acute and post-acute providers, and the potential impact/benefits of cross-provider initiatives? Come away understanding how these concepts provide both unprecedented opportunities but also unique challenges for all providers across the continuum of care.

Not All Evaluations Are Created Equal: Pricing Variables Today—and TomorrowNot All Evaluations Are Created Equal: Pricing Variables Today—and Tomorrow

Market data can provide useful benchmarks, but when it comes to valuing senior housing and care properties, no two deals are alike. This session is for anyone needing competitive intelligence not only on the current data—but more importantly on the variables—influencing the pricing of seniors housing and care assets in today’s market. Our panel of experts will reveal and critique their current valuation strategies from the buyer and seller perspective as used in recent transactions, large and small, across the range of property types. Learn the variables they are focusing on now to make better valuation decisions and the likely impact of the evolution of the traditional models of seniors housing and care on their approach.

Facts and Fiction About Today's Options for Financing Development and RedevelopmentFacts and Fiction About Today's Options for Financing Development and Redevelopment

Having a realistic perspective on new construction and redevelopment financing is important in today’s seniors housing and care market. Hear from borrowers and lenders as they walk through case studies of actual new construction and redevelopment projects. Borrowers who have accessed construction financing will share successful strategies and identify what didn’t work well and why. Lenders, speaking to more than their credit policy, will outline requirements and help demystify the process. Using construction data, this session will also compare the realities of what was available before the credit crisis and what kinds of deals can actually be achieved today.

Check for schedule updatesCheck for schedule updatesScan the QR code or visit www.nic.org/events forup-to-date schedule and event information.

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Session InformationSession Information

Friday AM Breakout Sessions | 10:30 AM – 12:00 PMFriday AM Breakout Sessions | 10:30 AM – 12:00 PM

Debt Financing: What's Changed and What to Expect Going ForwardDebt Financing: What's Changed and What to Expect Going Forward

Who is offering debt financing in today’s seniors housing landscape? What’s available and how can you access it? Our panel consisting of senior members from the GSE’s and FHA/HUD with experienced lenders will walk you through case studies detailing the ask, initial response and end result. They’ll compare deals done pre-credit crisis, during the credit crisis and the deals getting done now. Learn about the realistic possibilities of acquisition, bridge, permanent, and agency financing. Walk away with a better understanding of today’s finance markets and details about which loans get turned down and which don’t.

Friday AM General Session | 9:00 AM – 10:15 AMFriday AM General Session | 9:00 AM – 10:15 AM

How CEOs Are Creating Value for Residents and InvestorsHow CEOs Are Creating Value for Residents and Investors

As an industry veteran and former President of Health Care REIT and CEO of Cogdell Spencer Inc., Raymond Braun, Dean of the College of Business, Bowling Green State University, will moderate a fascinating panel discussion on the key issues and challenges currently facing CEOs within the seniors housing and care sector and their respective companies. The panel of CEOs will address what is sought by investors looking for opportunities in the sector and how companies are proactively creating value for both their residents as well as their capital providers.

Speakers:• George V. Hager, Jr., Chief Executive Officer, Genesis HealthCare LLC• Mark Ordan, Chief Executive Officer, Sunrise Senior Living• William D. Pettit, Jr., President and COO, Merrill Gardens• Bill Sheriff, CEO, Brookdale Senior Living

Dealmakers' Forum: After the “Year of the REIT”Dealmakers' Forum: After the “Year of the REIT”

What happens after “The Year of the REIT?” A diverse panel of investment executives will provide insight into the market defining deals of the last 18 months and the factors transforming the landscape for 2013 and beyond. Learn what types of investments are being sought after by REIT investment teams and how that impacts non-REIT investors. Discover where valuations are going and how the cost of capital will impact deal making. Gain insight into the REITs and other institutional investors’ business plans and who they are looking to partner with as well as how and when development fits into their plans.

The Evolving Landscape and Need for Memory Care Services in Seniors HousingThe Evolving Landscape and Need for Memory Care Services in Seniors Housing

As the forecasted demand for memory care services escalates, this session explores the opportunities and challenges of building, adding or expanding services to those with memory care needs. Understand the different types of dementia and the impact on staffing and property design. Case studies will highlight the pros and cons of different business models. Experienced architects will share key construction and design considerations that add value to your property by meeting the unique quality of life and clinical needs of the residents.

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SAVE $150+

SAVE $150+

REGISTER BY AUGUST 1, 2012.

REGISTER BY AUGUST 1, 2012.

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NIC LeadershipNIC LeadershipNIC MissionNIC Mission

Board MembersBoard MembersOperator Advisory Board MembersOperator Advisory Board Members

Board MembersBoard Members

Craig BernfieldChairman, CEO and President, Aviv REIT

Daniel BironSenior Vice President, Berkadia

John CobbSenior Vice President andChief Investment Officer, Ventas, Inc.

Tim FoxExecutive Vice President,Senior Resource Group

George V. Hager Jr., Board TreasurerChief Executive Officer,Genesis HealthCare LLC

Gray HamptonManaging Director, Bank of America Merrill Lynch

Charles J. HermanExecutive Vice President &Chief Investment Officer,Health Care REIT, Inc.

Mitchell KiffeSenior Managing Director,CBRE Capital Markets

Doug KoreyManaging Director,Contemporary Healthcare Capital, LLC

Bob KramerPresident, NIC

Beth MaceDirector, AEW Capital Management, L.P.

Angela MagoExecutive Vice President,KeyBank Real EstateCapital-Healthcare Group

John Moore, Board Vice ChairChief Executive Officer, Atria Senior Living

Bradley Razook, Board SecretaryManaging Director, CS Capital Advisors, LLC

Randy Richardson, Board ChairPresident, Vi

Jim SeymourSenior Managing Director, GE Capital, Healthcare Financial Services

W.E. (Bill) SheriffChief Executive Officer,Brookdale Senior Living

Loren ShookChairman of the Board, President/CEO, Silverado Senior Living

David WatkinsSenior Vice President, Heitman LLC

Arnold WhitmanChairman, Formation Capital, LLC

Board MembersBoard MembersOperator AdvisoryBoard MembersOperator AdvisoryBoard Members

Robert BatemanExecutive Vice President & CFO, Emeritus Senior Living

Timothy BuchananCEO, Legend Senior Living

John CochranePresident and CEO, be.group

Larry CohenChief Executive Officer,Capital Senior Living Corporation

David FordVice Chairman, Aegis Living

Chip GabrielPresident, Generations LLC

Paul HubbardCo-CEO, Plum Healthcare Group, LLC

Ed KennyPresident and CEO, Life Care Services

Mary LearyPresident and CEO, Mather LifeWays

Judy MarczewskiCFO, One Eighty

Joseph McCarronPrincipal, Capital Care Associates LLC

Laura McDuffieSenior Vice President, Operations,Sunrise Senior Living

Pat Mulloy, Board Vice ChairPresident/CEO, Elmcroft Senior Living

Ryan NovaczykChief Financial Officer,New Perspective Senior Living

Margaret ScottChief Investment Officer,Belmont Village Senior Living

Kenneth SegarnickChief Corporate Officer,Brandywine Senior Living

Loren Shook, Board ChairChairman of the Board, President/CEO, Silverado Senior Living

John TaylorPresident and CEO,StoneGate Senior Living, LLC

To advance the quality of seniors housing and care by facilitating

informed investment decisions through best-in-class data,

research, networking events and professional education.

NIC would like to thank thesponsor of this program:

#NICNational#NICNational

Registration InformationRegistration Information

General RateGeneral Rate

Early Bird (By Aug. 1)Early Bird (By Aug. 1)

$1,995$1,995

$1,550$1,550

$2,995$2,995

$2,295$2,295

$1,700$1,700

$3,295$3,295

Standard (After Aug. 1)Standard (After Aug. 1)

Operator RateOperator Rate

Non-Transactional RateNon-Transactional Rate

Access to the Conference

Access to NIC meeting space is limited to registered attendees only. Badge checkpoints are placed throughout the space to enhance the networking experience of registered attendees. Please wear your conference badge at all times to ensure access to meeting rooms, Networking Lounges and receptions.

Americans with Disabilities Act

NIC will work with attendees to provide accommodations for those who require special assistance. Please indicate in your registration that accommodations are required, or contact the NIC Registrar at [email protected].

Make YourReservationMake YourReservation

Kosher Accommodations

NIC will provide accommodations for kosher meals during breakfasts, luncheon and receptions. Please be sure to indicate at registration that you will require kosher meals, as they must be ordered in advance.

A room will also be provided for Minyan, Wednesday, September 19 through Friday, September 21. Please check the final onsite program for the room location.

Registration Cancellation &Substitution PolicyCancellations must be submitted by fax or email to (410) 268-4620 or [email protected]. Requests received before August 1, 2012 will receive a full refund, less a $250 non-refundable processing fee. Registrations cancelled after August 1, 2012 are non-refundable and forfeited fees may not be transferred to a future NIC event.

Substitutions are permitted within the same company and professional category without penalty. Substitution requests must be submitted, in writing, to the NIC Registrar at [email protected] by Friday, September 14, 2012. Substitutions after September 14, 2012 must be made on-site. A full registration form for the substitute attendee must be completed to process the registration.

If you have questions or need more information please call NIC at 410.267.0504 or email [email protected].

Registration Rate PolicyOperator rates are subject to verification and only offered to companies whose current, PRIMARY business function is the active and direct day-to-day running of senior living facilities. Examples of parties who do not meet these criteria include developers, passive investors (such as a REIT or an equity fund), passive owners, asset managers, consultants, and service or product providers to operators or owners.

Professional Category PolicyNIC reserves the right to determine the business category to which any proposed registrant or any event attendee belongs according to NIC's determination of what constitutes a capital provider, owner, operator or transaction attendee, and to request verifying information in connection with that determination. Any company unwilling to comply with NIC's business category and rate determination, or request for verification, may be refused registration or attendance at NIC events. For more information, please visit www.nic.org/events/eventpolicy.aspx.

DiscountsDiscounts

Early Bird Deadline is August 1, 2012Register on or before August 1, 2012 to take advantage of the early bird rate. Registration fees increase by $300 for General Rate and $150 for the Operator Rate after this date.

Register Early & SaveRegister Early & Save

Conference Sponsor Discount:Conference Sponsor Discount:NIC offers a $50 discount to attendees from a sponsoring company. To receive the discount, use the sponsor code provided to your company.

Operator-Only Multiple Registration Discount:Operator-Only Multiple Registration Discount:

• 3-5 people = $100 off each registration • 6-10 people = $150 off each registration • 11+ people = $200 off each registration

NIC offers a discount to operators registering three or more people from the same company. Submit all registrations simultaneously to receive the following group discounts:

RegisterOnline!RegisterOnline!

Hotel InformationHotel Information

NIC has negotiated a single occupancy room rate of $260/night. Attendees of the 22nd NIC National Conference must register for the conference prior to booking a hotel room. All of the information you will need to book a room in the NIC room block is included in the “Hotel Reservations” section of your registration confirmation email.

The NIC room block often sells out early, so make your hotel reservations as soon as you register. In the event the block does sell out, information about overflow accommodations will be posted online at www.nic.org/events.

Please note: the hotel reserves the right to remove the room of a guest who does not have an approved registration from the NIC room block. Only one room is allowed per registered attendee. All reservations must be under the same name used to register for the NIC event. All reservations cancelled within seven days of arrival will be charged for one room night.

Sheraton Chicago Hotel & Towers | 301 East North Water Street | Chicago, IL 60611

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1997 Annapolis Exchange ParkwaySuite 110Annapolis, MD 21401www.NIC.org

Event SponsorsEvent Sponsors

Platinum SponsorsAviv REITConference Badges and Lanyards

BerkadiaOpening Reception

Capital One BankCoffee & Lobby Bar andWednesday Evening Amentity

CapitalSourceOpening Reception

GE Capital, Healthcare Financial Services Meet the Investors Reception

Genesis Rehab ServicesCyber Café & Data Center

Greystone Servicing CorporationConference Water Service

Health Care REIT, Inc.Final Program and Attendee Listing

HealthTrust, LLCThursday Networking Luncheon

KeyBank Real Estate Capital-Healthcare GroupWall Street Journal Delivery

Lancaster PollardLobby Column Wraps

MidCap Financial, LLCConference Hotel Room Keys

Oak Grove CapitalEvent Materials Bags

Oxford Finance, LLCOpening Session

RED CAPITAL GROUPNetworking Lounge

Surface Logic, LLCBoard of Directors VIP Reception

The Private BankKosher Accommodations andNetworking Lounge Wireless Access

CS Capital AdvisorsThursday Keynote

Elderlife FinancialChicago Mini-Maps

Hanson Bridgett LLPNetworking Mints

HCP, IncOngoing Research

Healthcare Finance GroupConference Staging

Madison Commercial Real Estate Services/Madison SPECS Kosher Accommodations

Marcus & Millichap Real Estate Investment ServicesOngoing Research

National Health InvestorsNIC/ASHA Joint Reception

Nixon Peabody LLPNewcomers Reception

Raymond James Morgan KeeganThursday Afternoon Coffeeand Networking Break

RealPage Senior LivingConference Photography

Senior LivingInvestment BrokerageConference Printing

Sentio HealthcareProperties, Inc. Conference Printing

The Nathanson Group PLLCFriday Continental Breakfast

Valuation & Information GroupThursday LuncheonKeynote Speaker

Wells FargoFitness Center

ZieglerPreliminary Program

Sterling SponsorsPlatinum SponsorsVentas, Inc.Meet the Investors Reception

Walker & DunlopSpeaker Presentation Web Page and Notebook

Sterling SponsorsAlden Management Services Conference Postcard

ARA Seniors Housing Board Meeting Refreshments

Baker, Donelson, Bearman,Caldwell & BerkowitzConference Staging

Beech Street CapitalKosher Accommodations

Cambridge RealtyCapital CompaniesKosher Accommodations

Capital Funding, LLCThursday Continental Breakfast

Capital Senior Living CorporationThursday Morning Coffeeand Networking Break

Christenson Advisors, LLCConference Pens

Contemporary Healthcare Capital, LLCEvent Guide to Investors

Gold SponsorsFormation Capital, LLCElevator Clings

Love FundingThursday Evening Amenity

PNC Real EstateRelaxation Station

Yardi Conference AV

Industry PartnersAmerican Health Care Association/National Center for Assisted Living (AHCA/NCAL)

Assisted Living Federation of America (ALFA)

American Seniors Housing Association (ASHA)

Erickson School of Aging Studies

Media PartnersAssisted Living Executive

France Media

Institutional Real Estate, Inc. (IREI)

Long-Term Living

McKnight’s Long-Term Care News & McKnight’s Assisted Living

National Real Estate Investor (NREI)

Provider Magazine

Senior Living Executive

SeniorCare Investor &Senior Living Business

Senior Housing News

Sustaining ResearchSponsorsAEW Capital Management

BDO USA, LLP

Capital Care Associates, LLC

CNL Financial Group

Gemino Healthcare Finance

Post Acute Partners

Polsinelli Shughart PC

Copyright 2012. National Investment Centerfor the Seniors Housing & Care Industry (NIC).

Interested in becoming a sponsor?Email Cythia Stubits at [email protected].

Interested in becoming a sponsor?Email Cythia Stubits at [email protected].