On August 4, 2010, Health Care REIT, Inc. announced that it will enter into an $817 million partnership with Seattle, Washington-based Merrill Gardens, LLC. The transaction is anticipated to close in September and make use of the REIT Investment Diversification and Empowerment Act of 2007 (RIDEA).

Herbert J. Sims & Co. is pleased to announce that, in addition to providing innovative financing solutions to senior living providers, Sims now offers invaluable resources to Senior Living Boards and management to assist in understanding the ever-changing financing environment. These resources include a variety of Board Education Modules, including our newest module, "Banks, Bailouts and Budget Busters – What the Senior Living Industry Can Expect from the Capital Market this Year."