PURCHASE AND SALE AGREEMENT AND JOINT ESCROW INSTRUCTIONS By and Between HEALTH CARE PROPERTY INVESTORS, INC., a Maryland corporation, HCPI TRUST, a Maryland real estate trust, EMERITUS REALTY V, LLC, a Delaware limited liability company, ESC-LA CASA...Purchase and Sale Agreement • June 20th, 2007 • Emeritus Corp\wa\ • Services-nursing & personal care facilities • California
THIS PURCHASE AND SALE AGREEMENT AND JOINT ESCROW INSTRUCTIONS (this “Agreement”) is made and entered into as of June 14, 2007 (the “Effective Date”), by and among HEALTH CARE PROPERTY INVESTORS, INC., a Maryland corporation (“HCP”), HCPI TRUST, a Maryland real estate trust (“HCP Trust”), EMERITUS REALTY V, LLC, a Delaware limited liability company (“ER-V”), ESC-LA CASA GRANDE, LLC, a Delaware limited liability company (“ESC-La Casa Grande”), TEXAS HCP HOLDING, L.P., a Delaware limited partnership (“Texas HCP”), HCP AL OF FLORIDA, LLC, a Delaware limited liability company (“HCP AL”) (each, a “Seller,” and collectively, “Sellers”) and EMERITUS CORPORATION, a Washington corporation (“Buyer”), as follows:
June 7, 2007Master Lease Agreement • June 20th, 2007 • Emeritus Corp\wa\ • Services-nursing & personal care facilities
Mr. Eric Mendelsohn Director of Real Estate and Legal Affairs Emeritus Corporation 3131 Elliott Avenue, Suite 4500 Seattle, Washington 98121
June 7, 2007Master Lease Agreement • June 20th, 2007 • Emeritus Corp\wa\ • Services-nursing & personal care facilities
Mr. Eric Mendelsohn Director of Real Estate and Legal Affairs Emeritus Corporation 3131 Elliott Avenue, Suite 4500 Seattle, Washington 98121
June 7, 2007Master Lease Agreement • June 20th, 2007 • Emeritus Corp\wa\ • Services-nursing & personal care facilities
Mr. Eric Mendelsohn Director of Real Estate and Legal Affairs Emeritus Corporation 3131 Elliott Avenue, Suite 4500 Seattle, Washington 98121
