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Design: Curran & Connors, San Francisco
Emeritus 2003 Annual Report
Copy excerpt:
There is a renewed interest by the investment community in the senior housing sector, including assisted living, and skilled nursing. It seems everyone agrees consolidation of smaller operators into larger companies is necessary. Financial players are looking for operating companies like Emeritus to acquire independent properties and smaller private companies being negatively impacted by the high cost of traditional insurance programs. For much the same reason, these independent properties and smaller private companies are looking for an exit strategy. Emeritus is well-positioned to capitalize on these opportunities.
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