CHICAGO, November 15, 2004 - GE Healthcare Financial Services has provided a $91 million long-term fixed-rate, first mortgage on a seven-property portfolio, to a joint venture between AEW Capital Management and Sunrise Senior Living. The deal marks the continuation of a long running relationship between GE and Sunrise that reflects GE's commitment to the industry.

"With this deal, GE Healthcare Financial Services has once again demonstrated its creativity and willingness to structure financing to suit our particular needs," said Jay Pope, executive vice president, Capital Group, Sunrise Senior Living. "We are pleased to have GE as a long-time financing partner and remain impressed with their ability to consistently meet our expectations and help us achieve our business goals."

Sunrise, the nation's largest senior living provider with more than 400 senior living communities open or under construction in the United States, Canada, United Kingdom and Germany, along with its partner AEW, one of the nation's largest investors in senior housing, required a deal structure that offered flexibility and speed. Kathryn Sweeny, principal for AEW, notes, "The financing provided by GE Healthcare Financial Services allows the venture to generate superior risk-adjusted returns for our clients. We look forward to growing our relationship with GE because their consistent presence and commitment to the healthcare market mirrors ours."

"Our strong experience and knowledge of the senior housing market enables GE Healthcare Financial Services to create financing solutions that customers cannot find elsewhere," notes David Detrick, vice president in the long-term care group for GE Healthcare Financial Services. "We are dedicated to collaborating with customers like Sunrise and AEW to help them achieve their strategic objectives."

GE Healthcare Financial Services, a unit of GE Commercial Finance, is a provider of capital, financial solutions, and related services for the global healthcare market. With over $13 billion of capital committed to the healthcare industry, GE Healthcare Financial Services offers a full range of capabilities from equipment financing and real estate financing to working capital lending, vendor programs, and practice acquisition financing. With its knowledge of all aspects of healthcare from hospitals and long-term care facilities to physicians' practices and life sciences, GE Healthcare Financial Services works with customers to create tailored financial solutions that help them improve their productivity and profitability. For more information, visit .

Media Contacts

Deia Campanelli
GE Healthcare Financial Services
312-441-6169