Senior Housing/Healthcare Section 232 LEAN Processing New Construction or Substantial Rehabilitation Summary: Insured mortgages may be used

d to finance the construction or rehabilitation of Assisted Living, Board & Care, Skilled Nursing Facilities (Nursing Homes) and Special use facilities such as Alzheimers or disability care. Facilities must be licensed. Limited Independent Living units may be allowed, subject to limitations and conditions. Eligible Borrowers: Single Asset Entity For profit or non-profit Terms: Up to 40 Years plus construction or substantial rehabilitation period Loan Benefits: Non-recourse, including the construction period Fully assumable Construction to Permanent All in One Loan Credit enhancement of Housing Bonds providing AAA rating Eligible Properties: Skilled Nursing and Intermediate Care 20 or more beds Assisted Living and Board & Care 5 or more units Rates: Fixed for the length of the mortgage

Processing: Eligible for LEAN 232 Processing Liability Insurance Requirement: Required limits apply Mortgage Loan Limitations: Construction The maximum insured mortgage will be the lesser of: DSC 1:45 80% loan to value including major movable equipment for Nursing Home/ 85% for non-profit 75% loan to value for ALF/ 80% for non-profit Substantial Rehabilitation The maximum insured mortgage will be the lesser of: DSC 1:45 80% (85% for Non-profit) of the eligible rehabilitation costs, including transaction costs plus the lesser of: 90% of the property as-is value prior to rehabilitation 100% of the purchase price for acquisition or existing debt for refinance Secondary financing: Permitted; repayment is subject to availability of surplus cash, special conditions apply Prepayment Terms: 2-3-Year lockout with a declining penalty through year 10, then 0% For more information contact:

Sok H Cordell, Senior Managing Director 503-640-5200 or toll free 1-877-257-0865 sok@ch-capital.com