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Mergers and Advisory


Date Transactions Amt (000's)

December 05 America First Apartment Investors, Inc. (NASDAQ: APRO) Acquisition of external advisor

$11,400

November 05 American Retirement Corporation (NYSE: ACR) Acquisition of eight senior living facilities from Epoch Senior Living

$138,000

April 05 Kramont Realty Trust (NYSE: KRT) Merger Advisor to target in sale to Centro Properties Group

$1,275,575

February 05 LTC Properties, inc. (NYSE: LTC) Financial Advisor representing LTC Properties, Inc. ("LTC") in connection with the auction of Assisted Living Concepts, Inc. ("ASLC") and lease restructuring negotiations with Extendicare Health Services, Inc., the acquiror of ASLC

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