Loan Performance
Quarter Ending 3/31/08
Reported proportion of outstanding investments in the seniors housing and long term care industry that are:
| Performing - (Loans not in foreclosure, delinquency, or restructuring, although may include loans not in payment default, but not in compliance with non-payment financial covenants OR loans that are otherwise on a lender's "watch list" for possible deteriorating performance.) |
99.3% |
| Restructured - (Loans where basic terms, such as interest rate, maturity date, collateral or guaranty have been restructured as a result of actual or anticipated delinquency, but where loan is performing according to restructured terms.) |
0.4% |
| Delinquent - (Includes all loans in process of foreclosure, or loans 2 or more scheduled payments past due.) |
0.3% |
| Foreclosed - (Loans where title to the property has been acquired during the year through foreclosure.) |
0% |
What portion of total outstanding Permanent (more than 10 year-term)debt investments are:
There were no reported non-performing permanent investments for Q1, 2008.
What portion of total outstanding Short-term loans are:
| Property Type |
Foreclosed during the calendar year |
Delinquent |
Loans with Restructured Terms |
| Independent Living |
- | - | .23 |
| Assisted Living |
- | 0.5 | 1.74 |
| Nursing Homes |
- | 2.52 | - |
| CCRCs |
- | - | - |
|