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Hanson Bridgett Assists With $2.8 Billion Senior Housing Merger

-Brookdale Senior Living and Emeritus Corporation merge
-Two largest senior housing and care companies in the U.S.

August 1, 2014 (SAN FRANCISCO, CA) — Hanson Bridgett LLP announces that it has assisted in the successful merger of Brookdale Senior Living with Emeritus Corporation. The merger transforms Brookdale into the only national full-spectrum senior living solutions company, with more than 1,100 communities in 46 states, covering 80 percent of the U.S. population.

Hanson Bridgett was responsible for all of the California licensing and regulatory approvals with respect to the 70 senior communities owned or operated by Emeritus in California. This included working with the California Department of Social Services to allow all licenses to be issued simultaneously, handling scores of Residential Care Facilities for the Elderly (RCFE) applications, submitting filings with the Department of Public Health, and preparing regulatory and enforceability opinion letters for multiple facilities that were financed by Fannie Mae and Freddie Mac.

The stock sale transaction required that all regulatory approvals be in place before the deal could close. "This deal is a tremendous accomplishment for the firm and for our clients," said Joel Goldman, lead partner on the transaction. “The regulatory hurdles alone made this an extremely challenging endeavor. We worked closely with the state of California to ensure that there were no delays.”

The team included Hanson Bridgett Partners Joel Goldman, Deidre Schönfeldt, Jennifer Berland, Paul Gordon, Allan Jergesen, and Pamela Kaufmann.

About Hanson Bridgett LLP 
Founded in 1958, Hanson Bridgett has more than 150 attorneys located in offices in San Francisco, the North Bay, Sacramento and the East Bay. Our clients range from multinational Fortune 500 corporations to individuals, including a number of public agencies in California. We are proud to be the official law firm of the 34th America's Cup. More information on Hanson Bridgett can be found at www.hansonbridgett.com.

About Brookdale Senior Living 
Brookdale Senior Living Inc. is a leading owner and operator of senior living communities throughout the United States. The Company is committed to providing senior living solutions within properties that are designed, purpose-built and operated to provide the highest-quality service, care and living accommodations for residents. Currently Brookdale operates independent living, assisted living, and dementia-care communities and continuing care retirement centers, with approximately 1,150 communities in 46 states and the ability to serve over 110,000 residents. Through its ancillary services program, the Company also offers a range of outpatient therapy, home health, personalized living and hospice services.  

Michelle Klopp
Hanson Bridgett LLP
Director of Business Development
415-995-5075 Direct Phone

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