Sunrise Senior Living Inc. (WKN: 900921) / NYSE

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Sunrise Senior Living Inc. (WKN: 900921) / NYSE

 
08.12.08 19:22
HOMEPAGE:
http://www.sunriseseniorliving.com/Home.do

SEC-FILINGS:
http://www.sec.gov/cgi-bin/...e=&SIC=&owner=include&action=getcompany

NEWS:
http://phx.corporate-ir.net/phoenix.zhtml?c=115860&p=irol-irhome
http://www.finanznachrichten.de/...n-aktien/sunrise-senior-living.asp
http://finance.yahoo.com/q?s=SRZ

BÖRSENPLÄTZE:
http://www.ariva.de/quote/simple.m?secu=11424

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letzter Quartalsbericht:
http://www.sec.gov/Archives/edgar/data/1011064/...628/w71504e10vq.htm

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 BUSINESS:§

Sunrise Senior Living, Inc. provides senior living services in the United States, Canada, the United Kingdom, and Germany. It offers independent living services, which include housing, meals, transportation, activities, and housekeeping, as well as licensed skilled nursing services for residents who require 24-hour skilled nursing care; and determination of the appropriate level of care and service for such resident. The company�s assisted living communities also offer a reminiscence neighborhood that provides specially designed accommodations, service, and care to support cognitively impaired residents, including residents with Alzheimer�s disease and other forms of memory loss. In addition, it provides medication management program, which includes the storage of medications, the distribution of medications as directed by the resident�s physician, and compliance monitoring. Further, the company also develops senior living communities for the company, for ventures in which it retains an ownership interest, and for third parties. Its hospice services include supervision of the patient�s medical needs; pastoral care and religious services; and bereavement services; and other services comprising physician care, infusion therapy, and physical and speech therapy. As of December 31, 2007, the company operated 439 communities, including 402 communities in the United States, 12 communities in Canada, 17 communities in the United Kingdom, and 8 communities in Germany with a resident capacity of approximately 54,000. It also provided pre-opening management and professional services to 44 communities under construction, of which 32 communities were in the United States, 3 communities were in Canada, 8 communities were in the United Kingdom, and 1 community was in Germany with a combined capacity for approximately 5,600 residents. Sunrise Senior Living, Inc. was founded in 1981 and is headquartered in McLean, Virginia.

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05.12.2008 Presse: Sunrise Receives Proceeds from Venture Refinancing
http://ih.advfn.com/...a&cb=1228759539&article=29748323&symbol=NY^SRZ

MCLEAN, Va., Dec. 5 /PRNewswire-FirstCall/ -- Sunrise Senior Living, Inc. (NYSE:SRZ) today announced the receipt of approximately $8.3 million of proceeds resulting from the refinancing of the existing debt of one of its joint ventures.

As disclosed yesterday by Ventas, Inc., a venture owned 85 percent by Ventas and 15 percent by Sunrise closed eight first-mortgage loans with Freddie Mac, secured by eight senior housing communities managed by Sunrise, aggregating $126 million. Proceeds of the new $126 million Freddie Mac loan were used to repay in full $71 million of existing debt of the venture which was secured by the same eight assisted living communities and was scheduled to mature in mid-2009. The balance of the new loan proceeds was distributed pro-rata to Ventas and Sunrise, with Sunrise's portion totaling approximately $8.3 million.

"We are pleased that Freddie Mac recognized the strength of this portfolio of our core management product in this difficult economic environment," said Mark Ordan, Sunrise's chief executive officer.

On a preliminary basis, Sunrise expects to recognize approximately $8.3 million in equity in earnings as a result of this transaction in the fourth quarter.

About Sunrise Senior Living

Sunrise Senior Living, a McLean, Va.-based company, employs approximately 40,000 people. As of September 30, 2008, Sunrise operated 448 communities in the United States, Canada, Germany and the United Kingdom, with a combined capacity for approximately 55,000 residents. At quarter end, Sunrise also had 34 communities under construction in these countries with a combined capacity for 4,277 additional residents. Sunrise offers a full range of personalized senior living services, including independent living, assisted living, care for individuals with Alzheimer's and other forms of memory loss, as well as nursing, rehabilitative and hospice care. Sunrise's senior living services are delivered by staff trained to encourage the independence, preserve the dignity, enable freedom of choice and protect the privacy of residents. To learn more about Sunrise, please visit http://www.sunriseseniorliving.com/.

Forward-Looking Statements

Certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although Sunrise believes the expectations reflected in such forward- looking statements are based on reasonable assumptions, there can be no assurances that its expectations will be realized. Sunrise's actual results could differ materially from those anticipated in these forward- looking statements as a result of various factors, including, but not limited to, the Company's ability to obtain a covenant waiver or further modification of its Bank Credit Facility; the Company's ability to refinance its Bank Credit Facility and other debt due in 2009 and/or raise funds from other capital sources; the Company's ability to achieve the anticipated savings from the Company's cost-savings program; the outcome of the SEC's investigation; the outcomes of pending putative class action and derivative litigation; the outcome of the Trinity OIG investigation and qui tam proceeding; the outcome of the IRS audit of the Company's tax return for the tax year ended December 31, 2006 and employment tax returns for 2004, 2005 and 2006; the status of the exploration of strategic alternatives; the Company's ability to continue to recognize income from refinancings and sales of communities by ventures; risk of changes in the Company's critical accounting estimates; risk of further write-downs or impairments of the Company's assets; risk of future fundings of guarantees and other support arrangements to some of the Company's ventures, lenders to the ventures or third party owners; risk of declining occupancies in existing communities or slower than expected leasing of new communities; risk resulting from any international expansion; risk associated with any new service offerings; development and construction risks; risks associated with past or any future acquisition; compliance with government regulations; risk of new legislation or regulatory developments; business conditions; competition; changes in interest rates; unanticipated expenses; market factors that could affect the value of the Company's properties; the risks of further downturns in general economic conditions; availability of financing for development; and other risks detailed in the Company's amended 2007 Annual Report on Form 10-K filed with the SEC, as may be amended or supplemented in the Company's Form 10-Q filings. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

DATASOURCE: Sunrise Senior Living, Inc.

CONTACT: Media: Meghan Lublin, +1-703-854-0299, or Investors: Aaron

Deyerle, +1-703-854-0285, both of Sunrise Senior Living, Inc.

Web site: http://www.sunriseseniorliving.com
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08.12.08 19:42
Sunrise Senior Living Inc. (WKN: 900921) / NYSE 204335
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..

 
09.12.08 16:49
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Sunrise Senior Living Inc. (WKN: 900921) / NYSE 204496
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DFB-Pokal 1.Runde '08: RWE-Bayern München  3:4
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Kursentwicklung SRZ (08.-12.12.) in USA

 
13.12.08 09:54
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Sunrise Senior Living Inc. (WKN: 900921) / NYSE 205377
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-

 
15.12.08 09:13
Sunrise Senior Living Inc. (WKN: 900921) / NYSE 205553
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Kursentwicklung + News SRZ (15.-19.12.) in USA

 
20.12.08 09:27
15.12.2008 Current report filing (EDGAR / 8-K)
ih.advfn.com/...a&cb=1229759248&article=34672281&symbol=NY^SRZ

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Wochenschluss-Kurs: 1,36 USD (nachbörslich: 1,35 USD)
www.allstocks.com/level2quotesotcbb1.html [Symbol: SRZ (Quote)]

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Sunrise Senior Living Inc. (WKN: 900921) / NYSE 206686
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Kursentwicklung + News SRZ (22.-26.12.) in USA

 
27.12.08 11:29
22.12.2008 Sunrise COO to Lead European Operations
ih.advfn.com/...cb=1230359724&article=34793408&symbol=NY%5ESRZ
24.12.2008 Current report filing (EDGAR / 8-K)
ih.advfn.com/...cb=1230359724&article=34829512&symbol=NY%5ESRZ

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Wochenschluss-Kurs: 1,74 USD (nachbörslich: 1,82 USD)
www.allstocks.com/level2quotesotcbb1.html [Symbol: SRZ (Quote)]

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Sunrise Senior Living Inc. (WKN: 900921) / NYSE 207431
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SRZ-Blog - Linkadresse

 
27.12.08 11:36
www.whatsup-stockideas.blogspot.com/
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Sunrise Senior Living Helps Families Explore ...

 
03.02.09 07:30
http://www.finanznachrichten.de/...ing-options-with-new-guide-008.htm

03.02.2009 00:10
Sunrise Senior Living Helps Families Explore Senior Care Financing Options with New Guide

MCLEAN, Va. Feb. 2 /PRNewswire-FirstCall/ -- Sunrise Senior Living (News) now offers a new informational guide to help seniors and their families identify ideas for affording senior care in today's challenging economy. The guide, called Affording Senior Living: The Financial Options, is available at Sunrise communities nationwide and also online at http://www.sunriseseniorliving.com/financialoptions for a limited time.

The guide gives tips and identifies a variety of financial products that are available in the marketplace today to help families who need access to senior care, but are unsure how to fund it. In the past, people relied on the sale of a home or traditional savings and investments to afford senior living. However, there are a number of additional financing options available:

-- Traditional options such as investments, savings and income
-- Real estate options such as home equity loans and reverse mortgages
-- Insurance options such as long term care insurance and life settlements
-- Government options such as Veterans' Benefits and Medicare

"We recognize that many people have questions about the best way to finance senior care, especially today," said Kurt Conway, senior vice president for Sales&Marketing at Sunrise. "That is why we felt it was important to help seniors and their families understand that there are many options for financing the personalized care and services they need - as soon as they need it."

The guide also includes a Senior Living Expense Worksheet, which can help seniors and their families evaluate the costs of home care versus a senior living community. Often times they learn that a senior living community is a more affordable option, once they consider the value and cost savings it affords when all the cost of care at home are added up.

Sunrise Senior Living has helped seniors and their loved ones identify senior living solutions since 1981. For more information on a Sunrise near you, please visit http://www.sunriseseniorliving.com/.

About Sunrise Senior Living

Sunrise Senior Living, a McLean, Va.-based company, employs approximately 40,000 people. As of September 30, 2008, Sunrise operated 448 communities in the United States, Canada, Germany and the United Kingdom, with a combined capacity for approximately 55,000 residents. At quarter end, Sunrise also had 34 communities under construction in these countries with a combined capacity for 4,277 additional residents. Sunrise offers a full range of personalized senior living services, including independent living, assisted living, care for individuals with Alzheimer's and other forms of memory loss, as well as nursing, rehabilitative and hospice care. Sunrise's senior living services are delivered by staff trained to encourage the independence, preserve the dignity, enable freedom of choice and protect the privacy of residents. To learn more about Sunrise, please visit http://www.sunriseseniorliving.com/.
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Sunrise Senior Living Q4 2008

 
28.03.09 13:10
www.finanznachrichten.de/...e-senior-living-q4-results-020.htm

02.03.2009 13:29
BRIEF-Sunrise Senior Living Q4 results

March 2 (Reuters) - Sunrise Senior Living Inc: (News)

* Reports financial results for fourth quarter and full-year 2008

* Q4 loss per share $6.07
* Q4 revenue $435.6 million

((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))

COPYRIGHT
Copyright Thomson Reuters 2009. All rights reserved.

The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.

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Sunrise Senior Living Q4 2008 Earnings Call Transcript
seekingalpha.com/article/...rnings-call-transcript?source=feed
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Kurs_USA

 
07.04.09 16:41

Sunrise Senior Living Inc. (WKN: 900921) / NYSE 5662624ih.advfn.com/...id=staticchart&s=NY%5ESRZ&p=0&t=2" style="max-width:560px" />

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Sunrise Signs Twelfth Amendment to Bank Credit ...

 
02.05.09 19:27
finance.yahoo.com/news/...ns-Twelfth-prnews-15061034.html?.v=1

Sunrise Signs Twelfth Amendment to Bank Credit Facility through December 2, 2009

   * On Tuesday April 28, 2009, 5:10 pm EDT

MCLEAN, Va., April 28 /PRNewswire-FirstCall/ -- Sunrise Senior Living, Inc. (NYSE: SRZ - News) today announced it has entered into a twelfth amendment to its Bank Credit Facility, which eliminates all financial covenants, except a minimum liquidity covenant, through the December 2, 2009 maturity date.

"We are very pleased that our bank group has worked with us to maintain our line through its maturity date," said Mark Ordan, Sunrise's chief executive officer. "This enables us to continue our restructuring efforts as we focus on our core business."

In addition to eliminating all financial covenants, except for a minimum liquidity test, the twelfth amendment relieves Sunrise's lenders and letter of credit issuers from advancing any additional proceeds of the loans to the borrowers, and from issuing any new letters of credit for the benefit of Sunrise or any of its subsidiaries through the maturity date.

The amendment requires Sunrise to provide the lenders with additional financial, operational and liquidity reports through the maturity date. The amendment further extends and modifies the application of certain existing negative covenants through the maturity date.

As of April 27, 2009, Sunrise had outstanding borrowings of $72.7 million under the Bank Credit Facility and outstanding letters of credit of approximately $24.5 million.

Further details concerning the twelfth amendment will be contained in a Current Report on Form 8-K to be filed by Sunrise with the U.S. Securities and Exchange Commission.

...(weiter siehe LINK)
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++

 
09.05.09 10:59
Sunrise Senior Living Inc. (WKN: 900921) / NYSE 232044
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SRZ - Q2 2009 Earnings Call Transcript

 
08.08.09 13:16
Sunrise Senior Living, Inc. Q2 2009 Earnings Call Transcript

August 08, 2009
seekingalpha.com/article/...rnings-call-transcript?source=feed
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19.09.09 12:07
Sunrise Senior Living Inc. (WKN: 900921) / NYSE 260779
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Sunrise Senior Living downsizes headquarters

 
30.09.09 19:21
Tuesday, September 29, 2009, 2:42pm EDT

Sunrise Senior Living downsizes headquarters

Washington Business Journal - by Tierney Plumb Staff Reporter
washington.bizjournals.com/washington/...y45.html?surround=lfn

Sunrise Senior Living Inc. is unloading nearly half of its headquarters space in Tysons Corner.

The McLean-based operator of senior living facilities (NYSE: SRZ), which formerly had about 170,000 square feet on Westpark Drive, restructured a new lease and will retain 100,000 square feet.

Earlier this year, the cash-strapped company announced a cost-savings plan that calls for layoffs at its corporate headquarters.

Sunrise will consolidate into one space at 7902 Westpark Dr., rather than operating on two different floors. The space it is relinquishing was reachable via a catwalk in another building on Westpark Drive.

The deal is resulting in a “significant reduction” in Sunrise’s facility costs over the lease term, according to Cushman & Wakefield, which worked out the lease reconfigurement.

As part of the transaction, two existing tenants at the McLean site -- a custom T-shirt company called CustomInk and Level 3 Communications -- took the space Sunrise is dumping off.

In order to work out logistical kinks such as parking, those tenants are not subleasing the space.

Instead, Washington Real Estate Investment Trust is essentially letting Sunrise break its lease for the 70,000 square feet of unneeded space, even though its lease is not up until 2013.
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Sunrise Senior Living amends loan agreement

 
08.10.09 17:59
www.finanznachrichten.de/...-loan-agreement-sec-filing-020.htm

07.10.2009 21:37
BRIEF-Sunrise Senior Living amends loan agreement - SEC filing

Oct 7 (Reuters) - Sunrise Senior Living Inc:

* Says Wells Fargo agreed to extend maturity date of loan agreement from

October 1 to November 16

* As of October 1, there was about $22 million in outstanding borrowings under

loan agreement - SEC filing

((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))



COPYRIGHT

Copyright Thomson Reuters 2009. All rights reserved.

The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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SRZ Enters Into Agreement to Sell 21-Community...

 
09.10.09 13:25

Sunrise Enters Into Agreement to Sell 21-Community Portfolio for $204 Million
 
Date : 10/09/2009 @ 7:00AM
Source : PR Newswire
Stock : Sunrise Senior Living (SRZ)
 
http://ih.advfn.com/...5087111&article=39829643&symbol=NY^SRZ
 
Sunrise Expects to Retain Approximately $60 Million in Proceeds
 
MCLEAN, Va., Oct. 9 /PRNewswire-FirstCall/ -- Sunrise Senior Living, Inc. (NYSE:SRZ) today announced that it has entered into an agreement to sell 21 wholly owned assisted living communities, located in 11 states, to BLC Acquisitions Inc., an affiliate of Brookdale Senior Living Inc. (NYSE:BKD), for $204 million. BLC Acquisitions has placed into escrow an earnest money deposit of $5 million toward the purchase price. The closing date is currently scheduled for November 16, 2009. At the closing of the sale, Sunrise is expected to receive approximately $60 million in proceeds after payment or assumption by BLC Acquisitions of certain mortgage loans, the posting of required escrows, and payment of expenses by Sunrise, but prior to the use of any such funds to repay a portion of the outstanding amounts under Sunrise's bank credit facility. Closing of the transaction is conditioned, among other things, on obtaining the requisite consent of the Company's lenders under its bank credit facility by 5 p.m. on October 19, 2009.
 
The Company expects to record an impairment charge of approximately $7 million in the third quarter of 2009 to write down five of the 21 communities to fair value. The Company expects to record a gain on the sale of real estate of approximately $50 million upon closing of the transaction.
 
"This is another important step in our restructuring process and provides us with needed funds to pay down our bank line and with additional working capital," said Mark Ordan, Sunrise's chief executive officer. "We are particularly pleased that our residents and team members in these communities will join a fine and committed operator like Brookdale."
 
Sunrise was advised on the sale by Goldman, Sachs and Co.
 
About Sunrise Senior Living
 
Sunrise Senior Living, a McLean, Va.-based company, employs approximately 40,000 people. As of June 30, 2009, Sunrise operated 415 communities in the United States, Canada, Germany and the United Kingdom, with a combined unit capacity of approximately 42,750 units. Sunrise offers a full range of personalized senior living services, including independent living, assisted living, care for individuals with Alzheimer's and other forms of memory loss, as well as nursing and rehabilitative services. Sunrise's senior living services are delivered by staff trained to encourage the independence, preserve the dignity, enable freedom of choice and protect the privacy of residents. To learn more about Sunrise, please visit http://www.sunriseseniorliving.com/.

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i

 
09.10.09 16:10

Sunrise Senior Living Inc. (WKN: 900921) / NYSE 6667573ih.advfn.com/...&showctype=1&width=336&height=190" style="max-width:560px" alt="" />

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Update zu #3

 
09.10.09 19:02
#3">
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Sunrise Senior Living Inc. (WKN: 900921) / NYSE 265748
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News & Chart - Sunrise Senior Living Inc.

 
09.10.09 19:08
Kleine_prinz:

Wow die Aktie ist ne wahre Rakete ;-)

 
19.10.09 18:11
Kleine_prinz:

Es wird nicht lange dauern dann 10 USD ;-)

 
19.10.09 18:15
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Credit Agreement Extending Maturity Date ...

 
20.10.09 16:06

Sunrise Enters into 13th Amendment to Credit Agreement Extending Maturity Date to December 2, 2010

ih.advfn.com/p.php

MCLEAN, Va., Oct. 19 /PRNewswire-FirstCall/ -- Sunrise Senior Living, Inc. (NYSE:SRZ) today announced that it has entered into a 13th Amendment to its credit agreement with its bank group extending the maturity date of its credit facility to December 2, 2010.

"This full-year extension of our line is an important step forward in our restructuring," said Mark Ordan, Sunrise's chief executive officer. "All of our stakeholders benefit from this and we are pleased by the cooperation and support from Bank of America and our other line banks."

In connection with the amendment, the requisite lenders under the credit facility consented to the previously disclosed sale of 21 wholly owned assisted living communities to BLC Acquisitions, an affiliate of Brookdale Senior Living Inc. On the closing date of such sale, Sunrise has agreed to make a $28.7 million principal repayment to the lenders, which may include the return of approximately $3.7 million in letters of credit, and to deposit $20 million of the proceeds from the sale into a collateral account held by and pledged to the bank group, which may be used by Sunrise for the purpose of settling claims of other creditors. If the closing of the sale does not occur prior to June 30, 2010, Sunrise will either make a payment equal to the BLC closing payment to the lenders; or make a $5 million principal repayment to the lenders, pay a $1 million extension fee and provide the lenders with certain additional collateral as security for its obligations under the credit agreement.

The amendment, among other matters, modifies the minimum liquidity covenant to require that $10 million of unrestricted cash be on hand on the last day of each month (subject to a 15-day cure period), and revises a covenant to permit Sunrise to dispose of certain assets as long as 50 percent of the net sales proceeds are allocated to the lenders. In connection with the execution of the amendment, Sunrise made a $6 million principal repayment to the lenders and will pay the lenders an amendment fee of $500,000.

As of October 19, 2009, after the $6 million repayment, Sunrise had outstanding borrowings of approximately $62.9 million under the Credit Agreement and outstanding letters of credit of approximately $23.1 million. Principal payments on the bank credit facility previously due on October 31, 2009 and November 30, 2009 are no longer due. Consistent with prior amendments, no additional borrowings under the credit facility are permitted.

 

 

 

 

Sunrise Senior Living Inc. (WKN: 900921) / NYSE 6737537Sunrise Senior Living Inc. (WKN: 900921) / NYSE 6737537Sunrise Senior Living Inc. (WKN: 900921) / NYSE 6737537

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