MCLEAN, Va., Jan. 12, 2012/PRNewswire/ -- Sunrise Senior Living, Inc. (NYSE: SRZ) said today that management will participate in an executive forum as part of the American Seniors Housing Association Annual Meeting on Tuesday, January 17, 2012at 10:00 a.m. Pacific Time(1:00 p.m. Eastern Time) and, later that day, in a panel discussion at the Stifel Nicolaus Senior Housing & Healthcare Real Estate Conference at 1:30 p.m. Pacific Time(4:30 p.m. Eastern Time).
Any written materials accompanying the Company's participation in either event will be available on the Company's website on January 17, 2012and for a limited period following the events.
About Sunrise Senior Living
Sunrise Senior Living, a McLean, Va.-based
company, employs approximately 31,700 people. As of
September 30, 2011, Sunrise operated 311
communities located in the United States,
Canadaand the United Kingdom,
with a unit capacity of approximately 30,700 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 .
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 these
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 risk that we may not be
able to successfully execute our plan to sell certain
assets mortgaged to our German restructure transaction or
the net sale proceeds of the mortgaged North American
properties are not sufficient to pay the minimum amount
guaranteed by Sunrise to the lenders that are party to the
German restructure transactions; the risk that we may be
unable to reduce expenses and generate positive operating
cash flows; the risk of future obligations to fund
guarantees to some of our ventures and lenders to the
ventures; the risk of further write-downs or impairments of
our assets; the risk that we are unable to obtain waivers,
cure or reach agreements with respect to existing or future
defaults under our loan, venture and construction
agreements; the risk that we will be unable to repay,
extend or refinance our indebtedness as it matures, or that
we will not comply with loan covenants; the risk that our
ventures will be unable to repay, extend or refinance their
indebtedness as it matures, or that they will not comply
with loan covenants creating a foreclosure risk to our
venture interest and a termination risk to our management
agreements; the risk that we are unable to continue to
recognize income from refinancings and sales of communities
by ventures; the risk of declining occupancies in existing
communities or slower than expected leasing of newer
communities; the risk that we are unable to extend leases
on our operating properties at expiration, in some cases,
the expiration is as early as 2013; the risk that some of
our management agreements, subject to early termination
provisions based on various performance measures, could be
terminated due to failure to achieve the performance
measures; the risk that our management agreements can be
terminated in certain circumstances due to our failure to
comply with the terms of the management agreements or to
fulfill our obligations thereunder; the risk that ownership
of the communities we manage is heavily concentrated in a
limited number of business partners; the risk our current
and future investments in ventures could be adversely
affected by our lack of sole decision-making authority, our
reliance on venture partners' financial condition, any
disputes that may arise between us and our venture partners
and our exposure to potential losses from the actions of
our venture partners; the risks from our international
operations which are subject to a variety of risks that
could adversely affect those operations and thus our
profitability and operating results; the risk from
competition and our response to pricing and promotional
activities of our competitors; the risk of liability claims
against us in excess of insurance limits could adversely
affect our financial condition and results of operations
including publicity surrounding some claims that may damage
our reputation, which would not be covered by insurance;
the risk of not complying with government regulations; the
risk of new legislation or regulatory developments; the
risk of changes in interest rates; the risk of
unanticipated expenses; the risks of further downturns in
general economic conditions including, but not limited to,
financial market performance, downturns in the housing
market, consumer credit availability, interest rates,
inflation, energy prices, unemployment and consumer
sentiment about the economy in general; the risks
associated with the ownership and operation of assisted
living and independent living communities; and other risk
factors detailed in our Current Report on Form 8-K
filed with the SEC on April 14, 2011, and as
may be further amended or supplemented in our Form 10-Q
filings. The Company assumes no obligation to update or
supplement forward-looking statements that become untrue
because of subsequent events. Unless the context suggests
otherwise, references herein to "Sunrise," the
"Company," "we," "us" and
"our" mean Sunrise Senior Living, Inc. and our
consolidated subsidiaries.
Investor Relations Contact
Tim Smith, 703-854-0348
Media Contact
Meghan Lublin, 703-854-0299
SOURCE Sunrise Senior Living, Inc.
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