The Carlyle Group Buys Franklin Park at Cityview Senior Housing Community

FORT WORTH, Texas - Global alternative asset manager The Carlyle Group today announced that it has acquired Franklin Park at Cityview, a 203-unit independent living community in Southwest Fort Worth. Leisure Care will become property manager for the community at closing. Upon closing, the community will be re-named Vantage at Cityview. Financial terms were not disclosed.

Franklin Park is located in the Cityview area of Fort Worth, Texas, proximate to Hulen Mall and numerous restaurants, retail venues, hospitals and attractive residential neighborhoods.

Constructed in 2004, the community provides a distinctive living experience on 24 acres. Franklin Park features many top-of-the-line amenities including a heated swimming pool, nine-hole putting green, fitness center, theatre, full-service salon, transportation services, and a restaurant.

Franklin Park also features a variety of programs and services to enhance the lives of seniors. Carlyle expects to spend more than $1 million after closing to upgrade the property, including refreshing the common areas and enhancing the food service
program.

“We are excited to share our vision of Five-Star Fun with the residents of Franklin Park. They have a beautiful building to call home and we are anxious to provide the engaging programs and services that will create a world class retirement experience for them,” said Jason Childers, Senior Vice President, Leisure Care. “This addition to the Leisure Care portfolio continues our business plan of expanding our services to new locations and marks what we believe will be a great partnership with The Carlyle Group.”

“Franklin Park at Cityview is a great community in a strong submarket of Fort Worth,” said Thad Paul, Principal, US Real Estate at The Carlyle Group. “By combining our proven real estate success and Leisure Care’s strong operational leadership, we are confident this community will be an outstanding performer for our portfolio.”

With the addition of Franklin Park, Leisure Care now operates 38 communities in the US and Canada.

Equity for the transaction will come from Carlyle Realty Partners, the U.S. real estate group within The Carlyle Group, and represents its 30th investment in the senior housing sector.

* * * * *

About Franklin Park at Cityview
Franklin Park at Cityview is located at 6301 Overton Ridge Road in Fort Worth.
Developed in 2004, the community offers 203 independent living apartments. Franklin
Park is managed by Leisure Care and features a wide variety of lifestyle-enhancing
programs like PrimeFitSM fitness, Brain Fitness by Posit ScienceTM, travel services by
Twist Travel, and outstanding dining options. For more information, visit
www.leisurecare.com or call 817-292-5600.

About Leisure Care, LLC
Leisure Care, LLC, a part of the One Eighty family of companies, is one of the largest
privately owned and most innovative operators of senior living communities in the
United States and Canada. Its inventive ‘Five-Star Fun’ philosophy is changing the
perception of senior living by providing amenities commonly associated with five-star
hotels and which support a healthy, active lifestyle. Dynamic programs and wellnessoriented
offerings include: restaurant dining; PrimeFitSM, an innovative health and fitness
program with personal training options; Balance BuildersSM, a proprietary program
designed to help seniors restore and maintain balance; and Twist TravelSM, a full-service
escorted travel and tour program. Founded in 1976, Leisure Care currently operates 38
communities offering nearly 6,000 apartments. For more information, please visit
www.leisurecare.com, www.oneeightytwist.com, or call 1-800-327-3490.

About The Carlyle Group
The Carlyle Group is a global alternative asset manager with $106.7 billion of assets
under management committed to 84 funds as of December 31, 2010. Carlyle invests
across three asset classes - corporate private equity, real assets and global market
strategies - in Africa, Asia, Australia, Europe, North America and South America
focusing on aerospace & defense, consumer & retail, energy & power, financial services,
healthcare, industrial, infrastructure, technology & business services, telecommunications
& media and transportation. Since 1987, the firm has invested $68.7 billion of equity in
1,035 transactions. The Carlyle Group employs more than 990 people in 19 countries.
Web: www.carlyle.com; Video:
www.youtube.com/OneCarlyle

# # #