Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 16, 2009, Justin Hutchens, Executive Vice President and Chief Operating Officer, resigned his position effective March 17, 2009. Mr. Hutchens is leaving in order to pursue an opportunity outside the industry as President and Chief Operating Officer of National Health Investors, Inc. (NYSE: NHI), a healthcare REIT based in Murfreesboro, Tennessee.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No. Description

99.1 Press Release dated February 18, 2009, entitled Emeritus Announces Resignation of Chief Operating Officer.

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