Classic Residence by Hyatt fact sheet.

Type of company:	Developer, owner, manager, and marketer of luxury senior living communities nationwide. Privately held corporation founded by Chairman and CEO Penny Pritzker in 1987.
Corporate headquarters:	Classic Residence by Hyatt 71 S. Wacker Dr., Suite 900 Chicago, IL 60606 Telephone: (312) 803-8800 Web site: http://www.hyattclassic.com/ Toll-free telephone: 1-800-421-1442 E-mail: pressinfo@hyattclassic.com
Mission:	Classic Residence by Hyatt is dedicated to providing quality environments, services and programs to enrich the lives of older adults.
Key corporate staff:	Chairman and CEO: Penny Pritzker Vice chairman: J. Kevin Poorman President: Randal J. Richardson Chief financial officer: Gary Smith Senior vice president of operations: William S. Sciortino Senior vice president and general counsel: Stephanie W. Fields Senior vice president of sales and marketing: Meg Ostrom Vice president of project management: E. John Hoover Vice president of resident care: JoAnne Carlin Vice president of sales: J. Todd Kemerly
Number of residents:	6,098*
Number of employees:	3,380*
Number of units (in operating communities):	Independent living: 4,420 Assisted living (includes memory support/Alzheimer's care): 899 Skilled nursing: 403 Total: 5,722*
Number of units (in developing communities)	Independent living: 979
	Assisted living (includes memory support/Alzheimer's care): 44
	Skilled nursing: 76
	Total: 1,099*
Typical size of units (in square feet):	Independent living:   1 bedroom, 1 bath: 750–900   1 bedroom, 1 1/2 bath: 800–950   1 bedroom + den, 2 bath: 850–1,000   2 bedroom, 2 bath: 950–1,300   2 bedroom + den, 2 bath: 1,050–1,700   3 bedroom (2 bedroom + den), 2 bath: 1,500–1,900   2 bedroom + den, 2 1/2 or 3 bath apartment/villa/casita: 1,750–4,000   3 bedroom, 3 1/2 bath + den and family room: 4,212 Assisted living:   Full apartment, studio or 1 bedroom: 550 Alzheimer's care and skilled nursing:   Full apartment, studio or 1 bedroom: 275-300
Community types:	Rental senior living community: Residents sign an annual lease and pay a monthly fee. Continuing care retirement community (CCRC): Classic Residence by Hyatt operates primarily Type A CCRCs (called "life care" except in California) with on-site care centers featuring assisted living, memory support/Alzheimer's care and skilled nursing care. At Type A continuing care retirement communities, residents pay an entrance fee and a monthly fee. Residents who are approved for continuing care and who move to the care center continue to pay the same monthly fee they would have paid for their independent living apartment home, plus charges for extra meals and ancillary items. Care at these rates is available for an unlimited period for approved individuals. Because the monthly fee paid by an individual who has been approved for our life care program does not increase if that individual moves to the care center, the individual will typically pay less for care center services than he or she would pay for such services at a comparable care facility without a life care contract.
Schedule of fees:	Monthly fees at rental communities range from $2,500 to $7,500, depending on apartment size and level of care. CCRC entry fees typically range from the low $200,000's to $2 million and up; monthly fees start at approximately $1,900 and up, and vary by unit size and geographical location.
Innovations and unique programs:	Cuisine: Club-style dining in themed restaurants featuring menus prepared by classically trained chefs. Executive chefs attended "Techniques of Healthy Cooking" seminar at the Culinary Institute of America (CIA) at Greystone in Napa Valley, California. Executive directors attended "Quality Every Day" leadership training at the CIA. Classically Caring Cuisine™ menu items are among the selections available at every meal. Classically Caring entrées are generally lower in sodium and fat; desserts are generally lower in sugar. Beginning with Bistro 561, which opened in 2000 at Bentley Village, A Classic Residence by Hyatt in Naples, Florida, Classic Residence has implemented themed dining rooms at each new community. The themed dining rooms offer a more casual setting to complement the community's main dining room. On-site pastry chefs prepare an array of top-quality baked goods and desserts, including low-sugar items, all from scratch. Programs and events: All residents of Classic Residence by Hyatt communities are members of the Classic Club and can reserve guest accommodations at any of the participating Classic Residence by Hyatt communities across the nation at special Classic Club rates. Members enjoy a complimentary continental breakfast each day of their stay, special Classic Club prices for other meals, and use of the amenities and services at the host community. In addition, they can participate in the host community's resident programs and events. Classic Residence by Hyatt communities offer health and fitness programs that focus on wellness, such as yoga, tai chi, aqua aerobics, strengthening and flexibility exercises, and health screenings. Each Classic Residence by Hyatt community features a computer center with Internet and e-mail access.
Community locations (by state):	Scottsdale, Arizona (Classic Residence by Hyatt and The Plaza Companies): Life care community with 260 independent living apartments and casitas, 30 assisted living apartments, 24 Alzheimer's care/memory support suites, and 36 skilled nursing suites. Part of Grayhawk master-planned community. Opened in 1999 as joint venture with The Plaza Companies, which is based in Peoria, Arizona. Monterey, California (The Park Lane, A Classic Residence by Hyatt): Rental senior living community opened in 1967; acquired in 1989 as joint venture with California-based Matteson Investment Corporation. 209 independent living apartments and 31 assisted living apartments. Palo Alto, California: Continuing care retirement community with an extensive CCRC (Type A) program; opened in 2005. 388 independent living residences, 38 assisted living residences, 24 Alzheimer's care/memory support suites, and 44 skilled nursing suites. San Diego, California (Classic Residence by Hyatt at La Jolla Village): Type A CCRC opened in 1996; acquired in 1998. 227 independent living apartments. The on-site care center features 36 assisted living apartments, 23 Alzheimer's care/memory support suites, and 60 skilled nursing suites. An expansion, currently underway, will add spacious apartment homes and new community areas. Aventura, Florida: Life care community opened in February 2003. 247 independent living apartments, 13 assisted living apartments, 12 Alzheimer's care/memory support suites, and 40 skilled nursing suites. Boca Raton, Florida: Rental senior living community opened in 1990 and acquired in 1999. 154 independent living apartments and 60 assisted living apartments. Hollywood, Florida: Rental senior living community opened in 1986; acquired in 1995. 247 independent living apartments, 120 apartments for assisted living and 11 Alzheimer's care/memory support suites. Lantana, Florida (Classic Residence by Hyatt at Lakeside Village): Life care community opened in 1996; acquired in 1996. 250 independent living apartments and villas, 31 assisted living apartments, 12 Alzheimer's care/memory support suites, and 60 skilled nursing suites. Naples, Florida (Bentley Village, A Classic Residence by Hyatt): Life care community opened in 1985; acquired in 1992. 563 independent living apartments and coach homes, 84 assisted living apartments, and 100 skilled nursing suites. Plantation, Florida: Rental senior living community opened in 1989; acquired in 1999. 121 independent living apartments and 50 assisted living apartments. Pompano Beach, Florida: Rental senior living community opened in 1991; acquired in 1993. 111 independent living apartments and 60 assisted living apartments. Glenview, Illinois (Classic Residence by Hyatt at The Glen): Life care community; part of a 1,000-acre master-planned community; opened in August 2002. 296 independent living apartments and villas, 18 assisted living apartments, 13 Alzheimer's care/memory support suites, and 38 skilled nursing suites. Chevy Chase, Maryland: Rental senior living community opened in 1990 as joint venture with Forest City Residential Development, Inc., of Cleveland, Ohio. 318 independent living apartments and 22 assisted living apartments. Reno, Nevada: Rental senior living community opened in 1989 (first Classic Residence by Hyatt community). 175 independent living apartments and 27 assisted living apartments. Teaneck, New Jersey: Rental senior living community opened in 1989 as joint venture with Forest City Residential Development, Inc., of Cleveland, Ohio. 194 independent living apartments and 25 personal care apartments. Yonkers, New York: Rental senior living community opened in 2000 as joint venture with Forest City Residential Development, Inc., of Cleveland, Ohio. 199 independent living apartments, 75 personal care apartments, and 36 Alzheimer's care/memory support suites. Hilton Head Island, South Carolina (TidePointe, A Classic Residence by Hyatt): Continuing care retirement community opened in 1996; acquired in 1998. 203 fee-simple villas, verandas, and cottages for independent living; 40 assisted living apartments; and 25 skilled nursing suites. Fee-for-service continuing care contract. Dallas, Texas: Rental senior living community acquired and opened in 1989. 145 independent living apartments.
Under development:	Scottsdale, Arizona (Classic Residence at Silverstone): Life care community; projected to open in 2010. Approximately 270 independent living apartments and villas plus 22 residences for assisted living, 12 for memory support care, and 24 for skilled nursing care. San Diego, California (Classic Residence by Hyatt at La Jolla Village): A major expansion is underway, including the addition of 184 independent living residences in a second tower. Projected to open in 2008. Highlands Ranch, Colorado: Life care community with 252 independent living residences, 16 for assisted living, 12 for Alzheimer's care/memory support, and 24 for skilled nursing. Projected to open in 2008. Dallas, Texas (Classic Residence by Hyatt at Turtle Creek): Type A continuing care retirement community; projected to open in 2010 in the Turtle Creek area. Approximately 273 independent living residences, 16 assisted living apartments, 13 Alzheimer's care/memory support suites, and 28 skilled nursing suites.