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EXHIBIT A <br />CAPITAL PROJECTS DESCRIPTION <br />The financing or refinancing (including reimbursement), the costs of acquisition, construction, <br />equipping and improvement of existing and additional facilities at the properties of the Corporation as more <br />particularly described below. <br />(1) St. Andrews Estates <br />Address: North Campus: 6152 North Verde Trail, Boca Raton, <br />Palm Beach Co., FL 33433-2430 <br />South Campus: 6045 Verde Trail South, Boca Raton, <br />Palm Beach Co., FL 33433-4476 <br />Description of Existing Facility: 417 independent living units, central facilities, 70 assisted <br />living units and a 77 bed medical care facility. <br />Projects to be Financed: Miscellaneous capital improvements and renovations and <br />the acquisition of capital equipment, including, but not <br />limited to, renovations and upgrades to residential living <br />units, health care facilities and common areas, the <br />acquisition of new plant equipment, and other facility <br />interior and exterior enhancements, clubhouse carport <br />renovations, and technology advancements. <br />Maximum Principal Amount up to: $10,000,000 <br />(2) Edgewater at Boca Pointe <br />Address: 23315 Blue Water Circle, Boca Raton, Palm Beach Co., <br />FL 33433-7053 <br />Description of Existing Facility: 315 independent living units, central facilities, 40 assisted <br />living units and a 59 bed medical care facility. <br />Projects to be Financed: Miscellaneous capital improvements and renovations and <br />the acquisition of capital equipment, including, but not <br />limited to, renovations and upgrades to residential living <br />units, health care facilities and common areas, the <br />acquisition of new plant equipment, and other facility <br />interior and exterior enhancements, including specifically <br />assisted living and skilled nursing center renovations and <br />technology advancements. <br />Maximum Principal Amount up to: $20,000,000 <br />