EX-99.2 10 snh_093016xexhibitx992.htm EXHIBIT 99.2
Exhibit 99.2
October 28, 2016
Mr. Bruce J. Mackey, Jr.
Five Star Quality Care, Inc.
400 Centre Street
Newton, MA 02458
Four Georgia AL/IL Properties
Dear Bruce:
The purpose of this letter is to confirm our understanding and agreement that Five Star Quality Care, Inc. (“FVE”) will take over operations of the four senior living communities described below:

Property |  | Street Address |  | City, State |  | IL Units |  | AL Units |  | MC Units |  | Total Units
Dogwood Forest of Gainesville |  | 3315 Thompson Bridge Rd. |  | Gainesville, GA |  | 85 |  | 43 |  | 20 |  | 148
Dogwood Forest of Fayetteville |  | 1294 Hwy 54 West |  | Fayetteville, GA |  | 0 |  | 44 |  | 18 |  | 62
Dogwood Forest of Alpharetta |  | 253 N. Main St |  | Alpharetta, GA |  | 0 |  | 56 |  | 20 |  | 76
Dogwood Forest of Eagles Landing |  | 475 Country Club Dr. |  | Stockbridge, GA |  | 0 |  | 43 |  | 18 |  | 61
|  |  |  |  |  | 85 |  | 186 |  | 76 |  | 347

Five Star will manage these communities for SNH on substantially the same terms and conditions as are applicable to the property known as Chateau Vestavia in Birmingham, Alabama.
We expect Five Star’s management of these four Georgia communities to begin on November 23. The transition of management to Five Star is conditioned on our obtaining any required approvals, including lender approvals, and the effective termination of the current manager of these communities.

October 28, 2016
Page Two
Please confirm your agreement with the foregoing by signing below where indicated and returning a copy of this letter so signed to me.
Very truly yours,
/s/ David J. Hegarty
David J. Hegarty
President
AGREED:
FIVE STAR QUALITY CARE, INC.
By: /s/ Bruce J. Mackey, Jr.
Bruce J. Mackey, Jr.
President