Press Release

GE Healthcare Financial Services Arranges $24 Million Mortgage for Wilkinson Corporation


CHICAGO, November 15, 2004 - GE Healthcare Financial Services has provided a $24 million fixed-rate first mortgage loan to Wilkinson Corporation, a senior housing operator. Wilkinson used the financing to acquire four Alzheimer's care facilities, collectively known as the Gardens, in southern California.

"In addition to industry expertise and experience, GE Healthcare Financial Services provides incredible service and support," says Douglas Ellison, Wilkinson's executive vice-president of acquisitions and development. "We worked with GE to structure a complex deal on a tight time frame, and GE met every deadline."

"GE Healthcare Financial Services tailors every financing solution to meet each client's needs," notes Chris Taylor, vice president of long-term care for GE Healthcare Financial Services. "Clients like Wilkinson value our collaborative approach as well as the speed and certainty of execution that we offer.

About GE Healthcare Financial Services

GE Healthcare Financial Services, a unit of GE Commercial Finance, is a provider of capital, financial solutions, and related services for the global healthcare market. With over $13 billion of capital committed to the healthcare industry, GE Healthcare Financial Services offers a full range of capabilities from equipment financing and real estate financing to working capital lending, vendor programs, and practice acquisition financing. With its knowledge of all aspects of healthcare from hospitals and long-term care facilities to physicians' practices and life sciences, GE Healthcare Financial Services works with customers to create tailored financial solutions that help them improve their productivity and profitability. For more information,visit .

Media Contacts

Deia Campanelli
GE Healthcare Financial Services
312-441-6169