At September 30, 2009, HCP had $13.8 billion in assets under management.

⁽¹⁾ Represents the historical cost of real estate owned by HCP and 100% of the cost of real estate owned by unconsolidated joint ventures as of September 30, 2009. Excludes $1.3 billion of mezzanine debt and other debt investments as the investments with these assets cannot be allocated to a particular region.

⁽²⁾ "Various" - 37 states and Mexico with less than 3%.