Document:

<PAGE>   1

                                                                   EXHIBIT 10.10

                         ALTERRA HEALTHCARE CORPORATION
                             10000 INNOVATION DRIVE
                           MILWAUKEE, WISCONSIN 53226

                       AMENDMENT NO. 5 TO CREDIT AGREEMENT

                                                                    May 31, 2000

Firstar Bank, National Association
777 East Wisconsin Avenue
Milwaukee, Wisconsin 53202

Ladies and Gentlemen:

              Alterra Healthcare Corporation, a Delaware corporation (the
"Borrower"), hereby agrees with you as follows:

              1. Definitions. Reference is made to that certain Revolving Credit
Agreement dated as of August 19, 1997, as amended through Amendment No. 4
thereto dated April 30, 2000 (the "Credit Agreement") between the Borrower and
you (the "Bank"). All capitalized terms used and not otherwise defined herein
shall have the meanings given to such terms by the Credit Agreement as amended
hereby.

              2. Background. The Borrower has requested that the Maturity Date
of the Revolving Credit Facility be extended to June 30, 2000 and that certain
financial covenants in the Credit Agreement be amended as set forth below. The
Bank has agreed to such amendments subject to all of the terms and conditions of
this Agreement.

              3. Amendments to Credit Agreement. Subject to all of the terms and
conditions hereof, upon execution and delivery of this Agreement, the Credit
Agreement shall be amended, effective as of the date hereof, as follows:

                    (a) All references to the Credit Agreement in the Credit
         Agreement, the Note and all other documents related thereto shall refer
         to the Credit Agreement as amended hereby.

                    (b) The date of May 31, 2000 set forth in Section 1.1 of the
         Credit Agreement (the "Maturity Date") is hereby amended to June 30,
         2000.

                    (c) Clause (i) of Section 1.1 of the Credit Agreement is
         hereby amended and restated as follows:

<PAGE>   2

         "(i) $15,000,000 until the date of consummation of the sale of the
         Initial Securities (as defined in the Purchase Agreement defined
         below), and $10,000,000 from and after such date (the "Loan Amount"),".

                    (d) Section 2.14 of the Credit Agreement is hereby amended
         and restated in its entirety to read as follows:

                           (a) Debt Service Coverage Ratio. The Debt Service
               Coverage Ratio, as of the last day of each fiscal quarter of
               Borrower, shall be greater than or equal to:
<TABLE>
<CAPTION>

                 ----------------------------------------------------------------------------
                 Fiscal Year     1st Quarter    2nd Quarter     3rd Quarter    4th Quarter
                 ----------------------------------------------------------------------------
                 <S>             <C>            <C>             <C>            <C>

                 2000            0.75 to 1.0    0.75 to 1.0     0.75 to 1.0    0.75 to 1.0
                 ----------------------------------------------------------------------------
                 2001            0.75 to 1.0    0.82 to 1.0     0.91 to 1.0    1.0 to 1.0
                 ----------------------------------------------------------------------------
                 2002            1.06 to 1.0    1.13 to 1.0     1.19 to 1.0    1.25 to 1.0
                 ----------------------------------------------------------------------------
</TABLE>

                           (b) Leverage Ratio. The Leverage Ratio, as of the
               last day of each fiscal quarter of Borrower, shall be less than
               or equal to 0.75 to 1.0.

                           (c) Invested Equity. At all times the sum of (i) Net
               Worth plus (ii) the outstanding amount of the Debentures (as
               defined in the Purchase Agreement) shall be greater than or equal
               to $110,000,000, increased on a cumulative basis as of the end of
               each fiscal quarter of Borrower commencing with the fiscal
               quarter ending March 31, 2000 by (A) an amount equal to 50% of
               Net Income (to the extent positive) for the fiscal quarter then
               ended plus (B) an amount equal to 75% of the proceeds from any
               Equity Issuance subsequent to December 31, 1999, and 75% of the
               amount of any pay-in-kind dividends or coupons issued subsequent
               to December 31, 1999.

                    (e) The Financial Definitions Supplement to the Credit
         Agreement is hereby amended by incorporating the following definitions
         in the appropriate alphabetical order:

                    "Capital Stock" means (i) in the case of a corporation,
         capital stock, (ii) in the case of an association or business entity,
         any and all shares, interests, participations, rights or other
         equivalents (however designated) of capital stock, (iii) in the case of
         a limited liability company, membership interests and (v) any other
         interest or participation that confers on a Person the right to receive
         a share of the profits and losses of, or distribution of assets of, the
         issuing Person.

                    "Capital Lease" means, as applied to any Person, any lease
         of any Property (whether real, personal or mixed) by that Person as
         lessee which, in

                                       2

<PAGE>   3

         accordance with GAAP, is or should be accounted for as a capital
         lease on the balance sheet of that Person.

                     "Consolidated Parties" means a collective reference to
         Borrower and its Subsidiaries, and "Consolidated Party" means any one
         of them.

                     "Debt Service Coverage Ratio" means, (i) as of the end of
         the fiscal quarter ending March 31, 2000, for the three month period
         ending on such date, (ii) as of the end of the fiscal quarter ending
         June 30, 2000, for the six month period ending on such date, (iii) as
         of the end of the fiscal quarter ending September 30, 2000, for the
         nine month period ending on such date and (iv) as of the end of each
         fiscal quarter of Borrower beginning with the fiscal quarter ending
         December 31, 2000, for the four fiscal quarter period ending on such
         date, the ratio of (a) the sum of (I) EBITDA for such period plus (II)
         Rental Expense for such period, as determined in accordance with GAAP
         to (b) the sum of (I) cash Interest net of Interest income for such
         period plus (II) Rental Expense for such period, as determined in
         accordance with GAAP.

                     "EBITDA" means, for any period, with respect to the
         Consolidated Parties on a consolidated basis, the sum of (i) Net Income
         for such period plus (ii) the following to the extent deducted in
         computing such Net Income: (a) income tax expense, (b) interest
         expense, (c) depreciation and amortization expense, (d) non-cash
         non-recurring losses arising out of the ordinary course of business
         (including without limitation any adjustments to Borrower's book tax
         valuation allowance), (e) cash non-recurring net losses related to the
         sale of assets in an amount not to exceed $25 million and (f) cash
         non-recurring losses in connection with any charges related to the
         reduction or elimination of overhead costs or restructuring of
         Borrower's stock option program in an amount not to exceed $10 million,
         all as determined in accordance with GAAP minus (iii) the following to
         the extent added in computing such Net Income: (a) income tax benefit
         and (b) Interest income and (c) extraordinary or non-recurring gains,
         all as determined in accordance with GAAP.

                     "Equity Issuance" means any issuance by a Consolidated
         Party to any Person of (a) shares of its Capital Stock or other equity
         interests, (b) any shares of its Capital Stock or other equity
         interests pursuant to the exercise of options (other than Capital Stock
         issued to employees and directors pursuant to employees or directors
         stock option plans and Capital Stock issued to consultants) or
         warrants, (c) any shares of its Capital Stock or other equity interests
         pursuant to the conversion of any debt securities to equity or (d) any
         convertible debt securities evidenced by debentures. The amount of any
         Equity Issuance shall be the sum of (a) the net cash proceeds derived
         from such issuance (exclusive of any indebtedness or debentures
         cancelled in connection with their conversion to equity), plus (b) the
         amount of any indebtedness or debentures cancelled, retired or
         exchanged in connection with the issuance, plus (c) the amount for
         which any TPI-HCR Assignee (as defined in the Purchase Agreement) shall
         be given a credit against the purchase price for such securities
         pursuant to Section 8.1 of the Purchase Agreement plus (d) the amount
         for which any remaining holders of the

                                       3

<PAGE>   4

         TPI-HCR Membership Interests (as defined in the Purchase Agreement)
         shall be given a credit against the purchase price for such securities
         pursuant to Section 8.2 of the Purchase Agreement or (e) the amount for
         which any TPI Member (as defined in the Purchase Agreement) shall be
         given a credit against the purchase price for such securities pursuant
         to Section 9.1 of the Purchase Agreement.

                     "Funded Indebtedness" means, with respect to any Person,
         without duplication, (a) all obligations of such Person for borrowed
         money, (b) all obligations of such Person evidenced by bonds,
         debentures, notes or similar instruments, or upon which interest
         payments are customarily made (expressly excluding, however, the amount
         of convertible securities of the Consolidated Parties (including the
         Debentures as defined in the Purchase Agreement) outstanding on such
         date), (c) all obligations of such Person under conditional sale or
         other title retention agreements relating to Property purchased by such
         Person (other than customary reservations or retentions of title under
         agreements with suppliers entered into in the ordinary course of
         business), (d) all obligations of such Person issued or assumed as the
         deferred purchase price of Property or services purchased by such
         Person (other than trade debt incurred in the ordinary course of
         business and due within twelve months of the incurrence thereof) which
         would appear as liabilities on a balance sheet of such Person, (e) the
         principal portion of all obligations of such Person under Capital
         Leases, (f) the maximum amount of all standby letters of credit issued
         or bankers' acceptances facilities created for the account of such
         Person and, without duplication, all drafts drawn thereunder (to the
         extent unreimbursed), (g) the principal portion of all obligations of
         such Person under Synthetic Leases, (h) all Indebtedness of another
         Person of the type referred to in clause (a)-(g) above secured by (or
         for which the holder of such Funded Indebtedness has an existing right,
         contingent or otherwise, to be secured by) any lien on, or payable out
         of the proceeds of production from, property owned or acquired by such
         Person, whether or not the obligations secured thereby have been
         assumed, (i) all Guaranty Obligations of such Person with respect to
         Indebtedness of the type referred to in clauses (a)-(g) above of
         another Person and (j) Indebtedness of the type referred to in clauses
         (a)-(g) above of any partnership or unincorporated joint venture in
         which such Person is legally obligated or has a reasonable expectation
         of being liable with respect thereto.

                     "Guaranty Obligations" means, with respect to any Person,
         without duplication, any obligations of such Person (other than
         endorsements in the ordinary course of business of negotiable
         instruments for deposit or collection) guaranteeing or intended to
         guarantee any Indebtedness of any other Person in any manner, whether
         direct or indirect, and including without limitation any obligation,
         whether or not contingent, (i) to purchase any such Indebtedness or any
         Property constituting security therefor, (ii) to advance or provide
         funds or other support for the payment or purchase of any such
         Indebtedness or to maintain working capital, solvency or other balance
         sheet condition of such other Person (including without limitation keep
         well agreements, maintenance agreements, comfort letters or similar
         agreements or arrangements) for the benefit of any holder of
         Indebtedness of such other person, (iii) to lease or purchase property,
         securities or services primarily for the purpose of assuring

                                       4

<PAGE>   5

         the holder of such Indebtedness, or (iv) to otherwise assure or hold
         harmless the holder of such Indebtedness against loss in respect
         thereof. The amount of any Guaranty Obligation hereunder shall (subject
         to any limitations set forth therein) be deemed to be an amount equal
         to the outstanding principal amount (or maximum principal amount, if
         larger) of the Indebtedness in respect of which such Guaranty
         Obligation is made.

                     "Hedging Agreement" means any interest rate protection
         agreement or foreign currency exchange agreement.

                     "Indebtedness" means, with respect to any Person, without
         duplication, (a) all obligations of such Person for borrowed money, (b)
         all obligations of such Person evidenced by bonds, debentures, notes or
         similar instruments, or upon which interest payments are customarily
         made, (c) all obligations of such Person under conditional sale or
         other title retention agreements relating to Property purchased by such
         Person (other than customary reservations or retentions of title under
         agreements with suppliers entered into in the ordinary course of
         business), (d) all obligations of such Person issued or assumed as the
         deferred purchase price of Property or services purchased by such
         Person (other than trade debt incurred in the ordinary course of
         business and due within six months of the incurrence thereof or such
         longer period, if the payment of which is being contested in good
         faith) which would appear as liabilities on a balance sheet of such
         person, (e) all obligations of such Person under take-or-pay or similar
         arrangements or under commodities agreements, (f) all Indebtedness of
         others secured by (or for which the holder of such Indebtedness has an
         existing right, contingent or otherwise, to be secured by) any Lien on,
         or payable out of the proceeds of production from, Property owned or
         acquired by such Person, whether or not the obligations secured thereby
         have been assumed, (g) all Guaranty Obligations of such person, (h) the
         principal portion of all obligations of such Person under Capital
         Leases, (i) all obligations of such Person under Hedging Agreements,
         (j) all obligations of such Person to repurchase any securities which
         repurchase obligation is related to the issuance thereof, (k) the
         maximum amount of all standby letters of credit issued or bankers'
         acceptances facilities created for the account of such Person and,
         without duplication, all drafts drawn thereunder (to the extent
         unreimbursed), (l) all preferred Capital Stock issued by such Person
         and required by the terms thereof to be redeemed, or for which
         mandatory sinking fund payments are due, by a fixed date, (m) all other
         obligations of such person under any arrangement or financing structure
         classified as debt (for tax purposes) by any nationally recognized
         rating agency, (n) the principal portion of all obligations of such
         Person under Synthetic Leases and (o) the Indebtedness of any
         partnership or unincorporated joint venture in which such Person is a
         general partner or a joint venturer.

                     "Interest" means, for any period, with respect to the
         Consolidated Parties on a consolidated basis, interest expense net of
         interest income (including the amortization of debt discount and
         premium and the interest component under Capital Leases and the implied
         interest component under Synthetic Leases but excluding the

                                       5

<PAGE>   6

         amortization of deferred financing costs, amendment fees paid and
         bridge loan fees paid), as determined in accordance with GAAP.

                     "Leverage Ratio" means, as of the end of any fiscal quarter
         of Borrower, for the four fiscal quarter period ending on such date
         with respect to the Consolidated Parties on a consolidated basis, the
         ratio of (a) Funded Indebtedness of the Consolidated Parties on a
         consolidated basis on the last day of such period to (b) the sum of (i)
         Funded Indebtedness plus (ii) Net Worth as of such date plus (iii) the
         amount of convertible securities of the Consolidated Parties (including
         the Debentures (as defined in the Purchase Agreement)) outstanding on
         such date plus (iv) book equity which exists in entities for which
         guaranties are included in the definition of Funded Indebtedness.

                     "Net Income" means, for any period, with respect to the
         Consolidated Parties on a consolidated basis, net income (excluding
         extraordinary items) after Interest expense, income taxes and
         depreciation and amortization, all as determined in accordance with
         GAAP (net of sublease income with respect to such operating leases).

                     "Net Worth" means, as of any date with respect to the
         Consolidated Parties on a consolidated basis, shareholder's equity or
         net worth, as determined in accordance with GAAP excluding the impact
         of net non-recurring losses occurring after December 31, 1999.

                     "Operating Leases" means, as applied to any Person, any
         lease (including, without limitation, leases which may be terminated by
         the lessee at any time) of any Property (whether real, personal or
         mixed) which is not a Capital Lease other than any such lease in which
         that Person is the lessor.

                     "Person" means any individual, partnership, joint venture,
         firm, corporation, limited liability company, association, trust or
         other enterprise (whether or not incorporated) or any governmental
         authority.

                     "Purchase Agreement" means that certain Purchase Agreement
         dated as of April 26, 2000 by and among Borrower, as seller, and
         RDVEPCO, L.L.C., a Michigan limited liability company, Group One
         Investors, L.L.C., a Michigan limited liability company and Holiday
         Retirement 2000, LLC, as purchasers, as amended pursuant to First
         Amendment thereto.

                     "Property" means, any interest in any kind of property or
         asset, whether real, personal or mixed, or tangible or intangible.

                     "Rental Expense" means, for any period, with respect to the
         Consolidated Parties on a consolidated basis, rental expense under
         operating leases, as determined in accordance with GAAP (net of
         sublease income with respect to such operating leases).

                                       6

<PAGE>   7

                     "Subsidiary" means, as to any Person at any time, (a) any
         corporation more than 50% of whose Capital Stock of any class or
         classes having by the terms thereof ordinary voting power to elect a
         majority of the directors of such corporation (irrespective of whether
         or not at such time, any class or classes of such corporation shall
         have or might have voting power by reason of the happening of any
         contingency) is at such time owned by such Person directly or
         indirectly through subsidiaries, and (b) any partnership, association,
         joint venture or other entity of which such Person directly or
         indirectly through subsidiaries owns at such time more than 50% of the
         Capital Stock.

                     "Synthetic Lease" means any synthetic lease, tax retention
         operating lease, off-balance sheet loan or similar off-balance sheet
         financing product where such transaction is considered borrowed money
         indebtedness for tax purposes but is classified as an Operating Lease
         for purposes of GAAP.

                     (f) Section 2 of Appendix 1 to the Credit Agreement is
         hereby amended by adding an additional subparagraph d. thereto, reading
         in its entirety as follows:

                 d. Mortgages. By not later than June 30, 2000, the Borrower
                 shall have delivered to the Bank (i) valid and enforceable
                 mortgages or assignments of existing mortgages on the real
                 properties identified on Schedule 1 hereto, (ii) such title
                 insurance endorsements insuring the lien of such mortgages or
                 mortgage assignments as the Bank shall reasonably require, and
                 (iii) such other certificates and other documents as the Bank
                 may reasonably require in connection with such mortgages or
                 mortgage assignments, all in form and substance satisfactory to
                 the Bank.

                     (g) A new Schedule 1 to Appendix 1 of the Credit Agreement
         is hereby added in the form of Schedule 1 attached to this Agreement.

              4.  Conversion of Loans to Revolving Credit and Term Loans. Upon
consummation of the sale of the Initial Securities (as defined in the Purchase
Agreement) and satisfaction by Borrower of the requirements of section 3(f)
above, and so long as no default shall then exist under the Credit Agreement,
the outstanding loans under the Credit Agreement shall be converted to (i) a
revolving credit facility of up to $5,000,000 maturing on June 30, 2001, and
(ii) a term loan in the principal amount of $5,000,000 maturing on June 30,
2001. The Borrower and the Bank shall execute and deliver an amendment to the
Credit Agreement, promissory notes, and all other documents and instruments as
may be necessary or appropriate to carry out the foregoing conversion.

              5.  Conditions. Notwithstanding any other provision of this
Agreement, this Agreement shall not become effective unless and until it has
been signed by all parties to the Credit Agreement.

                                       7

<PAGE>   8

              6.  Representations and Warranties. Except for the representation
in Section 2.12 that there has been no material adverse change in the Borrower's
financial condition since the last financial statements delivered to you, the
Borrower hereby repeats and reaffirms the representations and warranties set
forth in Article II of the Credit Agreement. The Borrower also represents and
warrants that the execution, delivery and performance of this Agreement and the
other documents required hereby are within the corporate powers of the Borrower,
have been duly authorized by all necessary corporate action and do not and will
not (i) require any consent or approval of the stockholders of the Borrower;
(ii) violate any provision of the articles of incorporation or by-laws of the
Borrower or of any law, rule, regulation, order, writ, judgment, injunction,
decree, determination or award presently in effect having applicability to the
Borrower or any subsidiary; (iii) require the consent or approval of, or filing
or registration with, any governmental body, agency or authority; or (iv) result
in any breach of or constitute a default under, or result in the imposition of
any lien, charge or encumbrance upon any property of the Borrower or any
subsidiary pursuant to, any indenture or other agreement or instrument under
which the Borrower or any subsidiary is a party or by which it or its properties
may be bound or affected. This Agreement constitutes, and each of the documents
required herein when executed and delivered hereunder will constitute, legal,
valid and binding obligations of the Borrower or other signatory enforceable in
accordance with its terms, except as such enforceability may be limited by
bankruptcy or similar laws affecting the enforceability of creditors' rights
generally.

              7.  Confirmation of Agreements. Except as expressly provided
above, the Credit Agreement shall remain in full force and effect. This
Agreement does not constitute a waiver or Agreement of any term, condition or
covenant in the Credit Agreement other than as specifically set forth above.
Nothing contained in this Agreement or in any other document, or any course of
dealing with the Borrower, shall be construed to imply that there is any
agreement by the Bank to provide any waiver or agree to any Agreement in the
future. This Agreement shall not release, discharge or satisfy any present or
future debts, obligations or liabilities to the Bank of the Borrower or of any
debtor, guarantor or other person or entity liable for payment or performance of
any of such debts, obligations or liabilities of the Borrower, or any mortgage,
security interest, lien or other collateral or security for any of such debts,
obligations or liabilities of the Borrower or such debtors, guarantors or other
persons or entities, or waive any default except as expressly provided herein,
and the Bank expressly reserves all of its rights and remedies with respect to
the Borrower and all such debtors, guarantors or other persons or entities, and
all such mortgages, security interests, liens and other collateral and security.
This is an amendment and not a novation. The Borrower acknowledges and agrees
that the obligations under the Credit Agreement and Note exist and are owing
with no offset, defense or counterclaim assertible by the Borrower and that the
Credit Agreement and the Note are valid, binding and fully enforceable according
to their respective terms.

              8.  Miscellaneous. The Borrower shall be responsible for the
payment of all fees and out-of-pocket disbursements incurred by the Bank in
connection with the preparation, execution, delivery, administration and
enforcement of this Agreement including all costs of collection, and including
without limitation the reasonable fees and disbursements of counsel

                                       8

<PAGE>   9

for the Bank, whether or not any transaction contemplated by this Agreement is
consummated. The provisions of this Agreement shall inure to the benefit of any
holder of the Note, and shall inure to the benefit of and be binding upon any
successor to any of the parties hereto. All agreements, representations and
warranties made herein shall survive the execution of this Agreement and the
making of the loans under the Credit Agreement, as so amended. This Agreement
shall be governed by and construed in accordance with the internal laws of the
State of Wisconsin. This Agreement may be signed in any number of counterparts
with the same effect as if the signatures thereto and hereto were upon the same
instrument. This Agreement is solely for the benefit of the parties hereto and
their permitted successors and assigns. No other person or entity shall have any
rights under, or because of the existence of, this Agreement.

              If the foregoing is satisfactory to you, please sign the form of
acceptance below and return a signed counterpart hereof to the Borrower.

                                               Very truly yours,

                                               ALTERRA HEALTHCARE CORPORATION

(Corporate Seal)

                                               By:    /s/ Kristin A. Ferge
                                                  ---------------------------
                                                  Title:  Vice President
                                                        ---------------------

             Agreed to as of the date first above written.

                                               FIRSTAR BANK, NATIONAL
                                               ASSOCIATION

                                               By:    /s/ Dale L. Welke
                                                  ---------------------------
                                               Title:  Vice President
                                                     ------------------------

                                       9<PAGE>   1
                                                                   EXHIBIT 10.11

                           KEY CORPORATE CAPITAL INC.
                              66 SOUTH PEARL STREET
                             ALBANY, NEW YORK 12207

                                                 March 30, 2000

Ithaca Bundy Road, LLC
Ithaca Trumansburg Road, LLC
Niagara SC Wheatfield, LLC
Niagara Nash Road, LLC
Clinton Brookside Drive, LLC
250 South Clinton Street
Syracuse, New York 13202

         RE:      KEY CORPORATE CAPITAL INC. CREDIT FACILITIES

Ladies and Gentlemen:

         Reference is made to that certain master loan commitment issued by Key
Corporate Capital Inc. (the "Lender") to ALS-Northeast, LLC dated May 5, 1998
and accepted by ALS-Northeast, LLC on May 6, 1998 (the "Master Commitment").
Pursuant to the Master Commitment and pursuant to project-specific commitments
between Lender and each of you (individually, a "Borrower" and collectively, the
"Borrowers"), the Lender has extended or is extending credit facilities to each
Borrower (individually, a "Credit Facility" and collectively, the "Credit
Facilities"). Each of the Credit Facilities is evidenced by a secured promissory
note (individually, a "Note" and collectively, the "Notes") and is secured by
various documents executed and delivered by each Borrower to the Lender
(collectively, the "Loan Documents") in respect to the specific project (the
"Project") owned by each Borrower. Capitalized terms used herein but not defined
shall have the meaning set forth in the Loan Documents.

<PAGE>   2

Ithaca Bundy Road, LLC
Ithaca Trumansburg Road, LLC
Niagara SC Wheatfield, LLC
Niagara Nash Road, LLC
Clinton Brookside Drive, LLC
March 27, 2000
Page 2

         Pursuant to a letter agreement dated January 14, 2000, Lender and each
Borrower agreed that within sixty (60) days of the date of the letter agreement
they would: (1) exercise their best good faith efforts to negotiate revised
financial covenants to be maintained by Alterra and (2) execute amended Loan
Documents memorializing such revised financial covenants. This letter shall
constitute: (1) an amendment of the Master Commitment with respect to financial
covenants required to be maintained by Alterra and (2) an amendment of each of
the Notes and each of the Loan Documents with respect to the financial covenants
required to be maintained by Alterra.

         Effective on this date hereof, any financial covenant required to be
maintained by Alterra and set forth in the Master Commitment, any of the Notes
or any of the Loan Documents shall be deleted in its entirety, and replaced with
the provisions set forth herein. Alterra shall maintain the following financial
convenants:

         1. MINIMUM CONSOLIDATED NET WORTH. Alterra will not permit its
Consolidated Net Worth at any time to be less than $150,000,000, except that

            a.) effective as of the end of Alterra's fiscal quarter ended June
                30, 1999, the foregoing amount (as it may from time to time be
                adjusted as herein provided), shall be increased by 50% of the
                Consolidated Net Income of Alterra for the two fiscal quarters
                ended on such date, if any (there being no reduction in the case
                of any such Consolidated Net Income which reflects a deficit);

            b.) effective as of the end of Alterra's fiscal quarter ended
                September 30, 1999, and as of the end of each fiscal quarter
                thereafter, the foregoing amount (as it may from time to time be
                adjusted as herein provided), shall be increased by 50% of the
                Consolidated Net Income of Alterra for the fiscal quarter ended
                on such date, if any (there being no reduction in the case of
                any such Consolidated Net Income which reflects a deficit);

            c.) the foregoing amount (as it may from time to time be adjusted as
                herein provided), shall be increased by an amount equal to 75%
                of the cash proceeds (net of underwriting discounts and
                commissions and other customary fees and costs associated
                therewith) from any sale or issuance of equity by Alterra after
                December 31, 1998 (other than any sale or issuance to any
                Subsidiary or to management or employees pursuant to employee
                benefit plans of general application), including, without
                limitation, 75% of the net cash proceeds

<PAGE>   3

Ithaca Bundy Road, LLC
Ithaca Trumansburg Road, LLC
Niagara SC Wheatfield, LLC
Niagara Nash Road, LLC
Clinton Brookside Drive, LLC
March 27, 2000
Page 3

                received by Alterra pursuant to the satisfaction of the New
                Capital Funding Requirement;

            d.) the foregoing amount (as it may from time to time be adjusted as
                herein provided), shall be increased (to the extent not included
                in paragraph c. above) by an amount equal to 75% of (x) the
                principal amount of Indebtedness or (y) the higher of stated
                value or liquidation value of Redeemable Stock, as the case may
                be, which Indebtedness or Redeemable Stock is converted or
                exchanged after December 31, 1998 into common stock of Alterra
                or any of its Subsidiaries;

            e.) the foregoing amount (as it may from time to time be adjusted as
                herein provided), shall be increased by an amount equal to 75%
                of the increase in Consolidated Net Worth attributable to the
                issuance of common stock or other equity interests subsequent to
                December 31, 1998 as consideration in any Acquisition; and

            f.) effective as of the end of Alterra's fiscal quarter ended
                December 31, 1999, the foregoing amount (as it may from time to
                time be adjusted as herein provided), shall be decreased by the
                lesser of (A) 75% of the aggregate non-cash charges taken during
                such fiscal quarter, if any, and (B) $33,750,000.

         2. LEASE AND DEBT SERVICE COVERAGE RATIO. Alterra will not permit the
ratio of (i) Consolidated EBITDAR for any Testing Period, to (ii) Consolidated
Lease and Debt Service Charges for such Testing Period to be less than the
amount indicated below for such Testing Period:

<TABLE>
<CAPTION>
               --------------------------------------------------- -------------
               TESTING PERIOD                                      RATIO

               --------------------------------------------------- -------------
<S>                                                                <C>
               Each Testing Period ending on the last day of a     1.25 to 1.00
               fiscal quarter on or before September 30, 1999
               --------------------------------------------------- -------------
               Testing Period ended December 31, 1999              No
                                                                   Requirement
               --------------------------------------------------- -------------
               Testing Period consisting of the single fiscal       .85 to 1.00
               quarter ended March 31, 2000
               --------------------------------------------------- -------------
               Testing  Period   consisting  of  the  two  fiscal   .87 to 1.00
               quarters ended June 30, 2000
               --------------------------------------------------- -------------
               Testing Period consisting of the three fiscal        .90 to 1.00
               quarters ended September 30,
               --------------------------------------------------- -------------
</TABLE>

<PAGE>   4

Ithaca Bundy Road, LLC
Ithaca Trumansburg Road, LLC
Niagara SC Wheatfield, LLC
Niagara Nash Road, LLC
Clinton Brookside Drive, LLC
March 27, 2000
Page 4

<TABLE>
<S>                                                                <C>
               --------------------------------------------------- -------------
               2000
               --------------------------------------------------- -------------
               Testing Period ended December 31, 2000               .95 to 1.00
               --------------------------------------------------- -------------
               Testing Period ended March 31, 2001                 1.00 to 1.00
               --------------------------------------------------- -------------
               Testing Period ended June 30, 2001                  1.05 to 1.00
               --------------------------------------------------- -------------
               Testing Period ended September 30, 2001             1.15 to 1.00
               --------------------------------------------------- -------------
               Any Testing Period thereafter                       1.25 to 1.00
               --------------------------------------------------- -------------
</TABLE>

         3. MINIMUM CASH & CASH EQUIVALENTS.

            a.) Alterra will not permit the aggregate of its unrestricted cash
                and Cash Equivalents, at any time, to be less than $10,000,000,
                provided, however, that the covenant contained in the section 3
                shall be of no further force or effect upon the satisfaction of
                the New Capital Funding Requirement; and

            b.) Alterra will not permit the aggregate of its unrestricted cash
                and Cash Equivalents, as of the end of its fiscal quarter ended
                March 31, 2000, or as of the end of any fiscal quarter
                thereafter, to be less than $20,000,000, provided, however, if,
                pursuant to the terms and conditions of the $200,000,000 Master
                Construction Line of Credit Agreement dated as of October 6,
                1998 (the "Credit Agreement"), by and among Alterra, the
                borrowers party thereto, the lenders party thereto (the
                "Lenders"), the co-agents party thereto and Key Corporate
                Capital, Inc. as the administrative agent (the "Administrative
                Agent"), as amended (the "October Alterra Line"), the Closing
                Date (as defined in the October Alterra Line) for any of the
                proposed Projects (as defined in the October Alterra Line)
                commonly known as Fresno I, Fresno II, Monroe I, Monroe II,
                Lebanon I, Lebanon II, Bend and Glastonbury has not occurred on
                or before March 31, 2000, then the measurement of unrestricted
                cash and Cash Equivalents as of March 31, 2000 shall include the
                actual net amount funded for each such Project which has closed
                as of such date, if any, together with the net amount
                anticipated to be funded for each such remaining Project, as
                determined by the Administrative Agent in its reasonable
                discretion, provided, further, that the covenant contained in
                this section 3(b) shall be of no further force or effect upon
                the satisfaction of both (i) satisfaction of the New Capital
                Funding Requirement resulting in gross cash proceeds of at least
                $150,000,000, (ii) the ratio of (A) Consolidated EBITDAR for any
                fiscal quarter, to (B) Consolidated Lease and Debt Service
                Charges for such fiscal quarter, exceeds 1.20 to 1.00 for two
                consecutive

<PAGE>   5

Ithaca Bundy Road, LLC
Ithaca Trumansburg Road, LLC
Niagara SC Wheatfield, LLC
Niagara Nash Road, LLC
Clinton Brookside Drive, LLC
March 27, 2000
Page 5

                fiscal quarters, with the first eligible fiscal quarter to be
                measured hereunder being the fiscal quarter ending March 31,
                2000.

         4. ADDITIONAL CAPITAL REQUIREMENTS.

            a.) Alterra will obtain and deliver to the Lender, on or before June
                30, 2000, a written commitment, from one or more financially
                responsible institutional or strategic investors, for the
                purchase from Alterra of (i) shares of capital stock of Alterra
                (other than Redeemable Stock), or (ii) subordinated debt
                securities of Alterra, with a maturity of at least five years
                and no sinking fund or similar requirements and no cash interest
                payments, and providing for subordination of such subordinated
                debt securities to the Obligations on terms satisfactory to the
                Required Lenders, in either case for gross cash proceeds of at
                least $100,000,000 (the "New Capital Commitment Requirement"),
                which may include, without limitation, the net proceeds from a
                commitment to convert the debt evidenced by the Amended and
                Restated Loan Agreement dated as of February 3, 2000 between
                Alterra and RDVEPCO, L.L.C., a Michigan limited liability
                company, in the original principal amount of $15,000,000 as
                thereafter increased to $35,000,000, to shares of capital stock
                of Alterra (other than Redeemable Stock) or subordinated debt
                securities of Alterra, with a maturity of at least five years
                and no sinking fund or similar requirements and no cash
                payments, and providing for subordination of such subordinated
                debt securities to the Obligations on terms satisfactory to the
                Required Lenders, all in an amount not to exceed $35,000,000
                (the "Bridge Loan Conversion").

            b.) Alterra shall have received, on or before June 30, 2000, gross
                cash proceeds of at least $100,000,000, from the issuance by
                Alterra of (A) shares of its capital stock (other than
                Redeemable Stock), or (B) subordinated debt securities of
                Alterra conforming to the requirements specified above, as
                contemplated by the commitment obtained by Alterra which
                satisfied the New Capital Commitment Requirement (the "New
                Capital Funding Requirement"), which proceeds may be comprised
                in part of the net proceeds of the Bridge Loan Conversion.

         5. QUARTERLY MINIMUM CONSOLIDATED EBIT. Alterra will not permit its
Consolidated EBIT for any Testing Period to be less than the amount indicated
below for such Testing Period:

<PAGE>   6

Ithaca Bundy Road, LLC
Ithaca Trumansburg Road, LLC
Niagara SC Wheatfield, LLC
Niagara Nash Road, LLC
Clinton Brookside Drive, LLC
March 27, 2000
Page 6

<TABLE>
<CAPTION>
                        -------------------------------------------------- -------------------
                        FISCAL QUARTER                                     QUARTERLY
                                                                           MINIMUM
                                                                           CONSOLIDATED EBIT

                        -------------------------------------------------- -------------------
<S>                                                                        <C>
                        Testing  Period  consisting  of the single fiscal  $1,321,000
                        quarter ended March 31, 2000
                        -------------------------------------------------- -------------------
                        Testing  Period  consisting  of  the  two  fiscal  $2,539,000
                        quarters ended June 30, 2000
                        -------------------------------------------------- -------------------
                        Testing  Period  consisting  of the three  fiscal  $6,781,000
                        quarters ended September 30, 2000
                        -------------------------------------------------- -------------------
                        Testing Period ended December 31, 2000             $14,427,000
                        -------------------------------------------------- -------------------
                        Testing Period ended March 31, 2001                $26,524,000
                        -------------------------------------------------- -------------------
                        Testing Period ended June 30, 2001                 $42,161,000
                        -------------------------------------------------- -------------------
                        Testing Period ended September 30, 2001            $57,702,000
                        -------------------------------------------------- -------------------
                        Testing Period ended December 31, 2001             $72,013,000
                        -------------------------------------------------- -------------------
</TABLE>

         6. DISTRIBUTIONS. Alterra will not make any distributions or other
payments to any of its shareholders, in their capacity as shareholders other
than dividends in stock or other equity securities of Alterra and non-cash
coupons on equity and debt securities issued pursuant to an acquisition or the
New Capital Commitment Requirement, from the date hereof until such time as the
ratio of (a) Consolidated EBITDAR for any Testing Period consisting of the
immediately preceding 4 fiscal quarters, to (b) Consolidated Lease and Debt
Service Charges for such Testing Period, shall exceed 1.25 to 1.00 for such
Testing Period, with the first eligible Testing Period to be measured hereunder
being the 4 fiscal quarters ending March 31, 2000, provided, however, no such
distributions shall be made prior to December 31, 2000.

         7. MOST FAVORED COVENANT STATUS. Should Alterra at any time after the
date hereof, issue or guarantee or amend any Indebtedness denominated in U.S.
dollars for money borrowed or represented by bonds, notes, debentures, or
similar securities in an aggregate amount exceeding $10,000,000, to any lender
or group of lenders acting in concert with one another, or one or more
institutional investors, pursuant to a loan agreement, credit agreement, note
purchase agreement, indenture, guaranty or other similar instrument or amendment
thereto, which amendment, agreement, indenture, guaranty or instrument, includes
affirmative or negative business or financial covenants (or any events of
default or other type of restriction which would have the practical effect of
any affirmative or negative business or financial

<PAGE>   7

Ithaca Bundy Road, LLC
Ithaca Trumansburg Road, LLC
Niagara SC Wheatfield, LLC
Niagara Nash Road, LLC
Clinton Brookside Drive, LLC
March 27, 2000
Page 7

covenant, including, without limitation, any "put" or mandatory prepayment of
such Indebtedness upon the occurrence of a "change of control") which are
applicable to Alterra, other than those set forth herein or in any of the other
Credit Documents, Alterra shall promptly so notify the Administrative Agent and
the Lenders and if the Administrative Agent shall so request by written notice
to Alterra (after a determination has been made by the Required Lenders that any
of the above-referenced documents or instruments contain any such provisions,
which either individually or in the aggregate, are more favorable to the holders
of such other Indebtedness than any of the provisions set forth herein),
Alterra, the Administrative Agent and the Lenders shall promptly amend this
Agreement to incorporate some or all of such provisions, in the discretion of
the Administrative Agent and the Required Lenders, into this Agreement and, to
the extent necessary and reasonably desirable to the Administrative Agent and
the Required Lenders, into any of the other Credit Documents, all at the
election of the Administrative Agent and the Required Lenders.

         Terms used herein and defined in the Credit Agreement (as herein
defined) still have the meanings set forth therein. For the purposes of this
letter, the following terms shall have the meanings herein specified unless the
context otherwise requires:

         "ACQUISITION" shall mean and include (i) any acquisition on a going
concern basis (whether by purchase, lease or otherwise) of any facility and/or
business operated by any person who is not a Subsidiary of Alterra, and (ii)
acquisitions of a majority of the outstanding equity or other similar interests
in any such person (whether by merger, stock purchase or otherwise).

         "CAPITALIZED LEASE OBLIGATIONS" shall mean all obligations under
Capital Leases of Alterra or any of its Subsidiaries in each case taken at the
amount thereof accounted for as liabilities identified as "capital lease
obligations" (or any similar words) on a consolidated balance sheet of Alterra
and its Subsidiaries prepared in accordance with GAAP.

         "CONSOLIDATED AMORTIZATION EXPENSE" shall mean, for any period, all
amortization expenses of Alterra and its Subsidiaries, all as determined for
Alterra and its Subsidiaries on a consolidated basis in accordance with GAAP.

         "CONSOLIDATED DEPRECIATION EXPENSE" shall mean, for any period, all
depreciation expenses of Alterra and its Subsidiaries, all as determined for
Alterra and its Subsidiaries on a consolidated basis in accordance with GAAP.

         "CONSOLIDATED EBIT" shall mean, for any period, Consolidated Net Income
for such period, plus (A) the sum of the amounts for such period included in
determining such Consolidated Net Income of (i) Consolidated Interest Expense,
(ii) Consolidated Income Tax Expense, and (iii) extraordinary and other
non-recurring non-cash losses and charges, less (B)

<PAGE>   8

Ithaca Bundy Road, LLC
Ithaca Trumansburg Road, LLC
Niagara SC Wheatfield, LLC
Niagara Nash Road, LLC
Clinton Brookside Drive, LLC
March 27, 2000
Page 8

gains on sales of assets and other extraordinary gains and other non-recurring
non-cash gains, all as determined for Alterra and its Subsidiaries on a
consolidated basis in accordance with GAAP.

         CONSOLIDATED EBITDAR" shall mean, for any period, Consolidated EBIT for
such period, plus the sum for such period of (i) Consolidated Depreciation
Expense, (ii) Consolidated Amortization Expense, and (iii) Consolidated Rental
Expense, all as determined for Alterra and its Subsidiaries on a consolidated
basis in accordance with GAAP.

         "CONSOLIDATED INCOME TAX EXPENSE" shall mean, for any period, all
provisions for taxes based on the net income of Alterra or any of its
Subsidiaries (including, without limitation, any additions to such taxes, and
any penalties and interest with respect thereto), all as determined for Alterra
and its Subsidiaries on a consolidated basis in accordance with GAAP.

         "CONSOLIDATED INTEREST EXPENSE" shall mean, for any period, total
interest expense (including that which is attributable to Capital Leases and
Synthetic Leases) of Alterra and its Subsidiaries on a consolidated basis with
respect to all outstanding Indebtedness of Alterra and its Subsidiaries, all as
determined in accordance with GAAP, but (i) including in any event net costs
under Hedge Agreements, and (ii) excluding in any event (x) any amortization or
write-off of deferred financing costs, and (y) any interest during construction
which is capitalized in accordance with GAAP. If Alterra uses the net interest
method of accounting, in which interest expense is determined net of interest
income in accordance with GAAP, then Consolidated Interest Expense may be
determined on such basis.

         "CONSOLIDATED LEASE AND DEBT SERVICE CHARGES" shall mean, for any
period, the sum for such period of (1) Consolidated Interest Expense, (2)
Consolidated Rental Expense, (3) scheduled or mandatory repayments, prepayments
or redemptions of the principal of Indebtedness and the stated or liquidation
value of Redeemable Stock (including required reductions in committed credit
facilities), and (4) without duplication of any amount included under the
preceding clause (3) scheduled payments representing the principal portion of
Capitalized Leases and Synthetic Leases, all as determined for Alterra and its
Subsidiaries on a consolidated basis in accordance with GAAP.

         "CONSOLIDATED NET INCOME" shall mean for any period, the net income (or
loss) of Alterra and its Subsidiaries on a consolidated basis for such period as
a single accounting period determined in conformity with GAAP.

         "CONSOLIDATED NET WORTH" shall mean, at any time for the determination
thereof, the sum of (A) the net cash proceeds received by Alterra pursuant to
the satisfaction of the New Capital Funding Requirements and (B) to the extent
not included in the preceding clause (A), all amounts which, in conformity with
GAAP, would be included under the caption "total

<PAGE>   9

Ithaca Bundy Road, LLC
Ithaca Trumansburg Road, LLC
Niagara SC Wheatfield, LLC
Niagara Nash Road, LLC
Clinton Brookside Drive, LLC
March 27, 2000
Page 9

stockholders' equity" (or any like caption) on a consolidated balance sheet of
Alterra as at such provided that in no event shall Consolidated Net Worth
include any amounts in respect of Redeemable Stock.

         "CONSOLIDATED RENTAL EXPENSE" shall mean, for any period, all basic
rental expenses of Alterra and its Subsidiaries (exclusive of any thereof
specifically intended to cover taxes, maintenance, insurance or similar
charges), all as determined for Alterra and its Subsidiaries on a consolidated
basis in accordance with GAAP, provided that Consolidated Rental Expense shall
be computed without duplication of any amounts in respect of any Capital Lease
or Synthetic Lease which is included in Consolidated Interest Expense.

         "REDEEMABLE STOCK" shall mean with respect to any person which is a
corporation, any capital stock of such corporation, and with respect to any
person which is not a corporation, any equity interests of such person which are
similar to capital stock, in each case that (i) is by its terms subject to
mandatory redemption, in whole or in part pursuant to a sinking fund, scheduled
redemption or similar provisions, at any time prior to the latest date when any
Loans could mature under section 2.7 of the Credit Agreement; (ii) otherwise
required to be repurchased or retired on a scheduled date or upon the occurrence
of any event or circumstance, at the option of the holder or holders thereof, or
otherwise, at any time prior to the latest date when any Loans could mature
under section 2.7 of the Credit Agreement, other than any such repurchase or
retirement occasioned by a "change of control" or similar event.

         "SUBSIDIARY" of any person shall mean and include (i) any corporation
more than 50% of whose stock of any class or classes having by the terms thereof
ordinary voting power to elect a majority of the directors of such corporation
(irrespective of whether or not at the time stock of any class or classes of
such corporation shall have or might have voting power by reason of the
happening of any contingency) is at the time owned by such person directly or
indirectly through Subsidiaries and (ii) any partnership, association, joint
venture or other entity in which such person directly or indirectly through
Subsidiaries, has more than a 50% equity interest at the time. Unless otherwise
expressly provided, all references herein to "Subsidiary" shall mean a
Subsidiary of Alterra.

         "TESTING PERIOD" shall mean for any determination a single period
consisting of the four consecutive fiscal quarters of Alterra then last ended
(whether or not such quarters are all within the same fiscal year) except that
if a particular provision of this Agreement indicates that a Testing Period
shall be of a different specified duration, such Testing Period shall consist of
the particular fiscal quarter or quarters of Alterra then last ended which are
so indicated in such provision.

<PAGE>   10

Ithaca Bundy Road, LLC
Ithaca Trumansburg Road, LLC
Niagara SC Wheatfield, LLC
Niagara Nash Road, LLC
Clinton Brookside Drive, LLC
March 27, 2000
Page 10

         Lender agrees that from October 1, 1999 through the period concluding
with the date hereof, the applicability of the financial convenants set forth
herein and in Section VI (e) of each of the Notes is suspended and revoked.

         Would you please countersign this letter in the space provided therefor
below to indicate your agreement to the terms set forth herein.

                                   Sincerely,

                                   KEY CORPORATE CAPITAL, INC.

                                   By:  /s/ Marc W. Wegener
                                        ---------------------------------------
                                            Marc W. Wegener, Vice President

Agreed and accepted to this 30th day of March, 2000

ALTERRA HEALTHCARE CORPORATION

By:  /s/ David M. Boitano
     ---------------------------------------
Name:    David M. Boitano
        ------------------------------------
Title:  Senior Vice President
        ------------------------------------

ALS-NORTHEAST, LLC
By:  Assisted Living Equities, LLC,
         its member

By:  /s/ Mark A. Belanger
     ---------------------------------------
Name:    Mark A. Belanger
        ------------------------------------
Title:  Authorized Member
        ------------------------------------

By:  Alterra Healthcare Corporation,
         its member

By:  /s/ David M. Boitano
     ---------------------------------------
Name:    David M. Boitano
        ------------------------------------

<PAGE>   11

Ithaca Bundy Road, LLC
Ithaca Trumansburg Road, LLC
Niagara SC Wheatfield, LLC
Niagara Nash Road, LLC
Clinton Brookside Drive, LLC
March 27, 2000
Page 11

Title:  Senior Vice President
        ------------------------------------

ITHACA BUNDY ROAD, LLC
By:  Assisted Living Equities, LLC,
         its member

By:  /s/ Mark A. Belanger
     ---------------------------------------
Name:    Mark A. Belanger
        ------------------------------------
Title:  Authorized Member
        ------------------------------------

By:  Alterra Healthcare Corporation,
         its member

By:  /s/ David M. Boitano
     ---------------------------------------
Name:    David M. Boitano
        ------------------------------------
Title:  Senior Vice President
        ------------------------------------

ITHACA TRUMANSBURG ROAD, LLC
By:  Assisted Living Equities, LLC,
         its member

By:  /s/ Mark A. Belanger
     ---------------------------------------
Name:    Mark A. Belanger
        ------------------------------------
Title:  Authorized Member
        ------------------------------------

By:  Alterra Healthcare Corporation,
         its member

By:  /s/ David M. Boitano
     ---------------------------------------
Name:    David M. Boitano
        ------------------------------------
Title:  Senior Vice President
        ------------------------------------

<PAGE>   12

Ithaca Bundy Road, LLC
Ithaca Trumansburg Road, LLC
Niagara SC Wheatfield, LLC
Niagara Nash Road, LLC
Clinton Brookside Drive, LLC
March 27, 2000
Page 12

[SIGNATURES CONTINUED ON NEXT PAGE]

<PAGE>   13

Ithaca Bundy Road, LLC
Ithaca Trumansburg Road, LLC
Niagara SC Wheatfield, LLC
Niagara Nash Road, LLC
Clinton Brookside Drive, LLC
March 27, 2000
Page 13

NIAGARA SC WHEATFIELD, LLC
By:  Assisted Living Equities, LLC,
         its member

By:  /s/ Mark A. Belanger
     ---------------------------------------
Name:    Mark A. Belanger
        ------------------------------------
Title:  Authorized Member
        ------------------------------------

By:  Alterra Healthcare Corporation,
         its member

By:  /s/ David M. Boitano
     ---------------------------------------
Name:    David M. Boitano
        ------------------------------------
Title:  Senior Vice President
        ------------------------------------

NIAGARA NASH ROAD, LLC
By:  Assisted Living Equities, LLC,
         its member

By:  /s/ Mark A. Belanger
     ---------------------------------------
Name:    Mark A. Belanger
        ------------------------------------
Title:  Authorized Member
        ------------------------------------

By:  Alterra Healthcare Corporation,
         its member

By:  /s/ David M. Boitano
     ---------------------------------------
Name:    David M. Boitano
        ------------------------------------
Title:  Senior Vice President
        ------------------------------------

[SIGNATURES CONTINUED ON NEXT PAGE]

<PAGE>   14

Ithaca Bundy Road, LLC
Ithaca Trumansburg Road, LLC
Niagara SC Wheatfield, LLC
Niagara Nash Road, LLC
Clinton Brookside Drive, LLC
March 27, 2000
Page 14

CLINTON BROOKSIDE DRIVE, LLC
By:  Assisted Living Equities, LLC,
         its member

By:  /s/ Mark A. Belanger
     ---------------------------------------
Name:    Mark A. Belanger
        ------------------------------------
Title:  Authorized Member
        ------------------------------------

By:  Alterra Healthcare Corporation,
         its member

By:  /s/ David M. Boitano
     ---------------------------------------
Name:    David M. Boitano
        ------------------------------------
Title:  Senior Vice President
        ------------------------------------

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00013-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00013-of-00352.parquet"}]]