HealthLease Properties Real Estate Investment Trust Announces Strategic Hires by its External Manager

HealthLease Properties Real Estate Investment Trust Announces Strategic Hires 
by its External Manager 
TORONTO, April 23, 2013 /CNW/ - HealthLease Properties Real Estate Investment 
Trust (HLP.UN) ("HealthLease" or "the REIT") today announced that its external 
manager, Mainstreet Property Group, LLC ("Mainstreet"), notified it of several 
strategic hires, including Carole Cowper as Vice President-Acquisitions, Alan 
Vaughan as Vice President-Acquisitions, and Scott White as Executive Vice 
President-Finance, each of whom will provide services on behalf of the REIT. 
Ms. Cowper and Mr. Vaughan will be focused on identifying and securing real 
estate acquisition opportunities for the REIT across Canada, whereas Mr. White 
will be responsible for driving the fundraising and capital markets needs of 
Mainstreet, including related to its external development activities for the 
On Ms. Cowper and Mr. Vaughn, Zeke Turner, Chairman and CEO of Mainstreet and 
HealthLease, says "We are very pleased to welcome Carole and Alan to our 
team. They both come from credible organizations and bring a wealth of 
experience and talent to our team. We are committed to helping the REIT grow 
in Canada, as well as in the U.S., and these hires add significant value to us 
as an organization. Their particular backgrounds in Canadian real estate are 
important as we continue to execute the REIT's growth strategy through 
acquisitions. We look forward to their contributions and insights." 
Ms. Cowper has over 25 years of experience in real estate and has gained a 
comprehensive understanding of the industry through a variety of different 
roles in both the United Kingdom and Canada. Prior to her appointment to 
HealthLease, Ms. Cowper worked at HealthTrust Canada (acquired by the Altus 
Group in 2008), at which she held a number of senior leadership roles from 
2007 to 2012. She was also previously involved in a property and asset 
management role for a property portfolio worth over C$1.2 billion. Ms. Cowper 
obtained her MRICS and FRICS designations from the Royal Institute of 
Chartered Surveyors and her AACI designations from the Appraisal Institute of 
Mr. Vaughan has more than 35 years of experience in the business sector with a 
focus on business development, financings, and real estate acquisitions. From 
2002 to 2012, Mr. Vaughan was Vice President, Business Development with 
Northern Property Real Estate Investment Trust ("NPR") (TSX: NPR.UN). During 
his tenure with NPR, Mr. Vaughan acquired more than $750 million of 
income-producing properties and was instrumental to NPR's growth. Prior to 
joining NPR, Mr. Vaughan founded Arctic Financial Limited, a subsidiary of 
Pacific & Western Trust Corporation. 
On Mr. White, Mr. Turner remarks, "Our company is at an important inflection 
point in its growth strategy and we are delighted to be able to bring aboard 
someone with Scott's experience and talent. Scott and I worked together 
earlier in our careers and I know he brings the capital markets and 
fundraising knowledge that is vital to the growth of both Mainstreet's and the 
REIT's business." 
Mr. White most recently served as a Senior Vice President in the Private Funds 
Group of Brookfield Asset Management. Prior to that, he held senior roles in 
Citigroup's Investment Bank covering both health care companies and 
alternative asset managers at various points in his career. Mr. White also 
worked for PricewaterhouseCoopers. Mr. White holds a BA and MBA from Rutgers 
University as well as a JD from University of Pennsylvania Law School. 
"I am excited to be joining Mainstreet at this critical juncture for the 
business. The team has built a compelling business model and is well 
positioned as a leader and innovator in a rapidly growing sector of our 
economy," said Mr. White. 
"We have a strong company that is poised to become an industry leader. 
Expanding our relationships with capital providers is vitally important to our 
continued success. Scott will be instrumental in helping us realize both 
Mainstreet's and the REIT's full potential," said Adlai Chester, CFO. 
About HealthLease Properties Real Estate Investment Trust 
HealthLease Properties Real Estate Investment Trust (TSX: HLP.UN) owns a 
portfolio of seniors housing and care facilities located in the United States 
and Canada. The facilities are leased to experienced tenant operators who 
have significant operational experience in the U.S. and Canada. The leases are 
structured as long-term and triple-net, features that provide stability and 
dependability to the REIT's cash flow and distributions. The REIT's 
best-in-class portfolio of properties meets the needs of modern seniors by 
emphasizing features such as hotel-like design, private rooms and baths, and 
hospitality-inspired amenities. For more information, visit 
About Mainstreet Property Group 
Indiana-based Mainstreet Property Group, the largest skilled nursing developer 
in the United States, is known for acquiring and developing desirable, 
concierge-based health care properties with a hotel-like atmosphere for a 
variety of short-term and long-term needs. The company's innovative and 
industry-leading Next Generation™ design meets the demands of the Baby 
Boomer, including communities with multiple social destinations, 
restaurant-style dining, spacious private rooms and baths, and 
therapy/wellness. Mainstreet was named to the Inc. 500/5000 list of 
fastest-growing companies in 2010, 2011, and 2012. For additional information, 
Forward-Looking Information 
This news release contains forward-looking statements which reflect the REIT's 
current expectations regarding future events. The forward-looking statements 
involve risks and uncertainties, including those set forth in the REIT's AIF 
dated March 6, 2013 under the section "Risk Factors", a copy of which can be 
obtained at Actual results could differ materially from those 
projected herein. The REIT disclaims any obligation to update these 
forward-looking statements. 
Adlai Chester Chief Financial Officer HealthLease Properties REIT (317) 
420-0205 ext. 106  Salvador Diaz Investor Relations TMX Equicom (416) 815-0700 
ext. 242 
SOURCE: HealthLease Properties Real Estate Investment Trust 
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CO: HealthLease Properties Real Estate Investment Trust
ST: Ontario
-0- Apr/23/2013 11:00 GMT
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