Exhibit 99.4

Dawn Limited Partnership

30 September 2012

Dawn Limited Partnership

Group profit and loss account

for the 9 months ended 30 September 2012 (Unaudited)

All amounts relate to continuing activities.

Group statement of total recognised gains and losses

for the 9 months ended 30 September 2012 (Unaudited)

1

Dawn Limited Partnership

Group balance sheet

at 30 September 2012 (Unaudited)

2

Dawn Limited Partnership

Group statement of cash flows

for the 9 months ended 30 September 2012 (Unaudited)

3

Dawn Limited Partnership

Notes to the interim financial statements

at 30 September 2012 (Unaudited)

1.                   Accounting policies

Basis of preparation

The interim financial statements are prepared under the historical cost convention, modified to include the revaluation of tangible fixed assets, and in accordance with United Kingdom Accounting Standards.

Going concern

The Group incurred a loss for the year ended 30 September 2012 of £10,854,000 and has net current liabilities of £395,280,000 as at 30 September 2012. As previously reported, the Group was in breach of both its loan to value and interest coverage ratio covenants at the balance sheet date in respect of its loan with Bank of Scotland Plc. At 30 September 2012 refinancing was under negotiation but because the Bank of Scotland Plc had the right to accelerate repayment, debt was presented as falling due within one year. In light of the reported financial position and financial performance of the Group, the directors have taken steps to satisfy themselves as to the viability of the Group such that preparation of these interim financial statements on the going concern basis remains appropriate.

The Group’s unrestricted cash balance as at 30 September 2012 was £11,840,000 (the difference of £296,000 to the reported cash in the Group balance sheet is restricted cash held in the resident deposit and debt service bank account) and as at 30 November 2012 was £9,327,000. Based upon current detailed forecasts to the end of December 2013, the cash position of the Group is expected to strengthen due to the debt restructuring exercise with Bank of Scotland Plc and repayment of the loan with Aeriance S.A., noted below, reducing the cash interest burden on the Group. In addition, improving operating performance, as a result of rising resident occupancy, care and accommodation fee increases and robust cost control, will further support the cash position of the Group. As such the directors have concluded that there are sufficient cash resources to meet the Group’s liabilities as they fall due.

The Group’s existing facility agreement with Bank of Scotland Plc was amended on 16 October 2012 (“the Agreement”). The amendment to the Agreement extends the debt to December 2015 and has reset the existing debt covenants to an appropriate level for the current economic environment. The directors are comfortable the Group’s ability to meet all covenants will continue throughout the going concern period.

The Group facility with Aeriance S.A. was fully repaid on 16 October 2012, by a parent undertaking. As such, the removal of the interest obligations will support the positive trends in the forecasted cash flow, and reduce the burden of debt covenant compliance on the Group. It is expected that the related party creditor will be converted into equity as a result of the merger between Sunrise Senior Living Inc. and Health Care REIT in the first half of 2013.

As a result of their review, the directors continue to adopt the going concern basis of accounting in preparing the Group’s interim financial statements for the period ended 30 September 2012.

Basis of consolidation

The Group interim financial statements include the Partnership and all its wholly owned subsidiaries, drawn up to 30 September 2012. The results of subsidiary undertakings acquired or disposed of in the year are included in the Group profit and loss account from the date of acquisition or up to the date of disposal. All significant intercompany balances and transactions are eliminated upon consolidation.

A subsidiary is an entity in which the Partnership controls the operating and financial policies, by holding directly or indirectly more than 50% of the equity shares, or by other means. Investments in subsidiary undertakings are eliminated on consolidation.

4

Dawn Limited Partnership

Notes to the interim financial statements (continued)

at 30 September 2012 (Unaudited)

1.                   Accounting policies (continued)

Goodwill

Goodwill arising on acquisition whereby the cost of acquisition exceeds the aggregate fair values of the identifiable assets and liabilities at the date of acquisition is capitalised on the balance sheet in accordance with FRS 10 (“Goodwill and Intangible Assets”). Conversely, if the aggregate fair values of the acquired entity’s assets and liabilities exceed the cost of acquisition then negative goodwill is recognised on the balance sheet. The fair values of net identifiable assets, liabilities and purchase consideration are determined in accordance with the guidance provided by FRS 7 (“Fair Value in Acquisition Accounting”).

Positive goodwill is amortised over 20 years. Goodwill is tested for impairment if events indicate that the amortised carrying value of the goodwill may not be recoverable. Where material adjustments are made to estimates of the deferred contingent consideration of acquisitions by the Partnership, the carrying value of any goodwill that emerges will be amortised prospectively over its remaining useful economic life.

Negative goodwill is recognised in the profit and loss account on a straight line basis over the period in which the related non-monetary assets are recovered. The current basis is to recognise negative goodwill over a period of 20 years.

Tangible fixed assets

Tangible fixed assets are initially recorded at cost and include costs directly related to the acquisition of the facilities. Maintenance and repair costs are expensed as incurred.

Following initial recognition, tangible fixed assets are revalued each year using an independent valuation conducted by a member of the Royal Institution of Chartered Surveyors.

All categories of property and equipment are revalued simultaneously and apportioned between all categories in relation to brought forward amounts.

Revaluation gains are recognised in the profit and loss only to the extent that they reverse a previously recognised revaluation loss in the profit loss on the same asset, otherwise they are recognised in the statement of total recognised gains and losses.

Revaluation losses are recognised in the statement of total recognised gains and losses until the carrying amount of the asset is equal to its depreciated historic cost after which they are recognised in the profit and loss unless it can be demonstrated that the recoverable amount of the asset is greater than the revalued amount.

Depreciation

Depreciation is provided to write off the cost or valuation, less estimated residual values, of tangible fixed assets by equal instalments over their estimated useful economic lives as follows:

A full year’s charge is incurred in the year of purchase irrespective of when the asset was acquired in the year.

No depreciation is provided on freehold or long leasehold land.

Impairment of tangible fixed assets and goodwill

Assets are reviewed for impairment whenever events or circumstances indicate that the asset’s recoverable amount may be below its carrying value. The Partnership measures recoverable amount by reference to its net realisable value or the asset’s value in use, which is the present value of expected future cash flows generated from that asset.

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Dawn Limited Partnership

Notes to the interim financial statements (continued)

at 30 September 2012 (Unaudited)

1.                  Accounting policies (continued)

Stocks

Stocks are stated at the lower of cost and net realisable value. Cost includes all cost incurred in bringing consumables to their current location and condition.

Interest-bearing loans and borrowings

All interest bearing loans and borrowings are initially recorded at net proceeds.

Loans are presented net of issue costs which are expensed over the term of the loan at a constant rate on the carrying amount.

In the event that debt is repaid, related deferred finance costs of issue are written off and immediately recognised in the profit and loss account.

Interest rate swaps

The Group has entered into a swap arrangement to mitigate the risk of interest rate fluctuations. Interest rate swaps are not revalued to fair value or shown in the Group balance sheet at the year end since the provisions of Financial Reporting Standard 26 (“Financial Instrument: Recognition and Measurement”) have not been adopted. In the event that swaps are terminated early, but the hedged loan remains in place, the gain/loss is spread evenly over the maturity of the original instrument.

Interest expenses are recognised as the sum of amounts as they accrue on the variable rate loan balances stepped up to the current fixed swap rates payable each quarter. From time to time where interest has been paid in advance in return for a downward re-couponing of the fixed rate swap, the advanced interest paid has been recorded as a prepayment which is then expensed over the period which has benefited from lower fixed swap rates.

Corporation tax

The Partnership is not a taxable entity since all attributes of income and loss pass through pro rata to the partners on their respective income tax returns in accordance with the Partnership Agreement. However, the underlying operating and property companies are subject to UK and Jersey taxation.

Value added tax

Revenue, expenses and assets are recognised net of the amount of Value Added Tax except:

·                      where the Value Added Tax incurred on a purchase of assets or services is not recoverable from the taxation authority, in which case the Value Added Tax is recognised as part of the cost of acquisition of the asset or as part of the expense items as applicable; and

·                      debtors and creditors that are stated with the amount of Value Added Tax included.

The net amount of Value Added Tax recoverable from, or payable to, the taxation authority is included as part of debtors or creditors in the balance sheet.

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Dawn Limited Partnership

Notes to the interim financial statements (continued)

at 30 September 2012 (Unaudited)

1.                  Accounting policies (continued)

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more, tax, with the following exceptions:

·                      Provision is made for tax on gains arising from the revaluation (and similar fair value adjustments) of fixed assets, and gains on disposal of fixed assets that have been rolled over into replacement assets, only to the extent that, at the balance sheet date, there is a binding agreement to dispose of the assets concerned. However, no provision is made where, on the basis of all available evidence at the balance sheet date, it is more likely than not that the taxable gain will be rolled over into replacement assets and charged to tax only where the replacement assets are sold;

·                      Deferred tax assets are recognised only to the extent that the directors of the general partner consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Foreign currency translation

Foreign currency transactions are translated into sterling at the rates ruling when they occur.

Foreign currency monetary assets and liabilities are retranslated at the rates ruling at the balance sheet date. Any differences are taken to the profit and loss account.

Leasing

Assets held under finance leases, which are leases where substantially all the risks and rewards of ownership of the asset have passed to the Group, are capitalised in the balance sheet and are depreciated over the shorter of the lease term and the assets’ useful lives. The capital elements of future obligations under leases are included as liabilities in the balance sheet. The interest elements of the rental charges are charged in the profit and loss account over the periods of the leases and represent a constant proportion of the balance of capital repayments outstanding.

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Revenue recognition

Revenue is recognised to the extent that the Group obtains the right to consideration in exchange for its performance.

Resident care and accommodation fees are recognised monthly as services are rendered with appropriate adjustments made to reflect residents who have both moved in and out during the month. The resident agreements are open ended with both parties having the right to terminate the agreement by giving thirty days notice.

Community fees represent payments made by residents in advance of joining a community to cover the costs of moving the resident in and completing their joining transition. Community fees are recognised 30 days after the resident moves in, since at this point the fee becomes non-refundable.

7

Dawn Limited Partnership

Notes to the interim financial statements (continued)

at 30 September 2012 (Unaudited)

1.                  Accounting policies (continued)

Administrative expenses

Administrative expenses include:

·                      Community operating costs including labour, food, marketing and other direct costs associated with operating the communities;

·                      General and administrative expenses of the Group itself; and

·                      Management fees paid to Sunrise for managing the communities.

Pensions

Certain of the subsidiary undertakings operate a defined contribution pension scheme. The assets of the scheme are held separately from those of the Group in an independently administered fund. Group contributions are charged to the profit and loss account in the period in which they become payable.

2.                  Operating loss

This is stated after charging/(crediting):

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Dawn Limited Partnership

Notes to the interim financial statements

at 30 September 2012 (Unaudited)

3.                  Interest payable and similar charges

4.                  Tax

(a)                       Tax on loss on ordinary activities

The Partnership is not a taxable entity since all attributes of income and loss pass through pro rata to the partners on their respective income tax returns in accordance with the Limited Partnership Agreement. However, the operating companies and property companies are subject to UK corporate and income taxes.

9

Dawn Limited Partnership

Notes to the interim financial statements (continued)

at 30 September 2012 (Unaudited)

4.                  Tax (continued)

(a)                       Tax on loss on ordinary activities (continued)

At 30 September 2012, the applicable statutory tax rate for UK corporation tax is 24.5% (2011 — 26.5%) and the applicable statutory rate for basic rate UK income tax on the Jersey entities is 20% (2011 — 20%).

The tax assessed for the period differs from the applicable standard rates of tax. The differences are explained below:

(b)                       Deferred tax

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Dawn Limited Partnership

Notes to the interim financial statements (continued)

at 30 September 2012 (Unaudited)

4.                  Tax (continued)

(b)                       Deferred tax (continued)

Elements of deferred taxation are as follows:

The deferred tax asset has not been recognised because there is no assurance that adequate profits will be generated in the future to be able to utilise the losses and expenditures carried forward.

No deferred tax has been recognised on the revaluation of the fixed assets on the basis that there is no binding sale agreement for the assets in place at the year end. In addition, the assets are held by the Jersey entities where any capital gains will not be subject to UK tax as they are non UK tax resident and there will be no Jersey tax due on their disposal.

The standard rate of corporation tax was reduced from 28% to 26% on 1 April 2011. On 5 July 2011, a reduction in the standard rate of corporation tax to 25%, effective from 1 April 2012, was enacted. Following the budget in March 2012, legislation was enacted on 29 March 2012 which reduced the standard rate of corporation tax to 24% from 1 April 2012 and will reduce the rate to 23% from 1 April 2013. A further reduction to 22% from 1 April 2014 has been announced but it has not been enacted.

The UK corporate tax rate change will not affect the deferred tax liabilities recognised in the Jersey property companies. The UK corporate tax rate change will have the effect of reducing the unrecognised deferred tax asset on the UK entities by approximately £742,000 for each 1% change as enacted.

11

Dawn Limited Partnership

Notes to the interim financial statements (continued)

at 30 September 2012 (Unaudited)

5.                  Intangible fixed assets

The intangible fixed assets represent goodwill relating to adjustments to the estimated value of the deferred contingent consideration related to the fifteen communities acquired between July 2007 and December 2009. After the first full financial year following acquisition, the fair value of identifiable assets and liabilities is fixed so changes to estimates of deferred contingent consideration are made to goodwill until the ultimate amount is known.

The intangible assets’ values are determined and created as at the balance sheet date. As such no amortisation/realisation is charged/credited in the year that it is created.

An impairment review of positive goodwill was conducted in the prior year in accordance with FRS 10, to ensure that the carrying value of the Group’s assets was not stated above the recoverable amount. The open market valuation performed by CBRE Limited was deemed to be the recoverable amount which was reflected in the carrying value of fixed assets at 31 December 2010. As a result, the positive goodwill was written down to nil at 31 December 2010. In the current year the recoverable amount of the previously impaired positive goodwill remained nil because again the carrying value of fixed assets at 31 December 2011 represented the recoverable amount of the Group’s income generating units.

12

Dawn Limited Partnership

Notes to the interim financial statements (continued)

at 30 September 2012 (Unaudited)

6.                  Tangible fixed assets

In accordance with the Group’s accounting policy, the directors have included the tangible fixed assets at the balance sheet date at open market value based on the valuations provided by CBRE Limited (‘CBRE’), an independent valuer.

CBRE provided an opinion of the market value as at 31 December 2011 of the freehold/long leasehold interests in the individual communities subject to and with the benefit of the actual Operational Management Agreements with Sunrise Senior Living Limited. The valuations as at 31 December 2011 were in accordance with the requirements of the RICS Valuation Standards, seventh edition.

The directors have updated the CBRE valuation to 30 September 2012 by reviewing all of the source inputs in the CBRE assessment. The market value of each community as at 30 September 2012 was determined using a discounted cash flow method of valuation having regard to current trading, future potential and the property investment market and after deducting purchaser’s costs on the special assumption that the communities would be sold by a share sale reflecting the existing corporate ownership structure.

The assumptions used included:

·                  The 2012 and 2013 cash flows are based upon actual performance to October 2012 and the latest budget information

·                  Net Operating Income (“NOI”) - defined as the excess of community revenues over community operating expenses, excluding depreciation and interest charges)  at stabilisation has been derived using the NOI and occupancy at the end of 2013 and including additional NOI to a deemed stabilised level of trading which differs across communities

·                  The same yields have been applied as used by CBRE based upon the empirical evidence delivered by the sale of five Sunrise branded communities in August 2012

·                  There has been no change in the discount factors applied and level of purchaser’s costs

The community valuations include all associated fixtures and fittings and motor vehicles.

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Dawn Limited Partnership

Notes to the interim financial statements (continued)

at 30 September 2012 (Unaudited)

6.                  Tangible fixed assets (continued)

The revaluation movement is analysed as follows:

The net book value of land and buildings comprises:

The historical cost less depreciation of tangible fixed assets included at valuation is as follows:

Included in the amounts for fixtures, fittings and equipment above are the following amounts relating to assets held under finance leases:

7.                  Stocks

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Dawn Limited Partnership

Notes to the interim financial statements (continued)

at 30 September 2012 (Unaudited)

8.                  Debtors

9.                  Creditors: amounts falling due within one year

As explained in note 1, at the balance sheet date the bank loan facility with Bank of Scotland Plc was in default of both the loan to value and interest coverage ratio covenants. Accordingly the loan facility normally repayable in July 2014 has been classified as falling due within one year.

10.           Creditors: amounts falling due after more than one year

The maturity of debt obligations is as follows:

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Dawn Limited Partnership

Notes to the interim financial statements (continued)

at 30 September 2012 (Unaudited)

10.           Creditors: amounts falling due after more than one year (continued)

Included in the loan balances above are capitalised banking and loan arrangement fees of £5,152,000 with accumulated amortisation of £3,396,575. These capitalised costs are amortised over the period from which they were paid to the end of the initial loan terms.

The loan has been drawn down in two tranches under a seven year facility with Bank of Scotland totalling £401,879, 000. The loan was initially repayable on 31 July 2014, and has been extended to 31 December 2015 under an amendment to the facility agreement.

The loan is secured against the entire assets of Dawn Holdco Limited group which is a direct subsidiary of the Partnership.

The rate of interest payable on the loans is LIBOR + 1.15%, amended to LIBOR + 1.5% effective from 1 January 2013, and an additional “mandatory cost rate” which is variable. During 2011 the mandatory cost rate was between 0.00652% and 0.00689%.

As at the period end the Group had entered into two arrangements under which the interest rates are fixed. The first £187,600,000 relating to the seed communities (the first six acquired by the Group in 2007) was initially fixed for the term of the loan at 5.99%. An additional amount relating to the pipeline communities (the remaining nine acquired by the Group between 2007 and 2009) was fixed at 5.89% commencing at the end of January 2009 and increasing from £50,000,000 in January 2009 to £150,000,000 in April 2010 for the remainder of the term of the loan. Effective from 31 July 2012 the two arrangements were replaced by one hedging arrangement to fix £337,600,000 of the loan balance at 5.9456% to 31 December 2012 and 3.9025% from 31 December 2012 to the end of the loan term.

To facilitate the purchase of the Sonning and Beaconsfield communities a loan was entered into with Aeriance Investments SA by Dawn Holdco II Limited group. This loan was fully drawn down in the amount of £37,500,000 and totals £3,680,000 at 31 September 2012. Subsequent to the period end the amount outstanding was repaid in full. The remaining capitalised loan arrangement fees were written off at the date of repayment.

11.           Partners’ capital and reserves

As at the balance sheet date the partners of the Partnership were Morgan Stanley Real Estate Fund VI Special-A International Limited Partnership, MSREF VI Special B Commanditaire Vennootschap, Morgan Stanley Real Estate Fund VI International-T Limited Partnership, MSREF VI TE Commanditaire Vennootschap, Morgan Stanley Real Estate Investors VI International Limited Partnership (together “MSREF”), Sunrise Senior Living International Limited Partnership (“Sunrise International”) and Dawn General Partner Limited.

The general partner is responsible for the management and control of the business and affairs of the Partnership and has the right to transact business and sign documents in the Partnership’s name. The general partner must obtain approval of its Board of Directors for certain major actions as defined in the Shareholders’ Agreement.

The Partnership is arranged such that each partners’ capital account is increased by its proportionate share of net income or any additional capital contributions and is decreased by its proportionate share of net losses. Cash distributed from operations and cash distributed from capital transactions shall be distributed to the partners and the partnership interests in the order defined in the Partnership Agreement.

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Dawn Limited Partnership

Notes to the interim financial statements (continued)

at 30 September 2012 (Unaudited)

11.           Partners’ capital and reserves (continued)

Activity in individual partners’ capital accounts during the period is noted below:

The surplus arising on revaluation of fixed assets included in partners’ capital above represents the net movement on the revaluation reserve across the communities on an individual basis.

Any surplus on valuation is credited to the revaluation reserve unless it represents the reversal of a previous charge to the Group profit and loss account.

Any deficit on valuation is debited to the revaluation reserve to the extent that a brought forward balance exists in respect of the individual community concerned, with any excess deficit being taken to the Group profit and loss account as appropriate.

Subsequent to the balance sheet date, MSREF transferred its interest in the Partnership to Sunrise International under a Purchase Agreement effective on 16 October 2012.

12.           Notes to the statement of cash flows

(c)                        Reconciliation of operating loss to net cash flow from operating activities

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Dawn Limited Partnership