Notable Mergers and Acquisitions of the Day 08/05: (GCI) (TEF) (NRF)

* Northstar Realty Finance (NYSE: NRF) and Griffin-American Healthcare REIT II, Inc. announced that the Boards of Directors of both companies have unanimously approved a definitive merger agreement under which NorthStar Realty will acquire all of the outstanding shares of Griffin-American in a stock and cash transaction valued at $4 billion, including approximately $600 million of debt, establishing NorthStar Realty as a leading investor in the healthcare real estate sector.

NorthStar Realty is acquiring the portfolio, which is comprised of predominantly medical office buildings (43%) and senior housing facilities (30%) in the United States and the United Kingdom, at an

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