TrinityCare Senior Living Announces Funding Agreement for Fifth Senior Livin...( ...),Health

FRIENDSWOOD, Texas, July 28 /PRNewswire-FirstCall/ -- TrinityCare Senior Living, Inc. (OTC Bulletin Board: TCSR), which develops, manages and owns faith-based senior living facilities, today announced the execution of a funding agreement with Deutsche Bank Berkshire Mortgage, Inc. for the development of a new senior living facility in Crossville, Tennessee. Funding for Trinity Heights, an 82-unit, $10 million senior living facility, should be available under the agreement this summer, with completion of construction anticipated in 2010.

"Partnering with the financial strength and expertise of Deutsche Bank Berkshire Mortgage, which has extensive experience with the HUD/LEAN process, will play a key role in allowing us to achieve our expansion goals for 2009," stated Donald W. Sapaugh, Chairman and Chief Executive Officer of TrinityCare Senior Living, Inc. "We are very pleased to be working with Mr. David Strange of DBBM in Nashville, Tennessee and have great confidence in his team's ability to provide the funding for our fifth senior living facility. We expect funding agreements for additional new facilities to be announced in the next several weeks."

"We are delighted to be working with Mr. Sapaugh and the TrinityCare Senior Living team. The Federal Housing Administration remains an excellent source of mortgage capital, and we are pleased that TrinityCare has selected Deutsche Bank Berkshire Mortgage as its financial partner for this new project," stated members of the DBBM office in Nashville.

"Trinity Heights will represent our second senior living facility in eastern Tennessee, an area that has experienced rapid population growth and a stable economic climate in recent years," continued Sapaugh. "Our initial Tennessee senior living facility, Trinity Hills in Knoxville, which opened in 2007, currently
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