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        8-K</strong></font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman;"><strong>CURRENT
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        to Section 13 or 15(d) of</strong></font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman;"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">Date
        of report (Date of earliest event
        reported):</font><strong>&#160;&#160;August 29, 2007</strong></font></div>
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        CORPORATION</strong></font></div>
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                  or other jurisdiction of incorporation)</font></div>
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                  File Number)</font></div>
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                  Employer Identification No.)</font></div>
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        Elliott Avenue, Suite 500</font></div>
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        Washington 98121</font></div>
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        298-2909</font></div>
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        satisfy the filing obligation of the registrant under any of the following
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        Written communications pursuant to Rule&#160;425 under the Securities Act (17
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        Pre-commencement communications
        pursuant to Rule&#160;13e-4(c) under the Exchange Act (17 CFR
        240.13e-4(c))</font></font></div>
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                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Item&#160;1.02.</strong></font></div>
              </td>
              <td>
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Termination
                  of a Material Definitive
                  Agreement.</strong></font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">On
        April
        2, 2007, Emeritus Corporation (the "Company") filed a Current Report on Form
        8-K, Item 1.01 announcing the Company's entrance into a Registration Rights
        Agreement (the "Agreement") by and among the Company, AP Summerville, LLC,
        AP
        Summerville II, LLC, Apollo Real Estate Investment Fund III, L.P., Apollo
        Real
        Estate Investment Fund IV, L.P., Granger Cobb, Daniel R. Baty ("Baty"), Catalina
        General Partnership, L.P., Columbia Select, L.P., B.F., Limited Partnership,
        Saratoga Partners IV, L.P. ("Saratoga"), Saratoga Coinvestment IV, LLC
        ("Saratoga Coinvestment"), and Saratoga Management Company, LLC ("Saratoga
        Management").&#160;&#160;A copy of the Agreement was filed as Exhibit 10.2 to
        the Current Report on Form 8-K filed by Emeritus on April 2, 2007.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Pursuant
        to its terms, the Agreement became effective as of the consummation of the
        merger transaction described in Item 2.01 below.&#160;&#160;Pursuant to the
        terms of the Agreement, that certain Registration Rights Agreement, dated
        as of
        December 30, 1999, by and between the Company, Saratoga Management, Saratoga
        Coinvestment and Saratoga (the "Previous Agreement") terminated and is of
        no
        further force and effect.&#160;&#160;A copy of the Previous Agreement was filed
        as Exhibit 4.4 to the Current Report on Form 8-K filed by Emeritus on January
        14, 2000.</font></div>
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                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Item&#160;2.01.</strong></font></div>
              </td>
              <td>
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Completion
                  of Acquisition or Disposition of
                  Assets.</strong></font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">On
        April
        2, 2007, the Company filed a Current Report on Form 8-K, Item 1.01 announcing
        its entrance into an Agreement and Plan of Merger (the "Merger Agreement")
        by
        and among the Company, Boston Project Acquisition Corp., Summerville Senior
        Living, Inc. ("Summerville"), AP Summerville, LLC, AP Summerville II, LLC,
        Apollo Real Estate Investment Advisors III, L.P. ("AREIF III"), Apollo Real
        Estate Investment Advisors IV, L.P. ("AREIF IV" and together with AREIF III,
        the
        "Apollo Funds"), Baty, and Saratoga.&#160;&#160;A copy of the Merger Agreement
        was filed as Exhibit 2.1 to the Current Report on Form 8-K filed by Emeritus
        on
        April 2, 2007.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Effective
        as of 12:01 a.m. on September 1, 2007, the Company completed the acquisition
        of
        Summerville.&#160;&#160;Pursuant to the Merger Agreement, at the effective time
        of the merger, Boston Project Acquisition, a wholly-owned subsidiary of the
        Company, merged with and into Summerville.&#160;&#160;As a result, Summerville
        became a wholly-owned subsidiary of the Company.&#160;&#160;Under the terms of
        the Merger Agreement, up to 8,500,000 shares of our common stock will be
        issued
        in connection with the transaction. Approximately 6,058,192 shares of common
        stock will be issued in satisfaction of outstanding loans from the Apollo
        Funds
        (approximate amount of $152.2 million in the aggregate as of the closing
        date),
        and 336,882 shares (net of applicable withholding) will be issued pursuant
        to
        certain incentive compensation arrangements with members of Summerville&#8217;s
        management team who have joined the combined company in connection with the
        transaction.&#160;&#160;The remaining shares will be issued to the stockholders
        of Summerville, including the Apollo Funds.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">As
        previously disclosed in the Company's Current Report on Form 8-K filed April
        2,
        2007, an Amended and Restated Shareholders Agreement to which the Company,
        Baty
        and certain of his affiliates, Saratoga and certain of its affiliates and
        the
        Apollo Funds are parties and a Registration Rights Agreement to which the
        Company, Baty and certain of his affiliates, Saratoga and certain of its
        affiliates, the Apollo Funds, and Granger Cobb are parties became effective
        upon
        the consummation of the merger.&#160;&#160;Copies of these agreements were filed
        as Exhibits 10.1 and 10.2 to the Current Report on Form 8-K filed on April
        2,
        2007.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        foregoing description of the acquisition of Summerville is qualified in its
        entirety by reference to the Merger Agreement, a copy of which was attached
        as
        Exhibit 2.1 to the Current Report on Form 8-K filed by Emeritus on April
        2,
        2007, and is incorporated herein by reference.&#160;&#160;Additionally, the
        foregoing description is not purported to be complete with respect to the
        other
        agreements ancillary to the Merger Agreement that became effective upon the
        consummation of the transaction, and such description is qualified in its
        entirety by reference to the definitive agreements, filed as exhibits to
        the
        Company's Current Report on Form 8-K filed on April 2, 2007.</font></div>
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            <tr valign="top">
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                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Item&#160;3.02.</strong></font></div>
              </td>
              <td>
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Unregistered
                  Sales of Equity
                  Securities.</strong></font></div>
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      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        disclosure set forth in Item 2.01 above is hereby incorporated herein by
        reference.&#160;&#160;In connection with the merger described in Item 2.01 of
        this the Current Report on Form 8-K, effective September 1, 2007, the Company
        will issue up to 8,163,118 unregistered shares of common stock of the Company
        in
        reliance upon the exemptions from registration under Section 4(2) of the
        Securities Act of 1933 (the "Securities Act") and Commission Rule
        506</font></div><br>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">of
        Regulation D promulgated under the Securities Act.&#160;&#160;Under the terms of
        the Merger Agreement, only security holders of Summerville that qualify as
        accredited investors (as that term is defined in Rule 501(a) of Regulation
        D
        promulgated under the Securities Act) will be issued shares of common stock
        of
        the Company in connection with the Summerville transaction.&#160;&#160;Under the
        terms of the Merger Agreement, security holders of Summerville that do not
        qualify as accredited investors will receive cash in lieu of shares of common
        stock of the Company.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Item
        5.02.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Departure
        of Directors or Certain Officers; Election of Directors; Appointment of
        CertainOfficers; Compensatory Arrangements of Certain
        Officers.</strong></font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>(c),
        (e)</strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">On
        August
        29, 2007, the board of directors of the Company appointed Granger Cobb as
        Co-Chief Executive Officer and President, subject to the consummation of
        the
        merger described in Item 2.01 of this Current Report on Form 8-K, and in
        connection with such appointment, the Company entered into a five-year
        employment agreement with Mr. Cobb on August 31, 2007.&#160;&#160;Under the
        terms of the employment agreement, the Company will pay Mr. Cobb a base salary
        of $600,000 per year, and Mr. Cobb will be entitled to certain bonus
        compensation (not to exceed 75% of his base salary) based on the Company's
        earnings before interest, taxes, depreciation and amortization, as well as
        other
        benefits.&#160;&#160;In addition, the Company will grant Mr. Cobb a stock option
        to purchase 500,000 shares of our common stock at an exercise price equal
        to the
        fair market value of our common stock on the date of grant, of which 20%
        will be
        vested immediately on the date of grant and the remaining 80% will vest over
        a
        four year vesting schedule.&#160;&#160;The employment agreement provides Mr.
        Cobb certain separation benefits in the event that his employment is terminated
        by the Company without cause or by Mr. Cobb for good reason (as defined in
        the
        employment agreement).&#160;&#160;A copy of the employment agreement with Mr.
        Cobb is filed as Exhibit 10.1 to this Current Report on Form 8-K and
        incorporated herein by reference.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Mr.
        Cobb,
        46, has 21 years of senior management experience in the senior residential,
        assisted living, and skilled nursing industries.&#160;&#160;He has served as
        President, Chief Executive Officer, and a director of Summerville, since
        2000.&#160;&#160;Mr. Cobb joined Summerville in 1998 with its acquisition of
        Cobbco, Inc., a California-based assisted living company founded by Mr. Cobb
        in
        1989.&#160;&#160;Mr. Cobb is active in several industry associations and has
        served on the boards of the Assisted Living Federation of America (ALFA),
        the
        National Investment Center for the Seniors Housing &amp; Care Industry (NIC),
        and the political action committees for ALFA and the California Assisted
        Living
        Association (CALA).&#160;&#160;Mr. Cobb is the brother of Melanie Werdel, who
        was appointed as the Company's Executive Vice President&#8212;Administration subject
        to consummation of the merger described in Item 2.01 of this Current Report
        on
        Form 8-K.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">On
        August
        29, 2007, the board of directors of Emeritus Corporation appointed Justin
        Hutchens as Executive Vice President - Operations and Chief Operating Officer,
        subject to the consummation of the merger described in Item 2.01 of this
        Current
        Report on Form 8-K.&#160;&#160;Mr. Hutchens, 32, has 13 years of experience in
        the healthcare field. Mr. Hutchens joined Summerville in 2001 as the Regional
        Director of Operations for the Northern California region. He was appointed
        as
        Senior-Vice President in 2003.&#160;&#160;Prior to joining Summerville, Mr.
        Hutchens had a multi-site management background in the areas of marketing
        and
        operations in the senior housing and long-term care arena.&#160;&#160;He has
        experience with over 150 skilled nursing and assisted living communities
        starting in 1994.&#160;&#160;Mr. Hutchens is the Chair of the COO roundtable for
        the Assisted Living Federation of America (ALFA) and he is a member of the
        Operational Excellence Task Force for ALFA.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">On
        August
        29, 2007, the board of directors of Emeritus Corporation appointed Leonard
        Watterson as Vice President and Chief Accounting Officer, subject to the
        consummation of the merger described in Item 2.01 of this Current Report
        on Form
        8-K.&#160;&#160;Mr. Watterson, 54, is a Certified Public Accountant and has over
        25 years of experience in the healthcare finance field.&#160;&#160;Mr. Watterson
        joined Emeritus in 2005 as Director of Corporate Accounting.&#160;&#160;Prior to
        joining Emeritus, Mr. Watterson was a regional controller for Omnicare for
        one
        year, was Vice President of Finance with Sun Healthcare group for eight years,
        and was Director of Accounting Services for The Hillhaven Corporation for
        12
        years.</font></div><br>
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          </div>
        </div>
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          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>2</strong></font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div><br>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>(d)</strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">On
        August
        29, 2007, the board of directors of the Company elected Mr. Cobb and Stuart
        Koenig as directors of the Company, subject to consummation of the merger
        described in Item 2.01 of this Current Report on Form 8-K.&#160;&#160;Mr. Cobb
        was elected as a Class II Director.&#160;&#160;Mr. Koenig was elected as a Class
        I Director.&#160;&#160;Mr. Koenig will join the board of directors of the
        Company as an independent director and, upon the recommendation of the
        Nominating and Corporate Governance Committee, was appointed by the board
        of
        directors of Emeritus Corporation to serve as a member of the Compensation
        Committee, subject to consummation of the merger described in Item 2.01 of
        this
        Current Report on Form 8-K.&#160;&#160;Mr. Koenig, 55, has been associated with
        Apollo Real Estate Advisors since 1995 and is a partner and its Chief Financial
        Officer.&#160;&#160;Prior to 1995, Mr. Koenig was a Vice President in the Real
        Estate Principal Investment Area of Goldman, Sachs &amp; Co. where he served as
        Controller and Director of Investor Relations for the Whitehall real estate
        investment funds.</font></div>
      <div><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

            <tr valign="top">
              <td style="WIDTH: 72pt">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Item&#160;7.01.</strong></font></div>
              </td>
              <td>
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Regulation
                  FD Disclosure.</strong></font></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        Company issued a press release on September 4, 2007, announcing the consummation
        of the Summerville acquisition.&#160;&#160;A copy of the press release is being
        furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated
        herein by reference.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><br>&#160;</div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

            <tr valign="top">
              <td style="WIDTH: 72pt">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Item&#160;9.01.</strong></font></div>
              </td>
              <td>
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Financial
                  Statements and Exhibits.</strong></font></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>(a)</strong>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<strong>Financial
        Statements of Business Acquired</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">To
        be
        filed by amendment not later than 71 calendar days after the date this Current
        Report is required to be filed.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Pro
        Forma Financial Information</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">To
        be
        filed by amendment not later than 71 calendar days after the date this Current
        Report is required to be filed.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Exhibits</strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><u>Exhibit
        No.</u>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Description</u></strong></font></div>
      <div><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

            <tr valign="top">
              <td style="WIDTH: 108pt">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">2.1</font></div>
              </td>
              <td>
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Agreement
                  and Plan of Merger dated as of March 29, 2007, by and among Emeritus
                  Corporation, Boston Project Acquisition Corp., Summerville Senior
                  Living,
                  Inc. AP Summerville, LLC, AP Summerville II, LLC, Apollo Real Estate
                  Investment Fund III, L.P., Apollo Real Estate Investment Fund IV,
                  L.P.,
                  Daniel R. Baty, and Saratoga Partners IV, L.P. (incorporated by
                  reference
                  to Exhibit 2.1 to Current Report on Form 8-K filed by Emeritus
                  on April 2,
                  2007).</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

            <tr valign="top">
              <td style="WIDTH: 108pt">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">10.1</font></div>
              </td>
              <td>
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Employment
                  Agreement by and between Granger Cobb and Emeritus Corporation,
                  dated
                  August 31, 2007.</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

            <tr valign="top">
              <td style="WIDTH: 108pt">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">99.1</font></div>
              </td>
              <td>
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Press
                  release dated September 4, 2007.</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">[The
        rest
        of this page is intentionally left blank]</font></div><br>
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          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>3</strong></font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div><br>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>SIGNATURE</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Pursuant
        to the requirements of the Securities Exchange Act of 1934, as amended, the
        registrant has duly caused this report to be signed on its behalf by the
        undersigned, hereunto duly authorized.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">

            <tr>
              <td align="left" valign="bottom" width="34%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">September
                  4, 2007</font></div>
              </td>
              <td valign="bottom" width="17%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="bottom" width="37%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>EMERITUS
                  CORPORATION</strong></font></div>
              </td>
            </tr>
            <tr>
              <td valign="bottom" width="34%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="bottom" width="17%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="bottom" width="37%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
            </tr>
            <tr>
              <td valign="bottom" width="34%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="right" valign="bottom" width="17%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">By:</font></div>
              </td>
              <td align="left" valign="bottom" width="37%" style="BORDER-BOTTOM: black 2px solid">
                <div>&#160;</div>
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><font style="DISPLAY: inline; FONT-FAMILY: arial, sans-serif;">&#160;&#160;</font>
                  /s/ RAYMOND R. BRANDSTROM</font></div>
              </td>
            </tr>
            <tr>
              <td valign="bottom" width="34%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="bottom" width="17%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="37%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Raymond
                  R. Brandstrom</font></div>
              </td>
            </tr>
            <tr>
              <td valign="bottom" width="34%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="bottom" width="17%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="37%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Executive
                  Vice President&#8212;Finance, Chief Financial Officer</font></div>
              </td>
            </tr>
            <tr>
              <td valign="bottom" width="34%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td valign="bottom" width="17%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
              <td align="left" valign="bottom" width="37%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">and
                  Secretary</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br></div><br>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>4</strong></font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div><br>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>INDEX
        TO EXHIBITS</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div><br></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><u>Exhibit
        No.</u>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Description</u></strong></font></div>
      <div><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

            <tr valign="top">
              <td style="WIDTH: 108pt">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">2.1</font></div>
              </td>
              <td>
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Agreement
                  and Plan of Merger dated as of March 29, 2007, by and among Emeritus
                  Corporation, Boston Project Acquisition Corp., Summerville Senior
                  Living,
                  Inc. AP Summerville, LLC, AP Summerville II, LLC, Apollo Real Estate
                  Investment Fund III, L.P., Apollo Real Estate Investment Fund IV,
                  L.P.,
                  Daniel R. Baty, and Saratoga Partners IV, L.P. (incorporated by
                  reference
                  to Exhibit 2.1 to Current Report on Form 8-K filed by Emeritus
                  on April 2,
                  2007).</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

            <tr valign="top">
              <td style="WIDTH: 108pt">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><a href="grangercobbemplagree.htm">10.1</a></font></div>
              </td>
              <td>
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><a href="grangercobbemplagree.htm">Employment
                  Agreement by and between
                  Granger Cobb and Emeritus Corporation, dated August 31,
                  2007.</a></font></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br></div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

            <tr valign="top">
              <td style="WIDTH: 108pt">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><a href="mergerpressrelease.htm">99.1</a></font></div>
              </td>
              <td>
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><a href="mergerpressrelease.htm">Press
                  release dated September 4,
                  2007.</a></font></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br></div>
      <div><br></div>
      <div><br></div><br>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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          </div>
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          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>5</strong></font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
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summervillemergerclose.htm
U.S.
        SECURITIES AND EXCHANGE COMMISSION
Washington,
        D.C.  20549
____________
FORM
        8-K
CURRENT
        REPORT
Pursuant
        to Section 13 or 15(d) of
the
        Securities Exchange Act of 1934
Date
        of report (Date of earliest event
        reported):
August 29, 2007
EMERITUS
        CORPORATION
(Exact
        name of registrant as specified in charter)
Washington
1-14012
91-1605464
(State
                  or other jurisdiction of incorporation)
(Commission
                  File Number)
(IRS
                  Employer Identification No.)
3131
        Elliott Avenue, Suite 500
Seattle,
        Washington 98121
(Address
        of principal executive offices) (Zip Code)
(206)
        298-2909
(Registrant's
        telephone number, including area code)
Check
        the
        appropriate box below if the Form 8-K filing is intended to simultaneously
        satisfy the filing obligation of the registrant under any of the following
        provisions:
o
Written communications pursuant to Rule 425 under the Securities Act (17
        CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
        240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the
        Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications
        pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
        240.13e-4(c))
Item 1.02.
Termination
                  of a Material Definitive
                  Agreement.
On
        April
        2, 2007, Emeritus Corporation (the "Company") filed a Current Report on Form
        8-K, Item 1.01 announcing the Company's entrance into a Registration Rights
        Agreement (the "Agreement") by and among the Company, AP Summerville, LLC,
        AP
        Summerville II, LLC, Apollo Real Estate Investment Fund III, L.P., Apollo
        Real
        Estate Investment Fund IV, L.P., Granger Cobb, Daniel R. Baty ("Baty"), Catalina
        General Partnership, L.P., Columbia Select, L.P., B.F., Limited Partnership,
        Saratoga Partners IV, L.P. ("Saratoga"), Saratoga Coinvestment IV, LLC
        ("Saratoga Coinvestment"), and Saratoga Management Company, LLC ("Saratoga
        Management").  A copy of the Agreement was filed as Exhibit 10.2 to
        the Current Report on Form 8-K filed by Emeritus on April 2, 2007.
Pursuant
        to its terms, the Agreement became effective as of the consummation of the
        merger transaction described in Item 2.01 below.  Pursuant to the
        terms of the Agreement, that certain Registration Rights Agreement, dated
        as of
        December 30, 1999, by and between the Company, Saratoga Management, Saratoga
        Coinvestment and Saratoga (the "Previous Agreement") terminated and is of
        no
        further force and effect.  A copy of the Previous Agreement was filed
        as Exhibit 4.4 to the Current Report on Form 8-K filed by Emeritus on January
        14, 2000.
Item 2.01.
Completion
                  of Acquisition or Disposition of
                  Assets.
On
        April
        2, 2007, the Company filed a Current Report on Form 8-K, Item 1.01 announcing
        its entrance into an Agreement and Plan of Merger (the "Merger Agreement")
        by
        and among the Company, Boston Project Acquisition Corp., Summerville Senior
        Living, Inc. ("Summerville"), AP Summerville, LLC, AP Summerville II, LLC,
        Apollo Real Estate Investment Advisors III, L.P. ("AREIF III"), Apollo Real
        Estate Investment Advisors IV, L.P. ("AREIF IV" and together with AREIF III,
        the
        "Apollo Funds"), Baty, and Saratoga.  A copy of the Merger Agreement
        was filed as Exhibit 2.1 to the Current Report on Form 8-K filed by Emeritus
        on
        April 2, 2007.
Effective
        as of 12:01 a.m. on September 1, 2007, the Company completed the acquisition
        of
        Summerville.  Pursuant to the Merger Agreement, at the effective time
        of the merger, Boston Project Acquisition, a wholly-owned subsidiary of the
        Company, merged with and into Summerville.  As a result, Summerville
        became a wholly-owned subsidiary of the Company.  Under the terms of
        the Merger Agreement, up to 8,500,000 shares of our common stock will be
        issued
        in connection with the transaction. Approximately 6,058,192 shares of common
        stock will be issued in satisfaction of outstanding loans from the Apollo
        Funds
        (approximate amount of $152.2 million in the aggregate as of the closing
        date),
        and 336,882 shares (net of applicable withholding) will be issued pursuant
        to
        certain incentive compensation arrangements with members of Summerville's
        management team who have joined the combined company in connection with the
        transaction.  The remaining shares will be issued to the stockholders
        of Summerville, including the Apollo Funds.
As
        previously disclosed in the Company's Current Report on Form 8-K filed April
        2,
        2007, an Amended and Restated Shareholders Agreement to which the Company,
        Baty
        and certain of his affiliates, Saratoga and certain of its affiliates and
        the
        Apollo Funds are parties and a Registration Rights Agreement to which the
        Company, Baty and certain of his affiliates, Saratoga and certain of its
        affiliates, the Apollo Funds, and Granger Cobb are parties became effective
        upon
        the consummation of the merger.  Copies of these agreements were filed
        as Exhibits 10.1 and 10.2 to the Current Report on Form 8-K filed on April
        2,
        2007.
The
        foregoing description of the acquisition of Summerville is qualified in its
        entirety by reference to the Merger Agreement, a copy of which was attached
        as
        Exhibit 2.1 to the Current Report on Form 8-K filed by Emeritus on April
        2,
        2007, and is incorporated herein by reference.  Additionally, the
        foregoing description is not purported to be complete with respect to the
        other
        agreements ancillary to the Merger Agreement that became effective upon the
        consummation of the transaction, and such description is qualified in its
        entirety by reference to the definitive agreements, filed as exhibits to
        the
        Company's Current Report on Form 8-K filed on April 2, 2007.
Item 3.02.
Unregistered
                  Sales of Equity
                  Securities.
The
        disclosure set forth in Item 2.01 above is hereby incorporated herein by
        reference.  In connection with the merger described in Item 2.01 of
        this the Current Report on Form 8-K, effective September 1, 2007, the Company
        will issue up to 8,163,118 unregistered shares of common stock of the Company
        in
        reliance upon the exemptions from registration under Section 4(2) of the
        Securities Act of 1933 (the "Securities Act") and Commission Rule
        506
1
of
        Regulation D promulgated under the Securities Act.  Under the terms of
        the Merger Agreement, only security holders of Summerville that qualify as
        accredited investors (as that term is defined in Rule 501(a) of Regulation
        D
        promulgated under the Securities Act) will be issued shares of common stock
        of
        the Company in connection with the Summerville transaction.  Under the
        terms of the Merger Agreement, security holders of Summerville that do not
        qualify as accredited investors will receive cash in lieu of shares of common
        stock of the Company.
Item
        5.02.                      Departure
        of Directors or Certain Officers; Election of Directors; Appointment of
        CertainOfficers; Compensatory Arrangements of Certain
        Officers.
(c),
        (e)
On
        August
        29, 2007, the board of directors of the Company appointed Granger Cobb as
        Co-Chief Executive Officer and President, subject to the consummation of
        the
        merger described in Item 2.01 of this Current Report on Form 8-K, and in
        connection with such appointment, the Company entered into a five-year
        employment agreement with Mr. Cobb on August 31, 2007.  Under the
        terms of the employment agreement, the Company will pay Mr. Cobb a base salary
        of $600,000 per year, and Mr. Cobb will be entitled to certain bonus
        compensation (not to exceed 75% of his base salary) based on the Company's
        earnings before interest, taxes, depreciation and amortization, as well as
        other
        benefits.  In addition, the Company will grant Mr. Cobb a stock option
        to purchase 500,000 shares of our common stock at an exercise price equal
        to the
        fair market value of our common stock on the date of grant, of which 20%
        will be
        vested immediately on the date of grant and the remaining 80% will vest over
        a
        four year vesting schedule.  The employment agreement provides Mr.
        Cobb certain separation benefits in the event that his employment is terminated
        by the Company without cause or by Mr. Cobb for good reason (as defined in
        the
        employment agreement).  A copy of the employment agreement with Mr.
        Cobb is filed as Exhibit 10.1 to this Current Report on Form 8-K and
        incorporated herein by reference.
Mr.
        Cobb,
        46, has 21 years of senior management experience in the senior residential,
        assisted living, and skilled nursing industries.  He has served as
        President, Chief Executive Officer, and a director of Summerville, since
        2000.  Mr. Cobb joined Summerville in 1998 with its acquisition of
        Cobbco, Inc., a California-based assisted living company founded by Mr. Cobb
        in
        1989.  Mr. Cobb is active in several industry associations and has
        served on the boards of the Assisted Living Federation of America (ALFA),
        the
        National Investment Center for the Seniors Housing & Care Industry (NIC),
        and the political action committees for ALFA and the California Assisted
        Living
        Association (CALA).  Mr. Cobb is the brother of Melanie Werdel, who
        was appointed as the Company's Executive Vice President—Administration subject
        to consummation of the merger described in Item 2.01 of this Current Report
        on
        Form 8-K.
On
        August
        29, 2007, the board of directors of Emeritus Corporation appointed Justin
        Hutchens as Executive Vice President - Operations and Chief Operating Officer,
        subject to the consummation of the merger described in Item 2.01 of this
        Current
        Report on Form 8-K.  Mr. Hutchens, 32, has 13 years of experience in
        the healthcare field. Mr. Hutchens joined Summerville in 2001 as the Regional
        Director of Operations for the Northern California region. He was appointed
        as
        Senior-Vice President in 2003.  Prior to joining Summerville, Mr.
        Hutchens had a multi-site management background in the areas of marketing
        and
        operations in the senior housing and long-term care arena.  He has
        experience with over 150 skilled nursing and assisted living communities
        starting in 1994.  Mr. Hutchens is the Chair of the COO roundtable for
        the Assisted Living Federation of America (ALFA) and he is a member of the
        Operational Excellence Task Force for ALFA.
On
        August
        29, 2007, the board of directors of Emeritus Corporation appointed Leonard
        Watterson as Vice President and Chief Accounting Officer, subject to the
        consummation of the merger described in Item 2.01 of this Current Report
        on Form
        8-K.  Mr. Watterson, 54, is a Certified Public Accountant and has over
        25 years of experience in the healthcare finance field.  Mr. Watterson
        joined Emeritus in 2005 as Director of Corporate Accounting.  Prior to
        joining Emeritus, Mr. Watterson was a regional controller for Omnicare for
        one
        year, was Vice President of Finance with Sun Healthcare group for eight years,
        and was Director of Accounting Services for The Hillhaven Corporation for
        12
        years.
2
(d)
On
        August
        29, 2007, the board of directors of the Company elected Mr. Cobb and Stuart
        Koenig as directors of the Company, subject to consummation of the merger
        described in Item 2.01 of this Current Report on Form 8-K.  Mr. Cobb
        was elected as a Class II Director.  Mr. Koenig was elected as a Class
        I Director.  Mr. Koenig will join the board of directors of the
        Company as an independent director and, upon the recommendation of the
        Nominating and Corporate Governance Committee, was appointed by the board
        of
        directors of Emeritus Corporation to serve as a member of the Compensation
        Committee, subject to consummation of the merger described in Item 2.01 of
        this
        Current Report on Form 8-K.  Mr. Koenig, 55, has been associated with
        Apollo Real Estate Advisors since 1995 and is a partner and its Chief Financial
        Officer.  Prior to 1995, Mr. Koenig was a Vice President in the Real
        Estate Principal Investment Area of Goldman, Sachs & Co. where he served as
        Controller and Director of Investor Relations for the Whitehall real estate
        investment funds.
Item 7.01.
Regulation
                  FD Disclosure.
The
        Company issued a press release on September 4, 2007, announcing the consummation
        of the Summerville acquisition.  A copy of the press release is being
        furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated
        herein by reference.
Item 9.01.
Financial
                  Statements and Exhibits.
(a)
Financial
        Statements of Business Acquired
To
        be
        filed by amendment not later than 71 calendar days after the date this Current
        Report is required to be filed.
(b)           Pro
        Forma Financial Information
To
        be
        filed by amendment not later than 71 calendar days after the date this Current
        Report is required to be filed.
(d)           Exhibits
Exhibit
        No.
Description
2.1
Agreement
                  and Plan of Merger dated as of March 29, 2007, by and among Emeritus
                  Corporation, Boston Project Acquisition Corp., Summerville Senior
                  Living,
                  Inc. AP Summerville, LLC, AP Summerville II, LLC, Apollo Real Estate
                  Investment Fund III, L.P., Apollo Real Estate Investment Fund IV,
                  L.P.,
                  Daniel R. Baty, and Saratoga Partners IV, L.P. (incorporated by
                  reference
                  to Exhibit 2.1 to Current Report on Form 8-K filed by Emeritus
                  on April 2,
                  2007).
10.1
Employment
                  Agreement by and between Granger Cobb and Emeritus Corporation,
                  dated
                  August 31, 2007.
99.1
Press
                  release dated September 4, 2007.
[The
        rest
        of this page is intentionally left blank]
3
SIGNATURE
Pursuant
        to the requirements of the Securities Exchange Act of 1934, as amended, the
        registrant has duly caused this report to be signed on its behalf by the
        undersigned, hereunto duly authorized.
September
                  4, 2007
EMERITUS
                  CORPORATION
By:
/s/ RAYMOND R. BRANDSTROM
Raymond
                  R. Brandstrom
Executive
                  Vice President—Finance, Chief Financial Officer
and
                  Secretary
4
INDEX
        TO EXHIBITS
Exhibit
        No.
Description
2.1
Agreement
                  and Plan of Merger dated as of March 29, 2007, by and among Emeritus
                  Corporation, Boston Project Acquisition Corp., Summerville Senior
                  Living,
                  Inc. AP Summerville, LLC, AP Summerville II, LLC, Apollo Real Estate
                  Investment Fund III, L.P., Apollo Real Estate Investment Fund IV,
                  L.P.,
                  Daniel R. Baty, and Saratoga Partners IV, L.P. (incorporated by
                  reference
                  to Exhibit 2.1 to Current Report on Form 8-K filed by Emeritus
                  on April 2,
                  2007).
10.1
Employment
                  Agreement by and between
                  Granger Cobb and Emeritus Corporation, dated August 31,
                  2007.
99.1
Press
                  release dated September 4,
                  2007.
5