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LTC Properties, Inc. - LTC STOCK NEWS

Welcome to our dedicated page for LTC Properties news (Ticker: LTC), a resource for investors and traders seeking the latest updates and insights on LTC Properties stock.

LTC Properties, Inc. (symbol: LTC) is a prominent real estate investment trust (REIT) headquartered at 2829 Townsgate Road, Westlake Village, California, USA. Specializing in healthcare facilities, LTC Properties focuses on investing in senior housing and healthcare properties through various financial instruments such as mortgage loans, property lease transactions, and other investments.

The company's diverse portfolio includes several types of properties aimed at different aspects of senior care, including:

  • Independent Living Communities: Facilities that provide housing and amenities tailored for seniors who are capable of living independently.
  • Assisted Living Communities: Properties that offer accommodations and care for seniors who require some assistance with daily activities.
  • Memory Care Communities: Specialized facilities designed to support residents with Alzheimer's disease and other memory-related conditions.
  • Skilled Nursing Centers: Facilities that provide high-level medical care and assistance for seniors with significant healthcare needs.
  • Other Healthcare Properties: Various other types of healthcare-related properties that meet the needs of seniors and healthcare professionals.

In recent years, LTC Properties has shown solid growth through strategic acquisitions and partnerships, which have expanded its real estate holdings and strengthened its market position. The company's financial health remains robust, supported by a steady stream of rental income and interest from its diversified investments.

LTC Properties is committed to delivering value to its shareholders while providing high-quality housing and healthcare environments for seniors. The company's strategic approach ensures a balanced portfolio that mitigates risk and maximizes returns.

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LTC Properties, Inc. (LTC), a real estate investment trust focusing on seniors housing and healthcare properties, will have senior management participate in the BMO Real Estate Conference on May 8, 2024, in New York and the Wells Fargo Real Estate Securities Conference on May 9, 2024, in Amelia Island, Florida. Investors can access the Company's presentation package online at https://ir.ltcreit.com/Investors.

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LTC Properties, Inc. (NYSE: LTC) announced its first-quarter 2024 results, reporting net income of $24,065, diluted EPS of $0.56, FFO of $29,909, and FAD of $31,274. The company completed various transactions, including property sales and lease transitions. LTC is focusing on long-term growth opportunities and strengthening its portfolio.

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LTC Properties Inc. (NYSE: LTC) announces the release of its first-quarter earnings on April 29, 2024, followed by a conference call on April 30, 2024. Interested parties can access the call through various means, including webcast and toll-free numbers. A replay will be available until May 14, 2024, along with supplemental information on the company's website.
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LTC Properties Inc. provides a $12.7 million senior loan to Ignite Medical Resorts for the purchase of a skilled nursing and assisted living campus in Katy, Texas. The investment is expected to generate $884,000 of revenue in 2024. LTC aims to support its long-term partner, Ignite, by offering flexible financing options for growth.
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LTC Properties Inc. (NYSE: LTC) has declared a monthly cash dividend of $0.19 per common share per month for the second quarter of 2024. The distribution dates are set for April 30, May 31, and June 28, 2024.
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LTC Properties, Inc. (LTC) to participate in Deutsche Bank Healthcare REIT Summit on April 2, 2024, in New York. The company focuses on investing in seniors housing and health care properties.
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LTC Properties, Inc. announced operating results for Q4 2023, with net income available to common stockholders of $28,057 and diluted earnings per common share of $0.67. The company substantially reduced leverage, impacting financial results. The PR details various financial aspects, including funds from operations, interest income, expenses, transaction costs, and gains/losses on sales. LTC completed significant transactions post-Q4 2023, positioning itself for growth in 2024.
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LTC Properties Inc. (NYSE: LTC) will release its fourth-quarter earnings on February 15, 2024, with a conference call the following day to discuss the performance and operating results for the quarter ended December 31, 2023. Interested parties can access the live conference call via webcast or phone, with a replay available afterward. The earnings release and supplemental information package will also be available on the company's website.
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LTC Properties Inc. (NYSE: LTC) announced the completion of its process involving its 35-property Brookdale Senior Living portfolio, with net proceeds of $23 million and anticipated net gain of $17 million related to property sales. Revenue from the portfolio will be fully replaced through new leases, interest related to seller financing, and pre-invested proceeds at a weighted average yield of 8.5%. The transactions reduce LTC’s revenue concentration from Brookdale by 40%. The company also provided seller financing collateralized by two of the Florida properties, with a total of 92 units.
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LTC Properties, Inc. (NYSE: LTC) to participate in Stifel 2024 Virtual Seniors Housing & Healthcare Real Estate Conference. The real estate investment trust investing in seniors housing and health care properties will have senior management presenting on January 9, 2024.
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FAQ

What is the current stock price of LTC Properties (LTC)?

The current stock price of LTC Properties (LTC) is $34.49 as of December 23, 2024.

What is the market cap of LTC Properties (LTC)?

The market cap of LTC Properties (LTC) is approximately 1.6B.

What does LTC Properties, Inc. specialize in?

LTC Properties, Inc. specializes in investing in senior housing and healthcare facilities through mortgage loans, property lease transactions, and other investments.

Where is LTC Properties, Inc. headquartered?

LTC Properties, Inc. is headquartered at 2829 Townsgate Road, Westlake Village, California, USA.

What types of properties are included in LTC Properties' portfolio?

LTC Properties' portfolio includes Independent Living Communities, Assisted Living Communities, Memory Care Communities, Skilled Nursing Centers, and other healthcare properties.

How does LTC Properties generate income?

LTC Properties generates income through rental income, interest from mortgage loans, and property lease transactions.

What is the business model of LTC Properties, Inc.?

LTC Properties, Inc. operates as a healthcare-focused REIT, investing in real estate properties related to senior housing and healthcare.

How does LTC Properties ensure financial stability?

LTC Properties ensures financial stability through a diversified portfolio, strategic acquisitions, and partnerships that provide a steady stream of rental income and interest.

What recent achievements has LTC Properties accomplished?

LTC Properties has shown solid growth through strategic acquisitions and partnerships, expanding its real estate holdings and strengthening its market position.

What is the primary goal of LTC Properties?

The primary goal of LTC Properties is to deliver value to its shareholders while providing high-quality housing and healthcare environments for seniors.

Why is LTC Properties' portfolio considered diversified?

LTC Properties' portfolio is considered diversified because it includes various types of senior housing and healthcare facilities, reducing risk and maximizing returns.

What makes LTC Properties a significant player in the REIT market?

LTC Properties is a significant player in the REIT market due to its focus on healthcare facilities, strategic investments, and a commitment to providing quality environments for seniors.

LTC Properties, Inc.

NYSE:LTC

LTC Rankings

LTC Stock Data

1.59B
44.34M
1.95%
76.8%
3.05%
REIT - Healthcare Facilities
Real Estate Investment Trusts
Link
United States of America
WESTLAKE VILLAGE