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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. (NYSE: LTC) to Participate in Nareit's REITWorld: 2023 Annual Conference, Presentation Package Available Online
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LTC Properties, Inc. announced its operating results for Q3 2023. Net income available to common stockholders increased from $13,159 in 2022 to $22,050. Diluted earnings per common share also increased from $0.32 to $0.54. NAREIT funds from operations (FFO) attributable to common stockholders increased from $24,217 to $26,679. FAD increased from $26,019 to $27,213. LTC completed several transactions during the quarter, including originating a $17.0 million mezzanine loan and committing to fund a $19.5 million mortgage loan. They also sold five assisted living communities and re-leased 10 properties in the Brookdale Senior Living portfolio. Additionally, they entered into agreements to sell seven assisted living communities and leased six assisted living communities to a current LTC operator. LTC expects to receive all contractual interest of $19.5 million due from Prestige Healthcare in 2023.
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LTC Properties Inc. to release Q3 earnings on October 26, 2023.
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LTC Properties Inc. declares monthly cash dividend of $0.19 per common share for Q4 2023
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FAQ

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

The current stock price of LTC Properties (LTC) is $38.87 as of November 22, 2024.

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

The market cap of LTC Properties (LTC) is approximately 1.7B.

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

1.75B
44.33M
1.95%
76.64%
3.16%
REIT - Healthcare Facilities
Real Estate Investment Trusts
Link
United States of America
WESTLAKE VILLAGE