LTC Properties, Inc. operates as a real estate investment trust focused on seniors housing and health care properties in the United States. Its investment activity includes SHOP, triple-net leases, joint ventures and structured finance solutions, with a portfolio centered on seniors housing communities and skilled nursing centers.
Recurring company updates cover quarterly operating results and supplemental financial data, portfolio acquisitions and dispositions, conversions between triple-net and SHOP structures, monthly common stock dividends, credit and capital-market activity, and real estate investor conference participation.
LTC Properties (NYSE: LTC) will release its third-quarter 2026 earnings after market close on November 3, 2026.
A conference call and webcast on November 4, 2026, at 8:00 a.m. Pacific / 11:00 a.m. Eastern will discuss results for the quarter ended September 30, 2026. A call replay will be available three hours afterward through November 18, 2026. The earnings release and supplemental information will also be available on the company’s investor website.
LTC Properties (LTC) acquired two communities for its seniors housing operating portfolio, known as SHOP, for a combined $95 million. The Alabama acquisition comprises a 180-unit community purchased for $71 million; the Iowa acquisition comprises an 85-unit community purchased off-market for $24 million. Existing operators Charter Senior Living and Arrow Senior Living will continue managing the respective communities. Previously disclosed property-sale proceeds funded the purchases.
The communities have weighted-average occupancy of 93% and an average age of six years. The average year-one capitalization rate is approximately 6.5%, with anticipated unlevered investment returns in the low- to mid-teens. Year-to-date SHOP acquisitions exceed $830 million. LTC expects to reach its $900 million acquisition-guidance midpoint by year-end, when SHOP is expected to represent nearly 50% of annualized net operating income.
LTC Properties (NYSE: LTC) declared a monthly cash dividend of $0.19 per common share for the fourth quarter of 2026.
The dividends are payable on October 30, November 30 and December 31, 2026, to shareholders of record on October 22, November 20 and December 23, 2026, respectively.
LTC Properties (NYSE: LTC) added three seniors housing operating portfolio (SHOP) communities through acquisitions totaling nearly $160 million, expanding its operating platform. The purchases comprise a $69 million Florida community for Charter Senior Living to operate and two Virginia and Maryland communities for $89 million, operated by IntegraCare. They add 270 units; LTC expects an average year-one capitalization rate of approximately 6.5%.
Sales of two non-SHOP portfolios generated over $260 million in gross proceeds to fund acquisitions. LTC expects approximately $225 million in gains on those sales and a $180 million mortgage payoff in early to mid-November 2026. SHOP has grown from 13 to 46 communities since May 2025 and contributes over 40% of annualized net operating income. Year-to-date SHOP acquisitions total approximately $740 million, over 80% of the 2026 mid-point acquisition target.
LTC Properties (LTC) elected co-presidents and co-CEOs Pam Kessler and Clint Malin to its board effective September 22, 2026.
The elections increased the board from six directors to eight, five of whom are independent. Kessler and Malin have each worked at LTC for more than two decades. They have served as co-presidents since May 2020 and co-CEOs since December 2024.
LTC Properties (LTC) announced a $200 million acquisition of four seniors housing operating properties (SHOP communities) in Minnesota, adding 453 independent living, assisted living and memory care units with an average age of nine years.
The acquisition is expected to generate an anticipated year-one cap rate of approximately 7% and an anticipated unlevered IRR in the low- to mid-teens. Lifespark Senior Living, an existing LTC SHOP operator, has assumed operations of the communities, deepening the partnership between the companies.
Funding includes $167 million of proceeds from the sale of a portfolio of 13 skilled nursing centers in Texas, which had annualized contractual cash income of $12.4 million and a net book value of $101 million. The balance came from LTC’s revolving line of credit, which is anticipated to be repaid by October 1 with proceeds from additional asset sales. Since launching SHOP in May 2025, LTC has expanded from 13 to 43 communities, now representing 38% of annualized net operating income, and has closed nearly $580 million of acquisitions year-to-date with another $120 million expected by the end of September.
LTC Properties (NYSE:LTC), a real estate investment trust focused on seniors housing and health care properties, announced that senior management will participate virtually in the NYSE Real Estate Investor Access Day on Tuesday, August 11, 2026. The company said its presentation package will be available in the Investor Relations section of its website, www.ltcreit.com.
LTC Properties (NYSE:LTC) reported second quarter 2026 total revenues of $98.9 million versus $60.2 million a year earlier, and net income available to common stockholders of $29.5 million, or $0.56 diluted EPS, compared with $14.9 million, or $0.32, in 2025. Nareit FFO was $34.3 million ($0.66 per diluted share) and Core FFO was $35.5 million ($0.68 per diluted share), flat per share year over year. FAD was $35.6 million ($0.68 per share) and Core FAD was $36.8 million ($0.70 per share).
The Company increased full-year 2026 mid-point investment guidance to $900 million, 50% above the previous midpoint, and expects $700 million of year-to-date SHOP acquisitions by end of third quarter. SHOP is projected to represent about 40% of proforma annualized NOI by end of third quarter and nearly 50% by year-end. LTC expanded its credit facility commitments to $1.1 billion, with total proforma liquidity of $648 million, and now projects $730 million of 2026 dispositions and payoffs. Full-year 2026 guidance is $8.08–$8.10 diluted EPS, $2.76–$2.78 diluted Core FFO per share, and $2.83–$2.85 diluted Core FAD per share.
LTC Properties (NYSE: LTC) completed a $95 million acquisition of two seniors housing operating properties (SHOP) communities in Minnesota. The assets, averaging five years in age, comprise 215 independent, assisted living and memory care units, and were acquired at a 7.4% cap rate with an anticipated unlevered IRR in the low- to mid-teens.
Lifespark Senior Living, an existing SHOP operator for LTC Properties, will continue to manage the communities. According to LTC Properties, the transaction was funded with proceeds from at-the-market (ATM) equity sales and increases its SHOP platform to 39 communities, representing 37% of total gross real estate investments. The SHOP platform now includes 12 operators, 10 of which are new relationships for LTC Properties.
LTC Properties (NYSE: LTC) announced a $40 million SHOP acquisition of a Wisconsin seniors housing community with 147 independent living, assisted living and memory care units. Health Dimensions Group, a new SHOP operator relationship for LTC, will continue to manage the property.
The acquisition was completed at an approximate 7.2% cap rate, with an anticipated unlevered IRR in the low- to mid-teens, and was funded with proceeds from at-the-market share sales. During the 2026 second quarter, LTC sold 4.1 million common shares for $154.7 million in net proceeds. LTC expects to acquire an additional $95 million of SHOP communities within the next month, bringing year-to-date SHOP investments to nearly $285 million. Since launching SHOP in May 2025, LTC has grown the platform to 37 properties, representing 35% of total gross real estate investments across 12 operators, including 10 new relationships.