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.
LTC Properties, a real estate investment trust focused on seniors housing and health care properties, has announced its participation in the 2024 NYSE Real Estate Investor Access Day. The event is scheduled for Thursday, August 8, 2024. LTC's senior management will be present at this significant industry gathering.
Investors and interested parties can access LTC's presentation package online through the company's investor relations website at https://ir.ltcreit.com/Investors. This presentation is expected to provide valuable insights into LTC's business strategy, portfolio performance, and future outlook in the seniors housing and healthcare real estate sectors.
The NYSE Real Estate Investor Access Day offers a platform for real estate companies to connect with investors and showcase their investment opportunities. LTC's participation underscores its commitment to transparency and engagement with the investment community.
LTC Properties, a REIT focusing on seniors housing and health care properties, reported its 2024 second quarter results. Key highlights include:
- Total revenues increased to $50.1 million, up from $48.2 million in Q2 2023
- Net income available to common stockholders rose to $19.2 million ($0.44 per diluted share), compared to $6.0 million ($0.15 per share) in Q2 2023
- NAREIT FFO attributable to common stockholders increased to $28.2 million ($0.65 per diluted share)
- The company made several portfolio updates, including a $12.7 million mortgage loan origination and restructuring agreements with ALG Senior
- LTC's total liquidity stood at $189.3 million as of June 30, 2024
LTC Properties (NYSE: LTC) has announced the release of its second quarter earnings for 2024 on July 29, 2024, after market close. A conference call is scheduled for July 30, 2024, at 8:00 a.m. Pacific / 11:00 a.m. Eastern to discuss the company's performance for the quarter ending June 30, 2024. Interested parties can access the live webcast at www.LTCReit.com or by phone. A replay will be available an hour after the call and through August 13, 2024, accessible via both toll-free and international numbers. Additionally, the earnings release and supplemental information will be posted on the company's investor relations website.
LTC Properties has declared a monthly cash dividend of $0.19 per common share for Q3 2024. The distribution dates are:
- July 31, 2024, for shareholders recorded by July 23, 2024
- August 30, 2024, for shareholders recorded by August 22, 2024
- September 30, 2024, for shareholders recorded by September 20, 2024
This announcement reaffirms LTC's commitment to providing consistent returns to its investors.
LTC Properties (NYSE: LTC), a real estate investment trust focused on seniors housing and healthcare properties, has announced its participation in Nareit’s REITWeek 2024 Investor Conference. This event will take place from June 4-6 in New York City. Senior management will be presenting, and the presentation package will be available online at LTC's investor relations website.
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.
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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