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 (LTC) is a leading healthcare-focused real estate investment trust specializing in senior housing and medical care facilities. This dedicated news hub provides investors and industry observers with essential updates on the company's strategic initiatives, financial performance, and market positioning.
Access authoritative reports on quarterly earnings, property portfolio expansions, and partnership developments within the senior living sector. Our curated collection includes press releases detailing lease transactions, mortgage financing arrangements, and operational milestones across LTC's network of assisted living communities and skilled nursing centers.
Key updates cover critical areas including capital deployment strategies, dividend announcements, and regulatory compliance matters specific to healthcare REITs. Bookmark this page for real-time insights into LTC's investments in memory care facilities and independent living communities, essential for monitoring trends in aging population infrastructure.
Check back regularly for verified information on leadership changes, analyst commentary, and industry benchmarking reports. This resource eliminates the need to scour multiple sources, providing a centralized repository for informed decision-making about healthcare real estate investments.
LTC Properties (NYSE:LTC), a healthcare REIT, announced that its tenant Genesis Healthcare has filed for Chapter 11 bankruptcy. Genesis operates six skilled nursing centers under a master lease with LTC, comprising five facilities in New Mexico and one in Alabama, totaling 782 beds.
The lease currently generates $8.4 million in annualized revenue and $9.5 million in annualized contractual cash revenue, representing 4.5% and 5.1% of LTC's total revenue respectively. Genesis has paid rent through July 2025 and recently exercised a 5-year extension option to extend the lease until April 30, 2031. LTC holds $4.7 million in security through a letter of credit.
LTC Properties (NYSE:LTC) has declared its monthly cash dividend for the third quarter of 2025. The company will distribute $0.19 per common share for each month of Q3 2025.
The dividends will be paid on July 31, August 29, and September 30, 2025, to shareholders of record on July 23, August 21, and September 22, 2025, respectively.
LTC Properties (NYSE: LTC), a real estate investment trust, has announced its senior management team will be participating in Nareit's REITWeek 2025 Investor Conference. The conference is scheduled to take place from June 2-5, 2025 in New York City. The company will make its presentation materials available to investors through the Investor Relations section of their website at www.ltcreit.com.
LTC Properties (NYSE: LTC), a real estate investment company, announced that its senior management team will be participating in the upcoming BMO North American Real Estate Conference. The conference is scheduled to take place on May 13, 2025, in New York. Investors and interested parties can access the company's presentation materials through LTC's investor relations website at https://ir.ltcreit.com/Investors.
LTC Properties (NYSE: LTC), a real estate investment trust focused on seniors housing and health care properties, has appointed David Boitano as Executive Vice President and Chief Investment Officer. This appointment follows Clint Malin's promotion to Co-Chief Executive Officer in December 2024.
Boitano brings significant industry experience from his tenure at Ventas, where he was responsible for sourcing investments, including RIDEA, with direct underwriting of over $5.0 billion in transactions. The appointment aligns with LTC's strategic focus on expanding its RIDEA platform and driving growth.
LTC Properties (NYSE: LTC) has scheduled its first quarter 2025 earnings release for Monday, May 5, 2025, after market close. The company will host a conference call on Tuesday, May 6, 2025, at 8:00 a.m. Pacific / 11:00 a.m. Eastern to discuss the company's performance and operating results for the quarter ended March 31, 2025.
The conference call will be accessible via webcast at www.LTCReit.com and through toll-free numbers for both US (1-888-506-0062) and international (1-973-528-0011) participants. A replay will be available for two weeks until May 20, 2025, and the earnings release and supplemental information package will be posted on the company's investor relations website.
LTC Properties (NYSE: LTC) has announced its upcoming virtual participation in the Deutsche Bank Healthcare REIT Summit scheduled for Thursday, April 10, 2025.
The senior management team will represent the company at this significant healthcare real estate investment trust event. Investors and interested parties will be able to access the company's presentation materials through LTC's investor relations website at https://ir.ltcreit.com/Investors.
LTC Properties (NYSE: LTC) has announced its monthly cash dividend schedule for the second quarter of 2025. The company will distribute $0.19 per common share for each month of the quarter.
The dividend payments are scheduled as follows: April payment on April 30 (record date April 22), May payment on May 30 (record date May 22), and June payment on June 30 (record date June 20).
LTC Properties reported strong fourth quarter 2024 results, highlighting progress in its RIDEA strategy implementation, with initial transactions expected in Q2. Total revenues increased due to several factors, including one-time straight-line rental income and rent increases from fair-market resets.
The company's financial position showed improvements with decreased expenses, primarily due to lower interest costs and reduced provision for credit losses. Notable transactions included receiving a $51.1 million mortgage loan payoff from a Georgia property and selling a Colorado property for $5.3 million with a $1.1 million gain.
LTC enhanced its financial flexibility by establishing a new $400 million equity distribution agreement, replacing its previous $200 million agreement. The company's total liquidity stood at $680.4 million as of December 31, 2024, including $9.4 million cash on hand and $280.7 million available under its revolving credit line.