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. (NYSE: LTC) is a real estate investment trust (REIT) that focuses on seniors housing and health care properties in the United States. The news flow around LTC commonly reflects its activity in acquiring, financing, leasing and recycling capital across seniors housing communities and skilled nursing centers, as well as updates on its capital structure and dividend declarations.
Readers following LTC news can expect regular announcements about its Senior Housing Operating Portfolio (SHOP), including acquisitions of independent living, assisted living and memory care communities, and the expansion of relationships with operating partners. Recent releases have described SHOP acquisitions in states such as Wisconsin, Tennessee and Georgia, and the growth of SHOP as a percentage of LTC’s overall real estate portfolio.
LTC’s news also covers portfolio management actions, such as the sale of older skilled nursing centers and the redeployment of proceeds into newer, stabilized SHOP assets. These updates often include information on portfolio composition by asset type, illustrating the company’s emphasis on increasing its seniors housing exposure while maintaining skilled nursing investments.
Another recurring theme in LTC’s news is its capital structure. The company reports on amendments to its unsecured credit facility, the establishment of term loans, interest rate swap arrangements, and activity under its equity distribution agreement. In addition, LTC issues press releases about monthly common stock cash dividends, including record and payment dates and per-share amounts.
For investors and observers, the LTC news page provides a centralized view of these developments, offering context on how the company is investing in seniors housing and health care properties, managing its balance sheet and updating shareholders on dividends and operating performance.
LTC Properties, Inc. (NYSE: LTC) has announced a joint venture to acquire three skilled nursing centers in northern Florida, contributing
LTC Properties, Inc. (NYSE: LTC) reported strong second-quarter 2022 results, with net income available to common stockholders increasing to $54.1 million from $18.1 million year-over-year. Diluted earnings per share rose to $1.36 compared to $0.46 in Q2 2021. NAREIT FFO attributable to common stockholders was $25.4 million, leading to a FFO per share of $0.64. LTC acquired four skilled nursing centers for $51.5 million and completed several sales, including three assisted living communities for $43.7 million. However, temporary rent reductions totaling $1.5 million were provided.
LTC Properties, Inc. (NYSE:LTC) is set to release its second quarter earnings on July 28, 2022, after market close. A conference call will be held on July 29, 2022, at 8:00 a.m. Pacific / 11:00 a.m. Eastern to discuss the quarter's performance and operating results. LTC is a real estate investment trust focusing on seniors housing and health care properties, managing a portfolio of 202 properties across 29 states. The company employs strategies like sale-leasebacks and structured finance solutions.
LTC Properties, Inc. (NYSE:LTC) has declared a monthly cash dividend of $0.19 per common share for the third quarter of 2022. The dividends are scheduled for payment on July 29, August 31, and September 30, 2022, to stockholders of record on July 21, August 23, and September 22, 2022, respectively. LTC operates as a real estate investment trust, focusing on seniors housing and health care properties, with an investment portfolio of 202 properties across 29 states.
LTC Properties Inc. (NYSE: LTC), a real estate investment trust focused on seniors housing and healthcare properties, will participate in the NAREIT REITWeek 2022 Investor Conference from June 7 to June 9, 2022, in New York. The company will present a package available online, outlining its investment strategies and portfolio, which includes 202 properties across 29 states, equally divided between seniors housing and skilled nursing facilities. For further details, visit LTC's investor page.
LTC Properties, Inc. (NYSE: LTC) announced the issuance of $75 million in senior unsecured notes at a 3.66% interest rate, maturing on May 17, 2033. The funds will support growth initiatives and pay down existing debt. Year-to-date, LTC has invested approximately $113 million and realized a net gain of $38 million from asset sales. The company also amended its senior unsecured note agreements for compliance with its credit covenants. CEO Wendy Simpson noted that this financing enhances liquidity amid rising interest rates.
LTC Properties, Inc. (NYSE: LTC) announced a
LTC Properties reported its Q1 2022 results, highlighting a net income of $14.3 million ($0.36 per share) compared to $13.6 million ($0.35 per share) in Q1 2021. NAREIT FFO attributable to common stockholders declined to $23.6 million from $24.3 million year-over-year. Key factors affecting results included lower rental income due to transitions in property management and lease terminations, partially offset by increased income from newly transitioned properties and higher interest income from mortgage loans. LTC originated a $25 million mezzanine loan and completed other significant transactions to enhance its portfolio.
LTC Properties, Inc. (NYSE:LTC) will release its first quarter earnings on April 28, 2022, after market close. A conference call is scheduled for April 29, 2022, at 8:00 a.m. Pacific to discuss performance for the quarter ending March 31, 2022. LTC, a real estate investment trust focusing on seniors housing and health care properties, has a portfolio of 202 properties across 29 states. Investors can access the earnings release and supplemental information on the company’s website.
LTC Properties, Inc. (NYSE: LTC) has expanded its partnership with Ignite Medical Resorts by acquiring four LuxeRehab centers in Texas for approximately