Every 8-K that LTC Properties, Inc. (LTC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow LTC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LTC filings page.
LTC Properties, Inc. expanded its board from six to eight members on September 22, 2026, electing Co-Presidents and Co-CEOs Pamela J. Shelley-Kessler and Clint B. Malin as directors. Both executives have served as Co-Presidents since May 2020 and Co-CEOs since December 2024, and will continue in those roles. Their director terms run until the next annual meeting and until successors are duly elected and qualified, or their earlier death, resignation or removal.
Neither was appointed to a board committee, and the company said their compensation arrangements are unchanged as a result of the elections. LTC's portfolio includes 180 properties; based on gross real estate investments, 77% of its assets are seniors housing communities, with the remainder in skilled nursing centers. The company said five of the eight directors are independent.
LTC Properties, Inc. entered into a new Equity Distribution Agreement allowing the company to issue and sell, from time to time, up to an aggregate offering price of $500 million of common stock through multiple financial institutions acting as principals, sales agents and/or forward sellers. Sales may be made in negotiated or block transactions or as "at the market" offerings on the New York Stock Exchange or through market makers.
The company also executed Master Forward Confirmations with several forward purchasers, enabling forward sale agreements in which a forward purchaser borrows and sells shares now, with LTC generally expecting to physically settle later and receive cash equal to the shares delivered multiplied by the applicable forward price. LTC will not initially receive proceeds from the sale of borrowed shares and may alternatively elect cash or net share settlement for particular forwards.
LTC intends to use net cash proceeds from share issuances to pay down its unsecured revolving credit line, fund acquisitions and originations, and for working capital and other general corporate purposes. In connection with the new program, LTC terminated its prior at-the-market equity distribution agreement, which had authorized up to $400 million of common stock sales and had approximately $90 million of capacity remaining at termination.
LTC Properties, Inc., a seniors housing and health care REIT, reported second quarter 2026 results with total revenues of $98,859 (amounts in thousands) and net income available to common stockholders of $29,479, compared with $60,240 and $14,938 in the prior-year quarter. Diluted EPS was $0.56 versus $0.32.
Nareit FFO attributable to common stockholders was $34,288 (thousands), or $0.66 per diluted share, and FAD was $35,605 (thousands), or $0.68 per share. The SHOP platform reached 39 communities, representing 37% of total gross real estate investments at July 31, 2026, and generated quarterly SHOP NOI of $13,924 (thousands).
Management raised the mid-point of 2026 SHOP investment guidance to $900 million, expects about $700 million of year-to-date SHOP acquisitions by the end of the third quarter, and projects SHOP to contribute 40% of proforma annualized NOI by that time and nearly 50% by year-end. Full-year 2026 diluted EPS guidance is $8.08–$8.10, with diluted Core FFO per share of $2.76–$2.78 and diluted Core FAD per share of $2.83–$2.85, supported by planned dispositions and payoffs now projected at $730 million and an expanded $1 billion credit facility.
LTC Properties, Inc. expanded its main bank credit facility by amending its existing Credit Agreement. The amendment increases total lender commitments from $800 million to $1.1 billion by using the agreement’s incremental facility feature.
The revolving credit commitments within this facility rise from $600 million to $900 million, and the total maximum commitments permitted under the agreement grow from up to $1.2 billion to up to $2.0 billion. Other material terms of the credit agreement remain unchanged.
LTC also entered into three-year interest rate swap agreements that effectively fix the interest rate on $150 million of borrowings under the credit facility at 4.97% per year, providing more predictable borrowing costs on that portion of its debt.
LTC Properties, Inc. reported the results of its 2026 annual stockholder meeting held virtually on May 20, 2026. Stockholders elected six directors to serve for the next year, with support levels generally above 32 million votes for each nominee; for example, Cornelia Cheng received 32,478,949 votes for and 247,411 against.
Stockholders also approved, on an advisory basis, the compensation of LTC’s named executive officers, with 31,454,030 votes for and 1,228,903 against. In addition, they ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for fiscal 2026, with 38,142,277 votes for and 1,191,990 against.
LTC Properties, Inc. reported strong first-quarter 2026 results, driven by its ongoing shift toward a seniors housing operating portfolio (SHOP). Total revenues rose to $95.4 million, with net income available to common stockholders of $23.4 million, or $0.48 per diluted share, up from $0.45 a year earlier.
Nareit FFO attributable to common stockholders increased to $35.4 million, or $0.72 per diluted share, while Core FFO was $33.7 million, or $0.69 per share. Core FAD reached $35.3 million, or $0.72 per diluted share.
Management highlighted a strategic remix of the portfolio: about $570 million of SHOP acquisitions and conversions completed last year, an additional $600 million of projected SHOP acquisitions this year, and approximately $265 million of skilled nursing divestitures, targeting roughly 40% of annualized NOI from SHOP by year-end. LTC reaffirmed its full-year 2026 guidance, including diluted earnings per share of $1.80–$1.84, diluted Core FFO per share of $2.75–$2.79, and diluted Core FAD per share of $2.82–$2.86.
LTC Properties reported a strong Q4 2025, with total revenues rising to $84.3M from $52.6M, driven by its seniors housing operating portfolio (SHOP) strategy. Net income available to common stockholders increased to $101.6M, or $2.11 diluted EPS, boosted by a $78.1M gain on real estate sales.
On an operating basis, diluted Core FFO per share grew to $0.70 from $0.65, and diluted Core FAD per share rose to $0.73 from $0.66, supporting the dividend. For 2026, LTC guides to diluted EPS of $1.80–$1.84, Core FFO of $2.75–$2.79 per share, and Core FAD of $2.82–$2.86, reflecting continued SHOP-driven growth.
LTC Properties, Inc. entered into a First Amendment to its Credit Agreement, increasing the aggregate commitment of the lenders from $600 million to $800 million by exercising an incremental facility and adding new term loans.
The amendment establishes a $50 million three-year term loan, $55 million four-year term loan, $55 million five-year term loan, and $40 million seven-year term loan, maturing in 2028, 2029, 2030 and 2032, while the material terms of the Credit Agreement otherwise remain unchanged.
In connection with this amendment, LTC entered into interest rate swap agreements that effectively fix the interest rates on the 2028, 2029, 2030 and 2032 term loans at 4.61%, 4.65%, 4.70% and 5.22% per annum, based on the Credit Agreement’s stated applicable margins.
LTC Properties, Inc. announced operating results for the quarter ended September 30, 2025, via a Form 8‑K.
The company furnished a press release (Exhibit 99.1) and a supplemental information package (Exhibit 99.2) providing details. The materials are furnished and not deemed “filed” under Section 18 of the Exchange Act, and are not incorporated by reference unless expressly stated in a future filing.
LTC Properties, Inc. completed a significant acquisition of seniors housing assets. On September 29, 2025, the company acquired five seniors housing communities in Wisconsin totaling 520 units from local developers. The aggregate purchase price was $195 million.
The transaction was funded through a mix of borrowing and equity capital, using the company’s line of credit, proceeds from loan payoffs, and proceeds from sales of common stock under its at-the-market (ATM) program. This expands LTC’s seniors housing portfolio while increasing its use of both debt capacity and recently raised equity.
LTC Properties, Inc. updated its 2025 full-year outlook, cutting expected GAAP net income attributable to LTC to a range of $2.57 to $2.59 per share from a prior range of $3.45 to $3.48 per share. The reduction is driven by a previously disclosed non-cash write-off of a $41.5 million effective interest receivable tied to an amendment of a $180.4 million mortgage loan with Prestige Healthcare, which allows Prestige to prepay without penalty during a 12‑month window starting in July 2026, subject to conditions.
LTC’s operating metrics remain largely intact, with updated 2025 guidance for Diluted Core FFO unchanged at $2.68 to $2.71 per share and Diluted Core FAD holding at $2.81 to $2.83 per share. The company also originated a new $58 million, five‑year loan at an interest rate of 8.25%, secured by two seniors housing communities in California with 171 units, expanding its lending portfolio.
LTC Properties, Inc. (NYSE: LTC) has disclosed that one of its skilled-nursing operators, Genesis Healthcare, Inc., filed for Chapter 11 bankruptcy protection on July 9, 2025. Genesis currently leases six skilled nursing centers—five in New Mexico and one in Alabama—covering a total of 782 beds under a master lease with LTC.
Lease details: the master lease was due to expire on April 30, 2026; however, on June 3, 2025 Genesis exercised the first of three available five-year extension options, which would push the maturity to April 30, 2031.
Financial exposure: for the quarter ended March 31, 2025 Genesis contributed $8.4 million of annualized revenue (4.5% of LTC’s total) and $9.5 million of annualized contractual cash revenue (5.1% of the total). Genesis has paid rent through July 2025, and LTC holds a $4.7 million letter-of-credit security deposit.
Implications: Although Genesis’ contribution represents a mid-single-digit percentage of LTC’s revenue base, the bankruptcy introduces potential collection risk beyond July 2025. The existing security deposit and the operator’s recent decision to extend the lease provide limited mitigation and suggest Genesis intends to continue operations within the portfolio, but future rent receipts could still be delayed or modified by bankruptcy proceedings.