Welcome to our dedicated page for Ltc Properties SEC filings (Ticker: LTC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
LTC Properties, Inc. filings document the reporting profile of a Maryland healthcare real estate investment trust with common stock listed on the New York Stock Exchange under LTC. Form 8-K reports furnish quarterly operating results, supplemental financial packages, Regulation FD disclosures, material agreements and completed property acquisition or disposition activity.
Proxy filings describe board elections, executive compensation, equity awards and shareholder voting matters. Other disclosures address credit agreements, line-of-credit funding, at-the-market common stock activity, capital structure, registered securities and governance topics tied to LTC's seniors housing, skilled nursing, SHOP, triple-net lease, joint venture and structured finance investments.
LTC Properties (LTC) reported insider share purchases by a director. The filing shows open-market buys of common stock totaling 5,000 shares across two days. On 11/06/2025, the director purchased 2,000 shares at $35.35 and 2,000 shares at $35.46. On 11/07/2025, the director purchased 1,000 shares at $35.94.
Following these transactions, the director beneficially owned 29,834 shares, held directly. The holding figure includes 96 shares acquired under the company’s dividend reinvestment program.
LTC Properties, Inc. reported a Q3 2025 net loss driven by a $41,455 write-off of effective interest receivable. Total revenue was $69,290, up year over year, but the write-off pushed net loss attributable to LTC to $(19,995) and diluted EPS to $(0.44). The company declared and paid a quarterly dividend of $0.57 per share.
LTC expanded its seniors housing operating portfolio (“SHOP”) after terminating the Anthem and New Perspective triple-net leases, converting those communities to SHOP, and acquiring eight seniors housing communities in the quarter. As of September 30, 2025, SHOP includes 21 properties managed by five operators. Assets rose to $2,044,420 from $1,786,142 at year-end, supported by net investing cash outflows of $(317,100) including $(268,169) in property acquisitions and $(99,200) in mortgage loans. Operating cash flow was $98,038.
On the balance sheet, the revolving line of credit increased to $548,450, term loans were repaid to $0, and senior unsecured notes decreased to $396,065. Shares outstanding were 47,614,192 as of October 28, 2025.
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 (NYSE: LTC) Q2 2025 10-Q highlights
- Top-line growth: Revenue rose 20% YoY to $60.2 m, driven by the new Seniors Housing Operating Portfolio (SHOP) segment, which generated $12.0 m of resident fees and now represents 13% of gross real-estate investment.
- Earnings pressure: Net income fell 16% to $16.5 m and diluted EPS slid to $0.32 (-27%), weighed by a $6.7 m spike in transaction costs, the addition of SHOP operating expenses ($9.4 m) and higher G&A.
- Stable cash flow: Operating cash flow was $59.6 m (+3%), sufficient to cover common dividends of $53.6 m YTD ($0.57 per share quarterly).
- Balance-sheet moves: Revolver borrowings increased $24.2 m to $168.6 m, while senior unsecured notes were amortized by $12.4 m, holding total debt at 39% of gross assets. Cash ended at $7.6 m.
- Portfolio actions: 121 owned properties (108 triple-net, 13 SHOP). Year-to-date cap-ex $2.5 m; $3.2 m proceeds from dispositions. Twenty-one triple-net assets (gross $198 m) had lease terms extended.
- Key risks: Post-quarter Genesis Healthcare, a skilled-nursing tenant, filed Chapter 11; rent current through Aug-25 but future payments uncertain. Properties held for sale jumped to $42.5 m (vs. $0.7 m).
Overall, LTC is shifting mix toward an operating model while navigating higher costs and tenant stress. Leverage remains moderate, but earnings coverage of the dividend has tightened.
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.