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    Robin Handel

    Research Analyst at BMO Capital Markets

    Robin Handel is an analyst at BMO Capital Markets, focused on the real estate and REITs sector, with primary coverage of companies such as LTC Properties Inc. Recognized for active participation in earnings calls, Handel has contributed research insights tied to operational performance and deal structuring for covered firms. With career experience at BMO, he has established familiarity with senior housing operators and related investment vehicles, and his recent focus includes the dynamics of RIDEA structures within publicly traded real estate portfolios. Professional credentials and FINRA registrations for Robin Handel are not publicly listed, and external rankings or documented performance metrics are currently unavailable.

    Robin Handel's questions to LTC PROPERTIES (LTC) leadership

    Robin Handel's questions to LTC PROPERTIES (LTC) leadership • Q3 2024

    Question

    Robin Handel, on behalf of Juan Sanabria, asked for the rationale behind tenants' interest in converting to a RIDEA structure, inquired about expected loan repayments for the remainder of 2024 and 2025, and questioned the use of proceeds from the ATM program.

    Answer

    Co-President and CFO Pamela Shelley-Kessler clarified that tenants in the transition bucket with shorter-term leases are candidates for RIDEA conversion. She also stated no significant repayments are expected for the rest of 2024, with about $30 million scheduled for 2025. She confirmed the ATM proceeds were used for deleveraging, which is now complete. Co-President and CIO Clint B. Malin added that a potential ALG purchase option exercise could add to 2025 maturities.

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