Earnings summaries and quarterly performance for LTC PROPERTIES.
Executive leadership at LTC PROPERTIES.
Clint Malin
Detailed
Co-President and Co-Chief Executive Officer
CEO
Pamela Shelley-Kessler
Detailed
Co-President and Co-Chief Executive Officer
CEO
CC
Caroline Chikhale
Detailed
Executive Vice President, Chief Financial Officer, Treasurer and Corporate Secretary
DB
David Boitano
Detailed
Executive Vice President and Chief Investment Officer
GS
Gibson Satterwhite
Detailed
Executive Vice President, Asset Management
WS
Wendy Simpson
Detailed
Executive Chairman
Board of directors at LTC PROPERTIES.
Research analysts who have asked questions during LTC PROPERTIES earnings calls.
AW
Austin Wurschmidt
KeyBanc Capital Markets Inc.
4 questions for LTC
Also covers: AHR, AIV, AMH +20 more
MC
Michael Carroll
RBC Capital Markets
4 questions for LTC
Also covers: AHR, ARE, COLD +16 more
OO
Omotayo Okusanya
Deutsche Bank AG
3 questions for LTC
Also covers: AMH, ARE, AVB +42 more
RA
Richard Anderson
Wedbush Securities
3 questions for LTC
Also covers: AIV, ARE, AVB +25 more
Juan Sanabria
BMO Capital Markets
2 questions for LTC
Also covers: AMH, BRX, CTRE +20 more
John Kilichowski
Wells Fargo & Company
1 question for LTC
Also covers: ADC, CTRE, EPRT +15 more
RH
Robin Handel
BMO Capital Markets
1 question for LTC
WJ
William John Kilichowski
Wells Fargo
1 question for LTC
Also covers: ADC, CTRE, EPR +14 more
Recent press releases and 8-K filings for LTC.
LTC Properties announces $108 million SHOP acquisition
LTC
M&A
New Projects/Investments
- LTC Properties announced a $108 million Senior Housing Operating Portfolio (SHOP) acquisition in early 2026, involving a three-property portfolio in Atlanta, Georgia, with nearly 400 independent living, assisted living, and memory care units.
- The acquisition was made below replacement cost, with an expected year-one yield of approximately 7% and an unlevered IRR in the low teens.
- This investment increases SHOP as a percentage of Gross Investment to 27%, up from 0% in May 2025, following $360 million in SHOP acquisitions in 2025.
- The company aims to scale quickly and convert momentum into sustained Net Operating Income (NOI) growth by adding newer, high-quality assets.
Jan 26, 2026, 2:15 PM
LTC Properties Completes 2025 SHOP Acquisitions and Announces Future Plans
LTC
New Projects/Investments
Guidance Update
- LTC Properties, Inc. (LTC) acquired two Senior Housing Operating Portfolio (SHOP) properties in Tennessee and Wisconsin for $63 million.
- These acquisitions complete LTC's $360 million in SHOP acquisitions for 2025.
- The company has fulfilled its $460 million investment guidance for 2025.
- LTC expects to finalize an additional $110 million in SHOP acquisitions in January 2026.
Dec 19, 2025, 3:54 PM
LTC Properties Completes $360 Million in SHOP Acquisitions for 2025
LTC
New Projects/Investments
- LTC Properties, a real estate investment trust, announced the acquisition of two Senior Housing Operating Portfolio (SHOP) properties in Tennessee and Wisconsin on December 19, 2025.
- These $63 million acquisitions finalized LTC's $460 million investment guidance for 2025, which included $360 million in SHOP acquisitions.
- The company anticipates closing an additional $110 million in SHOP acquisitions in January 2026.
Dec 19, 2025, 3:12 PM
LTC Properties Completes 2025 SHOP Acquisitions
LTC
New Projects/Investments
Guidance Update
- LTC Properties completed $360 million in Senior Housing Operating Portfolio (SHOP) acquisitions for 2025 by acquiring two properties in Tennessee and Wisconsin for $63 million.
- These acquisitions fulfilled LTC's $460 million investment guidance for 2025.
- The company anticipates closing an additional $110 million in SHOP acquisitions in January 2026.
- The year-one yield for the recently acquired properties is 7.5%.
- As of December 19, 2025, SHOP investments represent approximately 24% of LTC's real estate portfolio value.
Dec 19, 2025, 2:30 PM
LTC Properties Increases Credit Facility to $800 Million
LTC
Debt Issuance
New Projects/Investments
- LTC Properties has increased commitments under its credit facility to a total of $800 million.
- This increase includes $200 million in new term loans.
- The $200 million in term loans are fixed at interest rates ranging from 4.61% to 5.22%, with maturities between 2028 and 2032.
- The company's CFO stated that this action strengthens the capital structure to enhance the execution of external growth initiatives.
Dec 15, 2025, 9:15 PM
LTC Properties discusses strategic focus and increased 2025 investment guidance
LTC
Guidance Update
New Projects/Investments
Dividends
- LTC Properties, a REIT specializing in needs-based seniors housing and care properties, has approximately 62% of its gross real estate investments in seniors housing.
- The company initiated its Seniors Housing Operating Portfolio (SHOP) in late 2024 as a transformative growth catalyst, aiming to diversify its portfolio and divest non-core assets.
- LTC recently increased its 2025 investment guidance from $400 million to $460 million, a significant rise from the initial $100 million guidance at the start of the year.
- The company highlights its strategic advantages as a smaller REIT, its focus on growth, quality, and consistent performance, and its continued payment of monthly dividends.
Nov 11, 2025, 1:35 PM
LTC Properties Reports Improved Q3 2025 Results and Raises Full-Year Guidance Amidst SHOP Portfolio Expansion
LTC
Earnings
Guidance Update
New Projects/Investments
- LTC Properties reported improved financial results for Q3 2025, with Core FFO increasing to $0.69 and Core FAD to $0.72, and subsequently raised the low end of its full-year 2025 Core FFO guidance to $2.69-$2.71.
- The company is actively expanding its SHOP (Senior Housing Operating Partnership) portfolio, having closed approximately 85% of its projected $460 million investment pipeline, with over $290 million in the SHOP segment. SHOP is expected to comprise nearly 25% of the investment portfolio by year-end 2025.
- LTC completed the sale of seven skilled nursing assets, generating net proceeds of approximately $120 million and a $78 million gain, and sold 1.5 million shares under its ATM program for net proceeds of approximately $56 million.
- The company maintains a strong financial position with pro forma liquidity of nearly $500 million and a pro forma debt to annualized adjusted EBITDA of 4.7 times.
Nov 5, 2025, 4:00 PM
LTC Reports Q3 2025 Results with Significant Portfolio Restructuring and Improved Proforma Capital Structure
LTC
Earnings
M&A
New Projects/Investments
- LTC reported Core FFO of $31,994 thousand for Q3 2025, an increase from $30,383 thousand in Q3 2024, despite a reported negative FFO of $(10,424) thousand due to a $41,455 thousand write-off of effective interest receivable.
- The company is expanding its Seniors Housing Operating Portfolio (SHOP) with $292 million in recent acquisitions and a pipeline to close approximately $70 million in SHOP acquisitions in 4Q 2025 and $110 million in 1Q 2026.
- Subsequent to Q3 2025, LTC sold seven skilled nursing centers for $122,950 thousand, anticipating a gain on sale of approximately $78,000 thousand.
- These post-quarter-end transactions are expected to significantly improve the company's proforma capital structure, with Debt to Enterprise Value decreasing to 31.0% and Debt to Annualized Adjusted EBITDAre improving to 4.7x as of September 30, 2025.
Nov 5, 2025, 4:00 PM
LTC Properties, Inc. Reports Q3 2025 Results and Raises Full-Year Guidance
LTC
Earnings
Guidance Update
New Projects/Investments
- LTC Properties, Inc. reported total revenues of $69,290 thousand for Q3 2025, with a net loss available to common stockholders of $(20,149) thousand and diluted earnings per common share of $(0.44), largely due to a $41,455 thousand non-cash write-off of straight-line effective interest.
- For Q3 2025, Diluted Core FFO per share increased to $0.69 and Diluted Core FAD per share increased to $0.72, primarily driven by increased SHOP net operating income from conversions and acquisitions.
- The company updated its full-year 2025 guidance for Diluted Core FFO per share to $2.69 to $2.71 and Diluted Core FAD per share to $2.82 to $2.84.
- LTC significantly grew its SHOP portfolio to nearly $450 million by September 30, 2025, representing approximately 20% of its total investment portfolio, and anticipates closing an additional $70 million in SHOP acquisitions by year-end and $110 million in January 2026.
Nov 4, 2025, 9:22 PM
LTC acquires senior housing property and updates on 2025 pipeline
LTC
New Projects/Investments
M&A
- LTC Properties acquired an 88-unit assisted living and memory care community in Georgia for $23 million, adding it to its Senior Housing Operating Portfolio (SHOP).
- The acquired property is 90% occupied and is expected to generate a year-one yield of approximately 7%.
- This acquisition introduces The Arbor Company as a new operating partner for LTC.
- LTC has completed approximately 85% of its projected $460 million 2025 pipeline, with over $290 million added to its SHOP portfolio, and expects to close an additional $70 million in SHOP acquisitions in the next 60 days.
- As of November 3, 2025, SHOP investments represent approximately 20% of LTC's real estate portfolio, encompassing 22 properties across six operators.
Nov 3, 2025, 2:30 PM
Quarterly earnings call transcripts for LTC PROPERTIES.
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