Ltc Properties ( (LTC) ) has released its Q2 earnings. Here is a breakdown of the information Ltc Properties presented to its investors.
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LTC Properties, Inc. is a real estate investment trust (REIT) that focuses on investing in seniors housing and healthcare properties, utilizing strategies such as RIDEA, triple-net leases, joint ventures, and structured finance solutions. The company operates nearly 200 properties across approximately 25 states.
In its latest earnings report for the second quarter of 2025, LTC Properties announced a significant increase in total revenues, reaching $60.24 million, up from $50.12 million in the same period last year. The company has also raised its 2025 guidance to include $400 million of completed and anticipated near-term investments, which are expected to more than double the size of its seniors housing operating portfolio (SHOP).
Key financial metrics from the report indicate a decrease in net income available to common stockholders, which fell to $14.94 million from $19.19 million in the prior year. However, the company’s Core FFO and Core FAD per share showed slight improvements, reflecting the company’s strategic focus on expanding its SHOP portfolio. LTC also reported significant investment activities, including the conversion of 13 properties into SHOP and the origination of a $42.3 million mortgage loan.
Looking ahead, LTC Properties is optimistic about its growth prospects, with plans to close additional investments totaling approximately $320 million over the next 60 days. The company’s management is focused on transforming LTC into a larger, more diversified seniors housing-focused REIT, with ample access to capital to drive shareholder value in the future.