LTC Properties (LTC) announced the sale of five skilled nursing centers, completing the planned disposition of a seven-property portfolio.Properties: Five skilled nursing properties, including four in Virginia and one in California. Sales Proceeds: $79M with an expected gain on sale of approximately $52M. Purpose: Furthers LTC’s ongoing efforts to actively manage and strengthen its portfolio through strategic capital recycling. Proceeds from the sales will be redeployed for the acquisition of newer, stabilized Seniors Housing Operating Portfolio assets consistent with the Company’s strategic focus on external growth and portfolio diversification. Portfolio Composition: Throughout 2025, LTC has strategically increased its exposure to seniors housing. On a gross real estate investment basis, approximately 62% of the Company’s assets are in seniors housing, with the remaining 38% in skilled nursing. LTC’s SHOP segment now represents 19% of its total portfolio.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LTC:
- LTC Properties price target lowered to $36 from $37 at Wells Fargo
- LTC Properties sells two skilled nursing centers for $42M
- LTC Properties Completes Acquisition of Senior Housing
- LTC Properties initiated with a Neutral at Cantor Fitzgerald
- LTC Properties annnounces $195M Senior Housing Operating Portfolio acquisition