LTC Properties, Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that invests in seniors housing and health care properties, announces the closing of a $40 million Senior Housing Operating Portfolio (“SHOP”) acquisition of two assisted living and memory care communities operated by Charter Senior Living. LTC has now closed $175 million (38%) of its projected $460 million pipeline. Of this, $75 million has been added to SHOP. The Company expects to close an additional $195 million in SHOP acquisitions by mid-October 2025, and an additional $90 million by the end of 2025.
Read the full article: LTC Advances External Growth Strategy with $40M SHOP Acquisition //
Source: https://www.businesswire.com/news/home/20250925179962/en/LTC-Advances-External-Growth-Strategy-With-%2440-Million-SHOP-Acquisition