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 sale of five skilled nursing centers, including four in Virginia ($51 million) and one in California ($29 million), completing the planned disposition of a seven-property portfolio. Proceeds from the sales will be redeployed for the acquisition of newer, stabilized Seniors Housing Operating Portfolio (“SHOP”) assets consistent with the Company’s strategic focus on external growth and portfolio diversification.
Read the full article: LTC Advances Portfolio Transformation with $79M in Completed Sales //
Source: https://www.businesswire.com/news/home/20251023021877/en/LTC-Advances-Portfolio-Transformation-With-%2479-Million-in-Completed-Sales