LTC Properties (US:LTC) — Company Overview, News & Financial Data
LTC Properties is a REIT focused on seniors housing and healthcare properties across the United States, aiming for quality living environments.
LTC Properties
LTC Properties (NYSE:LTC) is a real estate investment trust (REIT) focusing on seniors housing and health care properties across the United States. Their portfolio includes assisted living, memory care communities, post-acute/skilled nursing, and range of other healthcare-related properties. LTC Properties strives to invest in properties that meet the growing demand for senior care, aiming to ensure quality living environments for residents while seeking opportunities for growth and development in the healthcare sector. Their objectives include maximizing shareholder value through strategic acquisitions, development, and financing of properties in strong, regional markets. LTC is committed to building strong relationships with experienced operators to manage these properties, ensuring they meet the high standards necessary for today's senior living and healthcare facilities.
Snapshot
Operations
Products and/or services of LTC Properties
- Investment in seniors housing and health care properties including skilled nursing, assisted living, and independent living facilities.
- Triple-net lease agreements, wherein tenants manage property operations like maintenance, insurance, and taxes, providing stable, long-term income.
- Mortgage financing to operators of health care properties, offering capital for improvements, expansions, or acquisitions.
- Property management oversight services ensuring compliance, operational efficiency, and maintenance standards.
- Sale-leaseback transactions, allowing health care operators to free up capital while maintaining operations in their facilities.
- Development funding for new health care and senior living projects, supporting sector growth and innovation.
LTC Properties executive team
- Ms. Wendy L. SimpsonExecutive Chairman of the Board
- Ms. Pamela J. Shelley-Kessler CPACo-CEO, Co-President
- Mr. Clint B. MalinCo-CEO & Co-President
- Ms. Caroline L. Chikhale CPAExecutive VP, CFO, Secretary, Chief Accounting Officer & Treasurer
- Mr. David BoitanoExecutive VP & Chief Investment Officer
- Ms. Mandi M. HoganSenior Vice President of Marketing
- Ms. Leanne DavisHuman Resource Manager
- Mr. J. Gibson SatterwhiteExecutive Vice President of Asset Management
- Mr. Michael D. BowdenSenior Vice President of Investments
- Ms. H. Rachel SonVP & Controller