UPDATED: LTC Properties sells, re-leases or transfers management of 35 Brookdale Senior Living communities
By
Lois A. Bowers
Jan 08, 2024
The REIT expects net proceeds of $23 million and an anticipated net gain of $17 million related to the property sales.
LTC Properties issues notice of default to Thrive Senior Living, demands $2.6 million
By
Lois A. Bowers
May 13, 2019
LTC Properties also is looking to move the six Thrive communities in its portfolio to other operators, CEO Wendy Simpson said Friday. The REIT also provided an update on other operators in its portfolio.
Business briefs, Oct. 4
By
Lois A. Bowers
Oct 04, 2022
Poisoning death lawsuits renew interest in assisted living staffing regulations … APIC expert urges mask-wearing in long-term care despite CDC guidance … Fitch assigns Plymouth Place BB+; outlook stable...
LTC Properties ‘not sitting here waiting’ for Brookdale’s next move, CEO says
By
Lois A. Bowers
Oct 31, 2022
With Brookdale Senior Living’s lease with real estate investment trust LTC Properties up in 2023 and rumors swirling that the Brentwood, TN-based senior living operator is shopping for a buyer, the Westlake...
Big senior living stories of 2018
By
Lois A. Bowers
Dec 21, 2018
Here’s a look at some of the news that occupied many minds in senior living over the past year.
45 impressive honorees, 3 CE sessions and you
By
Lois A. Bowers
Jul 20, 2020
Our virtual McKnight’s Women of Distinction Awards and Forum is only one week away! Anyone can attend, and there’s no admission fee, so please join us.
LTC Properties expects to ‘dig deep’ for transactions; older buildings, senior apartments of interest
By
Lois A. Bowers
Feb 24, 2020
For 2020, “early indications show that we will have to dig deep to find the kinds of transactions that best benefit our shareholders,” Westlake Village, CA-based LTC Properties’ Chairman, Chief Executive...
Sabra sells 38 Senior Care Centers properties for $385 million
By
Lois A. Bowers
Dec 07, 2018
Sabra Health Care REIT has entered into an agreement to sell the Senior Care Centers communities in its portfolio — two senior living communities and 36 skilled nursing communities — for $385 million,...
2020 McKnight’s Women of Distinction Awards and Forum set for Tuesday and Wednesday
By
Lois A. Bowers
Jul 27, 2020
Everyone is invited to the 2020 McKnight’s Women of Distinction Awards and Forum, to be held Tuesday and Wednesday, respectively. There is no cost to attend either event.
LTC Properties reports EPS, revenue increases, but suspends 2020 guidance
By
Amy Novotney
May 05, 2020
LTC Properties recorded a net income available to common stockholders of $63.4 million, or $1.60 per diluted share, for the first quarter of 2020, according to earnings information released Monday. That’s...