Welltower and LTC Properties reported second-quarter earnings to investors and analysts on Tuesday.
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.
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 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...
LTC closes $46 million in investments
By
Kathleen Steele Gaivin
Oct 13, 2021
Westlake Village, CA-based LTC Properties announced Monday the closing of $46 million in new investments since the beginning of the third quarter.
Analysts mull recovery prospects for seniors housing REITs
By
Amy Novotney
May 18, 2020
A week after the sector’s largest companies reported first-quarter earnings, several analysts have shared their views on how healthcare real estate investment trusts are faring amidst the ongoing COVID-19...
Brookdale, LTC, NHI and Welltower issue business updates
By
Kathleen Steele Gaivin
Jan 12, 2022
Several companies released updates this week, focusing on portfolio activity, litigation, capital, rent deferrals and occupancy.
Fourth-quarter earnings results announced for Ventas, LTC Properties and National HealthCare Corp.
By
Kathleen Steele Gaivin
Feb 22, 2022
Real estate investment trusts Ventas and LTC Properties held their fourth-quarter and full year 2021 earnings calls on Friday, and National HealthCare Corp. has released data related to those time periods.
All signs point to ‘more robust’ senior living market, LTC Properties CEO says
By
Kathleen Steele Gaivin
May 01, 2024
“The seniors housing and care industry is on a promising upturn after setbacks related to COVID,” Westlake Village, CA-based real estate investment trust LTC Properties Chairman and CEO Wendy Simpson...
LTC Properties ready to ‘ramp up’ investment activity
By
Kathleen Steele Gaivin
Oct 31, 2022
LTC Properties expects to “ramp up” its investment activity over the next 12 to 24 months to “become even more competitive,” the Westlake Village, CA, real estate investment trust’s chairman...