The effects of COVID-19 have not escaped the senior living and skilled nursing operators in LTC Properties’ portfolio, executives shared Monday on the real estate investment trust’s first-quarter 2020...
With industry ‘in midst of recovery,’ LTC Properties has near-term $100 million pipeline
By
Lois A. Bowers
Nov 01, 2021
Westlake Village, CA-based LTC Properties has a “near-term pipeline” valued at more than $100 million as the long-term care industry is “firmly in the midst of a recovery,” executives said Friday...
Coming together, right now
By
Lois A. Bowers
Apr 06, 2020
COVID-19 is challenging senior living operators in new and numerous ways. Companies are finding ways to help their peer organizations and let their workers know how much they are valued during these unprecedented...
Parkinson ponders post-election landscape
By
Lois A. Bowers
Nov 02, 2020
Regardless of how long we need to wait after Election Day until we know the results, they will have “enormous implications on everything, including long-term care,” American Health Care Association...
LTC Properties defers or abates $2 million in rent as operators feel ‘some stress’
By
Lois A. Bowers
May 02, 2022
Long-term care operators felt “some stress” in the first quarter as they continued to confront labor pressures and inflation, LTC Properties Chairman and CEO Wendy Simpson said Friday during the Westlake...
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...
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...
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...
Operators better prepared to manage next pandemic: LTC Properties CEO
By
Kimberly Bonvissuto
Nov 02, 2020
The senior living and care industry has faced considerable challenges related to COVID-19, but operators now have better tools and a better understanding of how to manage in the pandemic, LTC Properties...