LTC Properties, Inc. (NYSE: LTC) is a real estate investment trust (REIT) that specializes in long-term care and senior housing properties. Established in 1992 and headquartered in Irvine, California, the company focuses on generating stable, long-term cash flows by leasing facilities to experienced operators under triple-net lease arrangements. LTC’s portfolio primarily consists of skilled nursing facilities, assisted living and memory care communities, independent living buildings, and medical office properties that cater to the evolving needs of an aging population.
Through its investment strategy, LTC Properties targets high-quality assets operated by creditworthy tenants, providing essential care and services to seniors across the United States and Canada. The company’s leases typically cover property taxes, insurance, and maintenance expenses, creating predictable rental revenue streams and reducing landlord responsibilities. LTC works closely with operators to ensure facilities meet regulatory standards and industry best practices, helping to maintain occupancy levels and deliver consistent returns for shareholders.
Since its founding, LTC Properties has grown its portfolio through accretive acquisitions, joint ventures, and selective redevelopment projects. Early capital was raised to acquire a portfolio of skilled nursing facilities from a major health care provider, and subsequent equity and debt financings have supported expansion into diverse senior housing segments. Today, the company’s assets span more than 40 U.S. states and select Canadian provinces, with a focus on markets that demonstrate strong demographic tailwinds and limited new supply.
Under the leadership of President and Chief Executive Officer Daniel W. Winters and Chief Financial Officer Steven Kaminski, LTC Properties pursues disciplined underwriting and proactive asset management. The senior management team emphasizes partnership with operators to navigate regulatory changes, optimize facility performance, and enhance resident quality of care. With a commitment to corporate governance and sustainable practices, LTC seeks to capitalize on the growing demand for senior housing while providing investors with reliable income and long-term value appreciation.
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