LTC Properties Inc. Logo

LTC Properties Inc. (LTP)

Munich

Currency in EUR
34.73
0.00 (0.00%)

Real-time Data

06:00 AM

Day's Range

34.73
34.73

52 wk Range

28.98
37.34

Profile - LTP - LTC Properties Inc.

Profile

Mic Code

XMUN

Sector

Real Estate

Industry

REIT - Healthcare Facilities

Employees

23


LTC Properties Inc. is a healthcare real estate investment trust (REIT) that primarily invests in senior housing and long-term care facilities. The primary function of LTC Properties Inc. is to provide financing to real estate owners of senior housing and care facilities through mortgage lending and property leasing. This REIT focuses extensively on sectors that serve the aging population, notably skilled nursing facilities, assisted living properties, and independent living facilities. By investing in these sectors, LTC Properties Inc. plays a crucial role in supporting the infrastructure for senior care, which is increasingly important given demographic shifts towards an older population. This REIT offers liquidity to developers and operators of these facilities, enabling expansion and operational efficiency. Its market significance is underscored by the steady stream of rental and interest income derived from long-term leases and mortgage agreements, which provide investors with potential for income distribution and portfolio diversification within the specialized healthcare real estate market. Established in 1992, LTC Properties Inc. continues to contribute to the healthcare sector’s growth and innovation.

Profile Details

Type

REIT

Ceo

Ms. Pamela J. Shelley-Kessler CPA

Address

3011 Townsgate Road

City

Westlake Village

State

CA

Zip

91361

Country

United States

Phone

805 981 8655

The information on this page is provided for general informational purposes only and is not investment advice.

Market data provided by Twelve Data. Charting by TradingView.

Last updated:

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