LTC Properties Inc. (LTP)
Munich
Real-time Data
06:00 AM
Day's Range
34.7352 wk Range
28.98Profile - 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.
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