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LTC Properties Inc (LTC.N)

LTC.N on New York Stock Exchange

42.94USD
23 Oct 2018
Change (% chg)

$0.12 (+0.28%)
Prev Close
$42.82
Open
$42.72
Day's High
$43.31
Day's Low
$42.47
Volume
50,441
Avg. Vol
65,546
52-wk High
$48.73
52-wk Low
$34.51

Latest Key Developments (Source: Significant Developments)

LTC Announces Reduced Pricing And Extension Of Unsecured Credit Facility
Thursday, 28 Jun 2018 

June 28 (Reuters) - LTC Properties Inc ::LTC ANNOUNCES REDUCED PRICING AND EXTENSION OF UNSECURED CREDIT FACILITY.LTC PROPERTIES - ENTERED SECOND AMENDED & RESTATED UNSECURED CREDIT AGREEMENT TO REPLACE LTC'S PREVIOUS UNSECURED CREDIT AGREEMENT DATED OCT 14, 2014.LTC PROPERTIES INC - CREDIT AGREEMENT PROVIDES FOR OPPORTUNITY TO INCREASE COMMITMENT SIZE OF CREDIT AGREEMENT UP TO A TOTAL OF $1 BILLION.LTC PROPERTIES - CREDIT AGREEMENT EXTENDS MATURITY OF CREDIT AGREEMENT TO JUNE 27, 2022, PROVIDES FOR A ONE-YEAR EXTENSION OPTION AT LTC'S DISCRETION.  Full Article

LTC Sells Portfolio Of Six Assisted Living Communities For $67.5 Million
Thursday, 10 May 2018 

May 9 (Reuters) - LTC Properties Inc ::LTC REPORTS 2018 FIRST QUARTER RESULTS; SELLS PORTFOLIO OF SIX ASSISTED LIVING COMMUNITIES FOR $67.5 MILLION.Q1 FFO PER SHARE $0.75.Q1 FFO PER SHARE VIEW $0.75 -- THOMSON REUTERS I/B/E/S.  Full Article

LTC Sells Portfolio Of Six Assisted Living And Memory Care Communities For $67.5 Mln
Tuesday, 1 May 2018 

May 1 (Reuters) - LTC Properties Inc ::PRESS RELEASE - LTC SELLS PORTFOLIO OF SIX ASSISTED LIVING AND MEMORY CARE COMMUNITIES FOR $67.5 MILLION.LTC PROPERTIES INC - AS A RESULT OF TRANSACTION, LTC EXPECTS TO RECOGNIZE A NET GAIN ON SALE OF APPROXIMATELY $48.0 MILLION IN Q2.  Full Article

LTC Enters $23 Million Joint Venture With New Partners
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - Ltc Properties Inc ::LTC ENTERS $23 MILLION JOINT VENTURE WITH NEW PARTNERS.LTC PROPERTIES INC - ‍ ENTERED A REAL ESTATE JOINT-VENTURE RELATIONSHIP WITH AFFILIATES OF TEALWOOD SENIOR LIVING AND DEVELOPER TUKKA PROPERTIES​.LTC PROPERTIES INC - CONSTRUCTION IS SLATED TO START PRIOR TO 2018, WITH A PLANNED OPENING DATE OF SPRING 2019.LTC PROPERTIES INC - ‍UPON COMPLETION, COMMUNITY WILL BE OPERATED BY AN AFFILIATE OF TEALWOOD SENIOR LIVING UNDER A TRIPLE-NET LEASE WITH JOINT-VENTURE​.  Full Article

LTC Properties says co ‍learned that one of its lessees filed for Chapter 11 bankruptcy
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Ltc Properties Inc ::Says ‍on Nov 14 co learned that one of its lessees, Preferred Care & affiliated entities filed for Chapter 11 bankruptcy - SEC filing.Does not believe Preferred Care's bankruptcy will have a material impact on company's future financial results​.Preferred Care & entities filed for bankruptcy resulting from a legal judgement in lawsuit against preferred & affiliated entities​.Affiliated entities operate properties in Kentucky and New Mexico​.  Full Article

LTC Properties says terminated equity distribution agreement with Canaccord Genuity on Nov 7 - SEC filing​
Thursday, 9 Nov 2017 

Nov 8 (Reuters) - LTC Properties Inc :LTC Properties - ‍on Nov 7, co delivered notice to Canaccord Genuity terminating equity distribution agreement with Canaccord, dated August 1, 2016​.LTC Properties Inc - equity distribution agreement permitted co to offer and sell, up to $200 million shares through canaccord​ - SEC filing.  Full Article

LTC reports Q3 FFO per share $0.76
Thursday, 9 Nov 2017 

Nov 8 (Reuters) - LTC Properties Inc :LTC reports 2017 third quarter results; announces new investment.Q3 FFO per share $0.76.Q3 FFO per share view $0.74 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-LTC Sells Portfolio Of Six Assisted Living Communities For $67.5 Million

* LTC REPORTS 2018 FIRST QUARTER RESULTS; SELLS PORTFOLIO OF SIX ASSISTED LIVING COMMUNITIES FOR $67.5 MILLION