LTC Properties is optimistic about the year ahead as they prepare for active investment opportunities. CEO Wendy Simpson highlighted the favorable market conditions, including significant debt maturities and fluctuating interest rates. The company has adapted to the environment by developing creative financing structures and building a stronger, more diversified portfolio.
Last year, LTC executed investments totaling $262 million and saw highlights such as re-leasing the master lease with Brookdale and successfully transitioning the 12-property portfolio given to ALG Senior. Looking forward, the company aims to rebuild its pipeline with creative and strategic investments, anticipating a back-end loaded investment year.
The market’s conditions continue to favor REITs, and LTC Properties believes they are in a good position to grow and further diversify their portfolio. Despite a relatively flat share price on Friday, the company remains confident in their investment prospects for the year ahead.
