Ignite boosts Texas presence via $12.7 million joint venture with LTC Properties
By
Kathleen Steele Gaivin
Apr 05, 2024
Ignite Medical Resorts will expand its footprint in Texas through a $12.7 million loan from Westlake Village, CA-based real estate investment trust LTC Properties that will enable the operator to purchase...
Senior living market fundamentals favor REITs, LTC Properties CEO says
By
Kimberly Bonvissuto
Feb 20, 2024
LTC Properties Chairman and CEO Wendy Simpson called 2023 a “year of solid execution” as the real estate investment trust “substantially resolved” all of its challenges and looks to 2024 with market...
Business briefs, Feb. 20
By
Kathleen Steele Gaivin
Feb 20, 2024
LTC Properties CEO: Senior living market fundamentals favor REITs … 2024 presents ‘golden opportunity’ for senior living to increase occupancy levels: NIC … Proposed HCBS rule could diminish service...
UPDATED: LTC Properties sells, re-leases or transfers management of 35 Brookdale Senior Living communities
By
Lois A. Bowers
Jan 08, 2024
The REIT expects net proceeds of $23 million and an anticipated net gain of $17 million related to the property sales.
DHC leads the pack as REIT stocks soar at end of year: report
By
Kathleen Steele Gaivin
Jan 08, 2024
Real estate investment trusts for the most part saw their stocks soar as 2023 came to an end, according to S&P Global Market Intelligence. The fourth quarter saw REIT share prices “outperforming the...
Actions & Transactions, Jan. 3
By
Kathleen Steele Gaivin
Jan 03, 2024
Ensign Group acquires SNFs in Nevada, Tennessee … LTC Properties declares monthly cash dividend of $0.19 per common share per month for the first quarter … SLIB negotiates sale of Seattle senior living...
With a year of ‘solid progress and growth,’ Brookdale says it is prepared to meet demand for senior...
By
Kimberly Bonvissuto
Nov 08, 2023
Upon experiencing another “strong” quarter of growth, Brookdale Senior Living is seeing the positive results of its recovery strategy by focusing on profitable and sustainable growth, executives said...
LTC Properties heads into 2024 on a positive note with continued industry recovery
By
Kimberly Bonvissuto
Oct 30, 2023
The third quarter was a productive one for LTC Properties, as it worked through some previously identified challenges and made progress on its goals, according to Chairman and CEO Wendy Simpson.
LTC Properties continues ‘mission of focus’ for remainder of 2023
By
Kathleen Steele Gaivin
Oct 30, 2023
LTC Properties continues its “mission of focus” on sales and investments announced in July, Chairman and CEO Wendy Simpson said on Friday’s third quarter earnings call.
REITs focused on long-term care are ‘unsung heroes’ of investing, asset manager says
By
Kathleen Steele Gaivin
Sep 29, 2023
Real estate investment trusts with portfolios heavy in skilled nursing and senior living assets are being called the “unsung heroes” among investments by the author of one online post.