Anthem Memory Care continues to make progress on occupancy and earnings, LTC Properties Chairman, President and CEO Wendy Simpson said Friday during the Westlake Village, CA-based real estate investment trust's fourth-quarter and full-year 2017 earnings call.
Real estate investment trust LTC Properties announced Wednesday that it is teaming up with a new partner and using a particular financing model for the first time in a $23 million joint venture that will result in a new independent living, assisted living and memory care campus in Wisconsin.
Anthem Memory Care is making "good progress" addressing financial, occupancy and staffing issues previously identified by LTC Properties, the healthcare real estate investment trust's chairman, president and CEO, Wendy Simpson, said Thursday during a third-quarter earnings call.
LTC Properties has issued a default notice to the primary operator of stand-alone memory care communities in its portfolio and is planning to transition two properties away from the other operator of stand-alone memory care communities in its portfolio.
LTC Properties is "very interested" in opportunities in independent living, the self-administered real estate investment trust's chairwoman, CEO and president, Wendy Simpson, told participants in an earnings call on Thursday.
Senior living operators represented in LTC Properties' portfolio are seeing labor costs creep up, but the shrinking labor pool represents a greater challenge to them, Wendy Simpson, the REIT's chairwoman, CEO and president, told those participating in a third-quarter earnings call Thursday.
"LTC had a quiet but active first half of the year," the REIT's chair, CEO and president, Wendy Simpson, told participants in a second-quarter earnings call on Tuesday. LTC Properties acquired or completed five senior living properties during that time.
Principals of Anthem Memory Care and Prestige Healthcare shared some ways that their companies are addressing staffing challenges and senior housing oversupply in the marketplace during LTC Properties' first quarter 2016 earnings call.
LTC Properties, a real estate investment trust that primarily invests in seniors housing and healthcare properties, welcomes a new senior vice president of business development and a new director of marketing.