LTC Properties to pivot from heavy investing to Q3 debt reduction
Following months of strong investment activity, LTC Properties will turn its focus to reducing leverage and supporting its existing operators.
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Following months of strong investment activity, LTC Properties will turn its focus to reducing leverage and supporting its existing operators.
Operator: Good morning and welcome to the LTC Properties, Inc. Quarterly Earnings Call.
LTC Properties operators are facing occupancy and cost challenges, challenges that have led to one partner's major payment deferral.
Operator: Before management begins its presentation, please note that today's comments, including the question-and-answer session, may include forward-looking statements subject to risks and uncertainties...
LTC Properties had its strongest investment year since 2015, company leaders said Thursday, with Chairman and CEO Wendy Simpson touting $170 million in annual investment as proof of a “hard-won positive year.”