LTC Properties Inc.
10/03/2025 | Press release | Distributed by Public on 10/03/2025 14:16
Asset Transaction (Form 8-K)
Item 2.01 Completion of Acquisition or Disposition of Assets
On September 29, 2025, LTC Properties, Inc. (the "Company" or "LTC") completed an acquisition, consisting of five seniors housing communities totaling 520 units, in Wisconsin from local developers.
The aggregate purchase price paid at closing was $195 million funded by utilizing the Company's line of credit, proceeds from loan payoffs, and proceeds from sales of common stock under the Company's ATM program.
LTC Properties Inc. published this content on October 03, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on October 03, 2025 at 20:16 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]