LTC Properties sells two Florida skilled nursing centers for 42 million to fund SHOP acquisitions

Reuters

Oct 08, 2025

LTC Properties sells two Florida skilled nursing centers for 42 million to fund SHOP acquisitions

LTC Properties Inc. announced the sale of two skilled nursing centers in Florida totaling 240 licensed beds for $42 million. The company is redeploying the proceeds to acquire newer, stabilized seniors housing operating properties, in line with its strategy to strengthen and diversify its portfolio. LTC also expects to complete additional skilled nursing center sales, increasing seniors housing to approximately 62% of its gross real estate investments.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LTC Properties Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251007772536) on October 07, 2025, and is solely responsible for the information contained therein.

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