LTC Properties, Inc. (NYSE: LTC) Chairman & CEO Wendy Simpson Interviewed by Advisor Access

Company Overview - LTC Properties has been a trusted investor in needs-based seniors housing and care for over 30 years, developing expertise to navigate various real estate cycles and adapt to market conditions [1] - The company has a diverse portfolio with investments in 191 properties across 25 states [2] Performance and Strategy - Improved performance in the third quarter was driven by efforts to streamline the portfolio, which is part of a broader strategy to strengthen the business for the long term [2] - LTC Properties originated a $26.1 million mortgage loan for the construction of a seniors housing community in Illinois during the third quarter [2] Dividend and Financial Stability - LTC Properties maintained monthly dividend payments throughout the pandemic, achieving a record of 235 consecutive monthly payments, which sets the company apart from many healthcare REITs that cut dividends [2] - The current dividend yield is nearly 6%, providing a strong return for investors, particularly retirees on fixed incomes [2] Industry Trends - The seniors housing industry has experienced a resurgence in recent years, with occupancy rates improving consistently, marking the third quarter of 2024 as the 13th consecutive quarter of increases [2]