LTC Kicks Off 2026 with $108 Million SHOP Acquisition

Core Viewpoint - LTC Properties, Inc. has announced a significant acquisition of a Senior Housing Operating Portfolio valued at $108 million, indicating a strategic expansion in the seniors housing and health care sector [1]. Acquisition Details - The acquisition involves a three-property portfolio located in Atlanta, Georgia, which includes nearly 400 units dedicated to independent living, assisted living, and memory care [1]. - The properties have achieved a stabilization rate of 92% occupancy, reflecting strong demand and operational performance in the market [1]. - The properties were built between 2014 and 2022, suggesting a relatively modern asset base that may require lower capital expenditures for maintenance and upgrades [1].