Financial Data and Key Metrics Changes - The company reported a Core FFO per share improvement of $0.05 to $0.70, representing an 8% increase year-over-year, and Core FAD per share improved by $0.07 to $0.73, reflecting an 11% increase [17] - The debt to annualized adjusted EBITDA for real estate was 4.5x, with an annualized adjusted Fixed Charge Coverage Ratio of 4.4x, well within the stated leverage target of 4-5x [17] Business Line Data and Key Metrics Changes - The SHOP portfolio grew to 25% of the investment portfolio by year-end 2025, with expectations to reach 45% by the end of 2026 [4] - The original 13 properties converted to SHOP grew NOI by 22% over 2024 pro forma NOI, generating $16.2 million in combined rent and NOI in 2025 [8] - The company anticipates 14% NOI growth at the midpoint for the full year 2026 over pro forma 2025 [8] Market Data and Key Metrics Changes - The company expects occupancy to grow by approximately 150 basis points in 2026, with RevPAR projected to increase by about 5% [9] - The company is in a competitive senior housing acquisitions environment, leveraging its smaller asset base and relationship-driven strategy to find opportunities [12] Company Strategy and Development Direction - The company is transforming from a lower growth triple net REIT into a faster-growing SHOP-focused REIT, with a guidance of $600 million in acquisitions for 2026, nearly 70% higher than 2025 [3] - The strategic portfolio transformation aims to reduce skilled nursing investments to less than 30% by the end of 2026, focusing on SHOP growth [5] - The company plans to continue investing in newer SHOP communities that are best positioned to compete against future developments [19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the financial strength to support SHOP growth, with liquidity standing at $810 million on a pro forma basis [16] - The company anticipates continued accelerated internal and external growth powered by SHOP in 2027, following the completion of its transformation at the end of 2026 [5] - Management highlighted the importance of operator relationships in driving future growth and emphasized the potential for organic NOI growth to double by the end of 2026 compared to pre-transformation levels [20] Other Important Information - The company has an acquisition pipeline of over $500 million in deals under review, all focused on SHOP [13] - The company expects to sell five skilled nursing properties and has certain loan payoffs totaling $90 million in the next 60 days [10] Q&A Session Summary Question: What are the greatest threats to SNFs today? - Management noted that private capital driving prices in skilled nursing could change, and there is inherent risk in the skilled nursing sector [26] Question: Is the 14% same-store growth sustainable? - Management indicated that the pro forma occupancy of 89.7% is close to stabilized levels, and they are comfortable with the guidance for growth [27] Question: What are the year one yields for SHOP investments? - The company is underwriting year one yields at about 7%, with good growth headroom beyond that [40] Question: How competitive is the landscape for seniors housing deals? - Management acknowledged the competitive landscape but emphasized their ability to find transactions that meet their underwriting criteria [51] Question: What is the expected CapEx burden for LTC going forward? - Management stated that the current CapEx guidance is based on a $1,500 per unit assumption, which is appropriate given the age of the assets [75]

LTC Properties (NYSE:LTC) Q4 2025 Earnings call February 25, 2026 11:00 AM ET Company ParticipantsCece Chikhale - Executive Vice President, CFO, Treasurer and SecretaryClint Malin - Co-President and Co-CEODave Boitano - Executive Vice President and CIOGibson Satterwhite - Executive Vice President of Asset ManagementJohn Kilichowski - Vice President in Equity ResearchMichael Carroll - Managing DirectorOmotayo Okusanya - Managing DirectorPam Kessler - Co-President and Co-CEORichard Anderson - Managing Directo ...

LTC Properties (NYSE:LTC) Q4 2025 Earnings call February 25, 2026 11:00 AM ET Speaker9Welcome to the LTC Properties, Inc. fourth quarter 2025 earnings conference call and webcast. At this time, all participants are in listen-only mode. A question and answer session will follow the formal presentation. You may be placed in the question queue at any time by pressing star one on your telephone keypad. As a reminder, this conference is being recorded. If anyone should require operator assistance, please press s ...

RENEWAL AND SUPPLEMENTAL OPERATING AND FINANCIAL DATA TRANSITION FOURTH QUARTER 2025 TABLE OF CONTENTS LEADERSHIP WENDY SIMPSON Executive Chairman PAM KESSLER Co-President and Co-CEO CLINT MALIN Co-President and Co-CEO CECE CHIKHALE EVP, Chief Financial Officer, Treasurer and Secretary DAVID BOITANO EVP, Chief Investment Officer GIBSON SATTERWHITE EVP, Asset Management MIKE BOWDEN SVP, Investments MANDI HOGAN SVP, Marketing BOARD OF DIRECTORS | WENDY SIMPSON | Executive Chairman | | --- | --- | | CORNELIA C ...

LTC Properties (LTC) came out with quarterly funds from operations (FFO) of $0.7 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to FFO of $0.72 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of +2.32%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.65 per share when it actually produced FFO of $0.69, delivering a surprise of +6.15%.Over the last four quart ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 1-11314 LTC PROPERTIES, INC. (Exact name of registrant as specified in its charter) Maryland (State or other jurisdiction of incorporation or organi ...

Exhibit 99.1 FOR IMMEDIATE RELEASE For more information contact: Mandi Hogan (805) 981-8655 LTC REPORTS 2025 FOURTH QUARTER RESULTS AND INTRODUCES 2026 GUIDANCE -- SHOP Momentum Powers Portfolio Transformation with 60% revenue and 13% Core FFO growth – WESTLAKE VILLAGE, CALIFORNIA, February 24, 2026 -- LTC Properties, Inc. (NYSE: LTC) ("LTC" or the "Company"), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced operating results for the fourth ...

Core Insights - Lotus Creek Exploration Inc. has released a new Corporate Presentation available on its website, indicating ongoing efforts to communicate its strategic direction and operational updates [1]. Company Updates - The Corporate Presentation was posted on February 6, 2026, showcasing the company's latest developments and future plans [1]. - The presentation can be accessed through a provided link, emphasizing the company's commitment to transparency and investor engagement [1].

Core Viewpoint - The article discusses the journey of an individual transitioning from a potential career in politics to a focus on value investing, emphasizing the importance of risk management and long-term wealth growth [1] Group 1: Career Transition - The individual initially pursued a career in politics but faced challenges that led to a shift towards finance and investing [1] - After experiencing financial setbacks in 2019, the decision was made to study value investing to create wealth and mitigate risks [1] Group 2: Professional Experience - From 2020 to 2022, the individual worked in a sales role at a law firm, where they became the top-grossing salesman and managed a team, contributing to sales strategy [1] - The experience gained during this period was instrumental in assessing company prospects based on sales strategies [1] Group 3: Investment Advisory Role - Between 2022 and 2023, the individual served as an investment advisory representative with Fidelity, focusing on 401K planning [1] - Despite excelling in this role and passing Series exams ahead of schedule, there was frustration due to the reliance on modern portfolio theory, which conflicted with the individual's value investing approach [1] Group 4: Current Endeavors - In November 2023, the individual began writing for Seeking Alpha, sharing investment opportunities and insights with readers [1] - The articles serve as a platform for the individual to document their investment journey and the opportunities they pursue [1]

Earnings Release and Conference Call - LTC Properties Inc. will release its fourth quarter earnings on February 24, 2026, after market close [1] - A conference call is scheduled for February 25, 2026, at 8:00 a.m. Pacific / 11:00 a.m. Eastern to discuss performance and operating results for the quarter ended December 31, 2025 [1] Company Overview - LTC Properties is a real estate investment trust (REIT) focused on seniors housing and health care properties, primarily investing through Senior Housing Operating Portfolio (SHOP) and triple-net leases [1] - The company's portfolio includes nearly 190 properties across the United States, with approximately 64% of its assets in seniors housing communities and the remainder in skilled nursing centers [1] Recent Acquisitions - LTC Properties announced a $108 million acquisition of a three-property portfolio in Atlanta, Georgia, which includes nearly 400 independent living, assisted living, and memory care units stabilized at 92% occupancy [1] - The company completed $360 million in SHOP acquisitions in 2025 and expects to close an additional $110 million of SHOP acquisitions in January 2026 [1] Dividend Declaration - LTC Properties declared a monthly cash dividend of $0.19 per common share for the first quarter of 2026, with specific record and payment dates outlined [1]