Workflow
Skilled nursing centers
icon
Search documents
LTC Advances Portfolio Transformation With $79 Million in Completed Sales
Businesswireยท 2025-10-23 13:30
Core Viewpoint - LTC Properties, Inc. has completed the sale of five skilled nursing centers, finalizing the planned disposition of a seven-property portfolio, which reflects the company's strategic focus on optimizing its real estate investments in the seniors housing and health care sector [1] Group 1: Property Details - The sold properties include four skilled nursing centers located in Virginia, valued at $51 million, and one in California, valued at $29 million [1] - The total sales proceeds from these transactions amount to $79 million [1] Group 2: Financial Impact - The company anticipates a gain from the sale, although specific figures regarding the expected gain were not disclosed [1]