REIT - Healthcare Facilities Industry | Real Estate Sector | Ms. Wendy L. Simpson CEO | XDUS Exchange | US5021751020 ISIN |
United States Country | 23 Employees | 31 Dec 2024 Last Dividend | 1 Oct 1998 Last Split | 17 Aug 1992 IPO Date |
LTC is a specialized REIT (Real Estate Investment Trust) that focuses on investing in the seniors housing and health care sectors. This encompasses strategic financial involvement primarily through various avenues like sale-leasebacks, mortgage financing, joint ventures, and structured finance solutions, which cover preferred equity and mezzanine lending. The company's geographical footprint spans across 26 states within the United States, partnering with 29 operating entities. Its diversified investment portfolio is balanced evenly between seniors housing and skilled nursing properties, representing 201 real estate investments that are fundamental to LTC's core business strategy.
LTC provides an option for property owners to sell their property to LTC and lease it back for a continuous use. This enables owners of seniors housing and health care properties to free up capital while maintaining the operation of their facilities.
This service involves LTC offering loans secured by the borrower's property, allowing operators to finance the purchase or refinance existing properties. Such loans are focused on the seniors housing and health care sectors, providing financial liquidity for expansion or improvement.
LTC engages in joint ventures with operators or developers to finance new constructions or acquire existing properties. This collaborative approach allows for shared investment opportunities in the growing market of senior housing and health care facilities.
Comprising preferred equity and mezzanine lending, LTC's structured finance solutions offer flexible funding options. Preferred equity provides capital with a fixed return priority over common equity but below debt, and mezzanine lending offers subordinate financing options, both facilitating layered financing structures for complex transactions.