Latest Ltc Properties (LTC) Headlines
LTC Senior Management to Participate in the NIC 2014 Regional Conference
Business Wire - Wed Mar 12, 8:30AM CDT
LTC Properties, Inc. (NYSE:LTC) announced today that Wendy Simpson, the company's Chairman, Chief Executive Officer and President, and Clint Malin, the company's Executive Vice President and Chief Investment Officer, will participate in panels at the NIC 2014 Regional Conference being held at the Boca Raton Resort and Club in Boca Raton, Florida. Ms. Simpson will be a session speaker on the Exploring Growth Strategies for Private Pay Seniors Housing Through Private Equity and REITs panel and Mr. Malin will moderate the Smart Growth Strategies: Utilizing Data Prior to a SNF Acquisition panel, respectively, on Monday, March 17, 2014 from 2:15pm to 3:45pm Eastern Time. Information about the breakout sessions can be found at www.nic.org.
LTC Senior Management to Participate at Wells Fargo 17th Annual Real Estate Securities Conference
Business Wire - Wed Feb 26, 4:00PM CST
LTC Properties, Inc. (NYSE:LTC) announced today that senior management will attend the Wells Fargo 17th Annual Real Estate Securities Conference in New York. Wendy Simpson, Chairman and CEO, will participate in the "Healthcare--Where do we go from here?" panel discussion on February 27, 2014.
The Michigan Lottery Adds Interactive App to Wild Time Instant Game
CNW Group - Fri Feb 21, 10:12AM CST
Pollard Banknote Limited (TSX: PBL) is pleased to announce the launch of the Michigan Lottery's latest innovative instant product, $5 Diamond Wild Time, featuring an interactive second chance game app. Wild Time has been a staple instant game in the Michigan marketplace for more than 20 years, and with the addition of an interactive component, players now have more ways to play the game with additional chances to win.
LTC Reports Fourth Quarter 2013 Results
Business Wire - Thu Feb 20, 4:00PM CST
LTC Properties, Inc. (NYSE: LTC) ("LTC" or the "Company") announces today operating results for the quarter ended December 31, 2013. The Company reported an increase of 13.8% in Funds from Operations ("FFO") to $20.0 million in the quarter ended December 31, 2013, from $17.5 million in the comparable 2012 period. FFO per diluted common share was $0.57 for the quarters ended December 31, 2013 and 2012. Normalized FFO increased by 24.3% to $21.9 million in the fourth quarter of 2013 from $17.7 million in the fourth quarter of 2012. Normalized FFO per diluted common share was $0.62 and $0.57 for the quarters ended December 31, 2013 and 2012, respectively. The increase in FFO and normalized FFO was due to higher revenues from mortgage loan originations, acquisitions and completed property developments.
LTC's board elects James J Pieczynski as new member
M2 - Wed Feb 19, 6:05AM CST
Real estate investment trust LTC Properties Inc (NYSE:LTC) declared on Tuesday that its board of directors elected James J Pieczynski as a new member as of 1 March 2014, increasing the total number of directors to six and total independent directors to four.
LTC Announces Election of New Board Member
Business Wire - Tue Feb 18, 8:30AM CST
LTC Properties, Inc. (NYSE:LTC) announced that Mr. James J. Pieczynski has been elected as a new member of the Board of Directors of LTC effective March 1, 2014, increasing the total number of directors from five to six and total independent directors from three to four.
LTC Announces Details of Fourth Quarter Conference Call
Business Wire - Thu Feb 13, 8:30AM CST
LTC Properties, Inc. (NYSE:LTC) announced today that the Company will release fourth quarter earnings on Thursday, February 20, 2014.
LTC Senior Management to Participate in the 2014 Stifel Nicolaus Senior Housing and Healthcare Real Estate Conference
Business Wire - Thu Jan 23, 8:30AM CST
LTC Properties, Inc. (NYSE:LTC) announced today that senior management will participate in the 2014 Stifel Nicolaus Senior Housing and Healthcare Real Estate Conference in Miami, Florida. The conference is scheduled for January 28, 2014.
Upgrade Alert for LTC Properties (LTC)
Comtex SmarTrend(R) - Thu Jan 16, 7:10AM CST
LTC Properties (NYSE:LTC) was upgraded from Neutral to Buy at Sidoti today. The stock closed yesterday at $36.30 on volume of 604,000 shares, above average daily volume of 177,000. LTC Properties, Inc. is a real estate investment trust that invests in long-term health care facilities, assisted living residences, and schools through mortgage loans, facility lease transactions, and other investments.
4 Unusual-Volume Stocks in Breakout Territory
at The Street - Thu Jan 16, 6:00AM CST
These stocks trading on unusual volume are within range of triggering breakout stocks.
LTC Set to Re-lease 37 Assets - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jan 15, 10:20AM CST
LTC Properties disclosed the commencement of the re-leasing procedure for 37 assisted living communities.
Extendicare Provides Clarification on ALC Leases with LTC Properties
Marketwire - Tue Jan 14, 3:02PM CST
Extendicare Inc. ("Extendicare" or the "Company") (TSX: EXE) provides clarification on a recent announcement made by LTC Properties, Inc. (LTC Properties) that it will not be renewing the lease agreements (the "LTC Master Leases") entered into with Assisted Living Concepts, Inc. (ALC) and Extendicare's U.S. subsidiary, Extendicare Health Services, Inc. (EHSI). The LTC Master Leases, which expire in December 2014, cover 37 assisted living centers operated solely by ALC and are not part of EHSI's operations. As previously disclosed by the Company, following the separation of ALC from Extendicare in 2006, LTC Properties declined to remove EHSI as a co-tenant under the LTC Master Leases. The non-renewal of the LTC Master Leases will not have any financial impact on Extendicare's financial results or operations since only ALC has a financial interest in the leased centers, as disclosed in the "commitments and contingencies" note to our consolidated financial statements.
LTC Announces Re-Leasing Initiative for 37 Assisted Living Communities
Business Wire - Tue Jan 14, 8:29AM CST
LTC Properties, Inc. (NYSE:LTC) announced today that it will not be renewing its leases that will expire on December 31, 2014 with Assisted Living Concepts, Inc. and Extendicare Health Services, Inc. and has begun a formal process to re-lease the 37 assisted living communities. LTC has retained CS Capital Advisors, LLC as its advisor to assist in the marketing and re-leasing process.
LTC Declares Its Monthly Common Stock Cash Dividend for the First Quarter of 2014
Business Wire - Thu Jan 02, 8:29AM CST
LTC Properties, Inc. (NYSE:LTC) announced today that it had declared a monthly cash dividend on its common stock for the first quarter of 2014.
LTC Senior Management to Participate at REITWorld 2013: NAREIT's Annual Convention for All Things REIT
Business Wire - Fri Nov 08, 8:30AM CST
LTC Properties, Inc. (NYSE:LTC) announced today that senior management will participate in the NAREIT's REITWorld 2013 Conference in San Francisco, California. The conference is scheduled for Wednesday, November 13 through Friday, November 15, 2013.
LTC Reports Third Quarter 2013 Results, "Locks Rate" at 3.99% for $70 Million Senior Unsecured Notes and Announces Completion and Opening of a Combination Assisted Living and Memory Care Property
Business Wire - Mon Nov 04, 4:00PM CST
LTC Properties, Inc. (NYSE: LTC) ("LTC" or the "Company") announces today operating results for the quarter ended September 30, 2013. The Company reported an increase of 14.0% in Funds from Operations ("FFO") to $20.0 million in the quarter ended September 30, 2013, from $17.5 million in the comparable 2012 period. FFO per diluted common share was $0.57 for the quarters ended September 30, 2013 and 2012.
LTC Announces Details of Third Quarter Conference Call
Business Wire - Tue Oct 29, 8:30AM CDT
LTC Properties, Inc. (NYSE:LTC) announced today that the Company will release third quarter earnings on Monday, November 4, 2013.
Can LTC Properties Inc. (LTC) is Overbought, What's Next? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Oct 29, 6:06AM CDT
Can LTC Properties Inc. (LTC) is Overbought, What’s Next?
LTC Announces Development Commitments and Exclusive Pipeline Agreement
Business Wire - Tue Oct 08, 8:30AM CDT
LTC Properties, Inc. (NYSE:LTC) announced today that it entered into development commitments totaling $19.6 million with an existing operator, Anthem Memory Care ("Anthem"), to fund the construction of two free-standing private-pay memory care communities in Colorado (Denver MSA), one with 60-units and the other with 56-units. In conjunction with such commitments, LTC closed on two parcels of land for an aggregate purchase price of $2.1 million which were simultaneously added to LTC's existing master lease agreement with Anthem. Rent at an initial annual rate of 9.25% will commence upon the respective project's completion date (but in no event later than December 31, 2014) and be calculated based on the land purchase price and construction costs funded for each property to include compounded, carried interest thereon of 9.0%.
LTC Senior Management to Participate in the NIC 2014 Regional Conference
Business Wire - Wed Mar 12, 8:30AM CDT
LTC Properties, Inc. (NYSE:LTC) announced today that Wendy Simpson, the company's Chairman, Chief Executive Officer and President, and Clint Malin, the company's Executive Vice President and Chief Investment Officer, will participate in panels at the NIC 2014 Regional Conference being held at the Boca Raton Resort and Club in Boca Raton, Florida. Ms. Simpson will be a session speaker on the Exploring Growth Strategies for Private Pay Seniors Housing Through Private Equity and REITs panel and Mr. Malin will moderate the Smart Growth Strategies: Utilizing Data Prior to a SNF Acquisition panel, respectively, on Monday, March 17, 2014 from 2:15pm to 3:45pm Eastern Time. Information about the breakout sessions can be found at www.nic.org.
LTC Senior Management to Participate at Wells Fargo 17th Annual Real Estate Securities Conference
Business Wire - Wed Feb 26, 4:00PM CST
LTC Properties, Inc. (NYSE:LTC) announced today that senior management will attend the Wells Fargo 17th Annual Real Estate Securities Conference in New York. Wendy Simpson, Chairman and CEO, will participate in the "Healthcare--Where do we go from here?" panel discussion on February 27, 2014.
The Michigan Lottery Adds Interactive App to Wild Time Instant Game
CNW Group - Fri Feb 21, 10:12AM CST
Pollard Banknote Limited (TSX: PBL) is pleased to announce the launch of the Michigan Lottery's latest innovative instant product, $5 Diamond Wild Time, featuring an interactive second chance game app. Wild Time has been a staple instant game in the Michigan marketplace for more than 20 years, and with the addition of an interactive component, players now have more ways to play the game with additional chances to win.
LTC Reports Fourth Quarter 2013 Results
Business Wire - Thu Feb 20, 4:00PM CST
LTC Properties, Inc. (NYSE: LTC) ("LTC" or the "Company") announces today operating results for the quarter ended December 31, 2013. The Company reported an increase of 13.8% in Funds from Operations ("FFO") to $20.0 million in the quarter ended December 31, 2013, from $17.5 million in the comparable 2012 period. FFO per diluted common share was $0.57 for the quarters ended December 31, 2013 and 2012. Normalized FFO increased by 24.3% to $21.9 million in the fourth quarter of 2013 from $17.7 million in the fourth quarter of 2012. Normalized FFO per diluted common share was $0.62 and $0.57 for the quarters ended December 31, 2013 and 2012, respectively. The increase in FFO and normalized FFO was due to higher revenues from mortgage loan originations, acquisitions and completed property developments.
LTC's board elects James J Pieczynski as new member
M2 - Wed Feb 19, 6:05AM CST
Real estate investment trust LTC Properties Inc (NYSE:LTC) declared on Tuesday that its board of directors elected James J Pieczynski as a new member as of 1 March 2014, increasing the total number of directors to six and total independent directors to four.
LTC Announces Election of New Board Member
Business Wire - Tue Feb 18, 8:30AM CST
LTC Properties, Inc. (NYSE:LTC) announced that Mr. James J. Pieczynski has been elected as a new member of the Board of Directors of LTC effective March 1, 2014, increasing the total number of directors from five to six and total independent directors from three to four.
LTC Announces Details of Fourth Quarter Conference Call
Business Wire - Thu Feb 13, 8:30AM CST
LTC Properties, Inc. (NYSE:LTC) announced today that the Company will release fourth quarter earnings on Thursday, February 20, 2014.
LTC Senior Management to Participate in the 2014 Stifel Nicolaus Senior Housing and Healthcare Real Estate Conference
Business Wire - Thu Jan 23, 8:30AM CST
LTC Properties, Inc. (NYSE:LTC) announced today that senior management will participate in the 2014 Stifel Nicolaus Senior Housing and Healthcare Real Estate Conference in Miami, Florida. The conference is scheduled for January 28, 2014.
Upgrade Alert for LTC Properties (LTC)
Comtex SmarTrend(R) - Thu Jan 16, 7:10AM CST
LTC Properties (NYSE:LTC) was upgraded from Neutral to Buy at Sidoti today. The stock closed yesterday at $36.30 on volume of 604,000 shares, above average daily volume of 177,000. LTC Properties, Inc. is a real estate investment trust that invests in long-term health care facilities, assisted living residences, and schools through mortgage loans, facility lease transactions, and other investments.
4 Unusual-Volume Stocks in Breakout Territory
at The Street - Thu Jan 16, 6:00AM CST
These stocks trading on unusual volume are within range of triggering breakout stocks.
LTC Set to Re-lease 37 Assets - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jan 15, 10:20AM CST
LTC Properties disclosed the commencement of the re-leasing procedure for 37 assisted living communities.
Extendicare Provides Clarification on ALC Leases with LTC Properties
Marketwire - Tue Jan 14, 3:02PM CST
Extendicare Inc. ("Extendicare" or the "Company") (TSX: EXE) provides clarification on a recent announcement made by LTC Properties, Inc. (LTC Properties) that it will not be renewing the lease agreements (the "LTC Master Leases") entered into with Assisted Living Concepts, Inc. (ALC) and Extendicare's U.S. subsidiary, Extendicare Health Services, Inc. (EHSI). The LTC Master Leases, which expire in December 2014, cover 37 assisted living centers operated solely by ALC and are not part of EHSI's operations. As previously disclosed by the Company, following the separation of ALC from Extendicare in 2006, LTC Properties declined to remove EHSI as a co-tenant under the LTC Master Leases. The non-renewal of the LTC Master Leases will not have any financial impact on Extendicare's financial results or operations since only ALC has a financial interest in the leased centers, as disclosed in the "commitments and contingencies" note to our consolidated financial statements.
LTC Announces Re-Leasing Initiative for 37 Assisted Living Communities
Business Wire - Tue Jan 14, 8:29AM CST
LTC Properties, Inc. (NYSE:LTC) announced today that it will not be renewing its leases that will expire on December 31, 2014 with Assisted Living Concepts, Inc. and Extendicare Health Services, Inc. and has begun a formal process to re-lease the 37 assisted living communities. LTC has retained CS Capital Advisors, LLC as its advisor to assist in the marketing and re-leasing process.
LTC Declares Its Monthly Common Stock Cash Dividend for the First Quarter of 2014
Business Wire - Thu Jan 02, 8:29AM CST
LTC Properties, Inc. (NYSE:LTC) announced today that it had declared a monthly cash dividend on its common stock for the first quarter of 2014.
LTC Senior Management to Participate at REITWorld 2013: NAREIT's Annual Convention for All Things REIT
Business Wire - Fri Nov 08, 8:30AM CST
LTC Properties, Inc. (NYSE:LTC) announced today that senior management will participate in the NAREIT's REITWorld 2013 Conference in San Francisco, California. The conference is scheduled for Wednesday, November 13 through Friday, November 15, 2013.
LTC Reports Third Quarter 2013 Results, "Locks Rate" at 3.99% for $70 Million Senior Unsecured Notes and Announces Completion and Opening of a Combination Assisted Living and Memory Care Property
Business Wire - Mon Nov 04, 4:00PM CST
LTC Properties, Inc. (NYSE: LTC) ("LTC" or the "Company") announces today operating results for the quarter ended September 30, 2013. The Company reported an increase of 14.0% in Funds from Operations ("FFO") to $20.0 million in the quarter ended September 30, 2013, from $17.5 million in the comparable 2012 period. FFO per diluted common share was $0.57 for the quarters ended September 30, 2013 and 2012.
LTC Announces Details of Third Quarter Conference Call
Business Wire - Tue Oct 29, 8:30AM CDT
LTC Properties, Inc. (NYSE:LTC) announced today that the Company will release third quarter earnings on Monday, November 4, 2013.
Can LTC Properties Inc. (LTC) is Overbought, What's Next? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Oct 29, 6:06AM CDT
Can LTC Properties Inc. (LTC) is Overbought, What’s Next?
LTC Announces Development Commitments and Exclusive Pipeline Agreement
Business Wire - Tue Oct 08, 8:30AM CDT
LTC Properties, Inc. (NYSE:LTC) announced today that it entered into development commitments totaling $19.6 million with an existing operator, Anthem Memory Care ("Anthem"), to fund the construction of two free-standing private-pay memory care communities in Colorado (Denver MSA), one with 60-units and the other with 56-units. In conjunction with such commitments, LTC closed on two parcels of land for an aggregate purchase price of $2.1 million which were simultaneously added to LTC's existing master lease agreement with Anthem. Rent at an initial annual rate of 9.25% will commence upon the respective project's completion date (but in no event later than December 31, 2014) and be calculated based on the land purchase price and construction costs funded for each property to include compounded, carried interest thereon of 9.0%.
