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Key Stock Data
The current last sale of $43.98 is 27.63% Higher than the 52 week low.
|Intraday||Last 52 Weeks|
|High:||$ 44.25||$ 47.43|
|Low:||$ 43.72||$ 34.46|
Company Description (as filed with the SEC)
LTC Properties, Inc., a health care real estate investment trust (or REIT), was incorporated on May 12, 1992 in the State of Maryland and commenced operations on August 25, 1992. We invest primarily in seniors housing and health care properties through sale-leaseback transactions, mortgage financing, joint ventures and structured finance solutions including mezzanine lending. Our primary objectives are to create, sustain and enhance stockholder equity value and provide current income for distribution to stockholders through real estate investments in seniors housing and health care properties managed by experienced operators. To meet these objectives, we attempt to invest in properties that provide opportunity for additional value and current returns to our stockholders and diversify our investment portfolio by geographic location, operator, property type and form of investment. ... More ...