LTC Properties (NYSE: LTC) is executing on its plans to scale its senior housing operating portfolio (SHOP) in 2025, as evidenced by the company’s flurry of activity in the first quarter. This comes as the Westlake Village, California-based company continues on its effort to convert triple-net leases to REIT Investment Diversification and Empowerment Act (RIDEA) […]
LTC Properties
This story is part of your SHN+ subscription One comment that CEO Shankh Mitra made on the recent Welltower (NYSE: WELL) earnings call stood out to me. He called the Toledo, Ohio-based real estate investment trust (REIT) “an operating company in a real estate wrapper.” The quote seems to sum up the journey that REITs […]
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LTC Properties, Inc. (NYSE: LTC) is seeking to scale up its senior housing operating portfolio in 2025 by converting some of its triple-net lease properties to RIDEA management structures. The company is looking to convert between $150 million and $200 million of gross investment assets currently on triple-net leases into RIDEA, with an expectation to […]
This story is part of your SHN+ subscription The senior living industry sits at an important crossroads between challenges and opportunity in 2025. What operators do now could mean the difference between success and failure in the coming years. On the one hand, the industry is still shaking off a few lingering woes from its […]
Welltower (NYSE: WELL) has elevated COO John Burkart to the role of vice chairman and named Nikhil Chaudhri and Tim McHugh as co-presidents, among other executive appointments. The Toledo, Ohio-based real estate investment trust (REIT) announced the moves Thursday. Burkart, who has worked as Welltower’s COO since 2021, is a driving force behind the management […]
This article is part of your SHN+ subscription Earlier this week, LTC Properties (NYSE: LTC) announced longtime CEO Wendy Simpson is transitioning to a board leadership role, with two other leaders set to take the reins as co-CEOs. In the announcement, the West Lake Village, California-based real estate investment trust (REIT) said the appointment of […]
LTC Properties (NYSE: LTC) CEO Wendy Simpson is stepping back from her role as the company’s top leader, and the company’s two co-presidents are slated to take the reins as co-CEOs. On Monday, the Westlake Village, California-based real estate investment trust (REIT) announced it had appointed Pam Kessler and Clint Malin to the roles of […]
This story is part of your SHN+ subscription Earlier this week, Brookdale Senior Living (NYSE: BKD) declined to renew a master lease with landlord Ventas (NYSE: VTR) covering 120 communities. That’s notable news, but the details really caught my eye. Hours after Ventas’ initial announcement, Brookdale released its own statement noting that the portfolio generated […]
Brookdale Senior Living (NYSE: BKD) will forgo a renewal option on a master lease with Ventas for 120 communities. Brookdale did not exercise its right to extend the term of the master lease between both companies for a renewal that would have started in 2026, according to the Chicago-based real estate investment trust (REIT), which […]