LTC Properties

LTC NYSE
44.41
-1.35
-2.95%
After Hours: 44.41 0 0.00% 16:41 06/26 EDT
Open
45.74
Prev Close
45.76
High
45.76
Low
44.37
Volume
241.49K
Avg Vol (3M)
197.17K
52 Week High
48.13
52 Week Low
40.11
% Turnover
0.61%
Market Cap
1.76B
1D
5D
1M
3M
1Y
5Y

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Company Profile

LTC Properties Inc. is a healthcare real estate investment trust (REIT). The Company invests in senior housing and healthcare properties through sale-leaseback transactions, mortgage financing and structured finance solutions, including mezzanine lending. It invests in various properties, including Skilled nursing facilities (SNF), Assisted living facilities (ALF), Independent living facilities (ILF), Memory care facilities (MC) and Range of care facilities (ROC). SNF provides restorative, rehabilitative and nursing care. Many skilled nursing facilities provide ancillary services that include occupational, speech, physical, respiratory and IV therapies, as well as sub-acute care services, which are paid either by the patient, the patient's family, private health insurance, or through the federal Medicare or state Medicaid programs. ALF serves people requiring assistance with activities of daily living, but do not require the constant supervision skilled nursing facilities provide.
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