Market Capitalization (Millions $) |
1,593 |
Shares
Outstanding (Millions) |
44 |
Employees |
23 |
Revenues (TTM) (Millions $) |
210 |
Net Income (TTM) (Millions $) |
95 |
Cash Flow (TTM) (Millions $) |
-11 |
Capital Exp. (TTM) (Millions $) |
14 |
Ltc Properties Inc
LTC Properties Inc is a publicly-traded real estate investment trust (REIT) that engages in investment and management of senior living and healthcare properties. It operates as one of the largest healthcare REITs in the United States, with a portfolio of over 180 properties in 27 states.
The company's portfolio primarily consists of skilled nursing facilities, assisted living facilities, memory care facilities, and other senior housing properties. In addition, LTC Properties also invests in medical office buildings, rehabilitation hospitals, and pharmaceutical research and development facilities. As of 2021, the company has a market capitalization of approximately $1.7 billion.
Founded in 1992, the company has developed a strong reputation for its expertise in senior living and healthcare properties. Its business model revolves around partnering with experienced operators and property managers to lease facilities on a long-term basis, typically with initial lease terms ranging from 10 to 15 years.
LTC Properties' management team is led by Wendy Simpson, who has been the CEO and President of the company since 200 Under her leadership, the company has consistently delivered strong financial performance, including steady growth in revenue and net income.
The company has a strong commitment to corporate social responsibility and operates with a philosophy of "doing the right thing." It aims to make a positive impact on the communities where it operates, by investing in socially responsible projects, implementing sustainable business practices, and engaging with its stakeholders to promote good governance.
In summary, LTC Properties Inc is a leading REIT that specializes in senior living and healthcare properties, operating with a strong commitment to corporate social responsibility and a focus on sustainable growth.
Company Address: 3011 Townsgate Road, Suite 220 Westlake Village 91361 CA
Company Phone Number: 981-8655 Stock Exchange / Ticker: NYSE LTC
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