LTC Properties Inc., a real estate investment trust focused on seniors housing and healthcare properties, has announced a $108 million acquisition of a Senior Housing Operating Portfolio $(SHOP)$ in Atlanta, Georgia. The transaction includes a three-property portfolio comprising nearly 400 independent living, assisted living, and memory care units, stabilized at 92% occupancy and built between 2014 and 2018. The properties will continue to be managed by The Arbor Company, an existing LTC SHOP operator. The acquisition, funded through LTC’s revolving line of credit, is expected to deliver a year-one yield of approximately 7% and an unlevered internal rate of return in the low teens. This move increases SHOP assets to 27% of LTC’s gross investment portfolio and reflects the company’s strategy to enhance growth by adding newer, high-quality assets.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LTC Properties Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260126811948) on January 26, 2026, and is solely responsible for the information contained therein.
Comments