LTC Accelerates SHOP Growth With Another $160 Million in Acquisitions
Business Wire•01/10/2026•09:15 ET
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Key Highlights
- ➤Nearly $160 million added through three SHOP communities in Florida, Virginia, and Maryland
- ➤$69 million Florida community to be operated by Charter Senior Living
- ➤$89 million Virginia and Maryland communities add IntegraCare as a new operator
- ➤Over $260 million gross proceeds from divesting two non-SHOP portfolios
- ➤SHOP platform now spans 46 communities and contributes over 40% of annualized net operating income
Expert Statements
Dave Boitano, Executive Vice President and Chief Investment Officer of LTC
“Since launching SHOP, we have moved quickly to build scale, broaden our operator base, and expand our presence in markets with compelling long-term demand drivers”
Dave Boitano, Executive Vice President and Chief Investment Officer of LTC
“These acquisitions accelerate our momentum, while the sale of non-SHOP assets highlights our commitment to actively managing our portfolio and reallocating capital into opportunities with greater growth potential.”
LTC Accelerates SHOP Growth With Another $160 Million in Acquisitions
– Continues to Align Portfolio with SHOP Strategy Through Strategic Divestitures –
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