LTC Reports 2026 Third Quarter Results as SHOP Momentum Continues
Business Wire•03/11/2026•16:15 ET
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Key Highlights
- ➤SHOP acquisitions nearly $950 million through October, surpassing 2026 mid-point target
- ➤2026 SHOP investment midpoint guidance raised to $1 billion from $900 million
- ➤SHOP now represents 45% of LTC’s annualized net operating income
- ➤Third-quarter total revenues increased to $115.246 million from $69.290 million
- ➤Diluted Core FFO per share increased to $0.71 from $0.69
Expert Statements
Clint Malin, Co-CEO of LTC Properties, Inc.
“Our SHOP strategy is delivering and reshaping LTC’s future by transforming our portfolio, building a scalable operating platform, and strengthening our ability to capitalize on new growth opportunities”
Clint Malin, Co-CEO of LTC Properties, Inc.
“SHOP acquisitions have reached nearly $950 million through October, surpassing our 2026 mid-point acquisition target, increasing our earnings power, and extending our runway for growth.”
Clint Malin, Co-CEO of LTC Properties, Inc.
“As SHOP contributes a greater share of net operating income, we are creating meaningful long-term value for shareholders, and remain confident in our ability to further differentiate LTC as a growth-oriented seniors housing REIT.”
Pam Kessler, Co-CEO of LTC Properties, Inc.
“When we introduced our SHOP platform, we envisioned creating a differentiated growth engine that would enhance LTC’s earnings profile, strengthen operator relationships, and position the company for future growth.”
Pam Kessler, Co-CEO of LTC Properties, Inc.
“The progress we have achieved reflects both the strength of that vision and our team’s ability to execute it”
Pam Kessler, Co-CEO of LTC Properties, Inc.
“While our goals were ambitious, we have successfully built a scalable platform that is generating considerable momentum.”
Pam Kessler, Co-CEO of LTC Properties, Inc.
“As a result, we believe LTC is better positioned to drive sustainable earnings growth, increase portfolio resilience, and build ongoing shareholder value.”
LTC Reports 2026 Third Quarter Results as SHOP Momentum Continues
– Year-to-Date SHOP Acquisitions of Nearly $950 Million Surpass Previously Disclosed Mid-Point Target –
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