LTC’s SHOP Momentum Continues with $95 Million in New Acquisitions
Business Wire•13/10/2026•09:15 ET
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Key Highlights
- ➤LTC acquires two SHOP communities for $95 million.
- ➤Year-to-date SHOP acquisitions exceed $830 million, over 90% of $900 million guidance.
- ➤Alabama acquisition costs $71 million for a 180-unit seniors housing community.
- ➤Iowa off-market acquisition costs $24 million for an 85-unit community.
- ➤SHOP now comprises nearly 45% of annualized net operating income across 48 communities.
Expert Statements
Michael Bowden, SVP, Investments at LTC Properties
“Deep relationships continue to fuel our growth.”
Michael Bowden, SVP, Investments at LTC Properties
“These two communities were acquired from repeat sellers with whom LTC has previously transacted and will be managed by existing SHOP operators.”
Michael Bowden, SVP, Investments at LTC Properties
“They are newer assets each with a strong market presence which continues to position LTC’s SHOP platform for higher intrinsic growth.”
LTC’s SHOP Momentum Continues with $95 Million in New Acquisitions
– Builds on Proven Operator Relationships to Drive Continued SHOP Growth –
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