LTC (LTC) Completed a $200M Senior-Housing Acquisition. Can Higher Operating Exposure Beat the Income It Divested?
LTC Properties (LTC) completed a $200M acquisition of four Minnesota senior-housing communities, expanding its SHOP portfolio. The deal, funded partly by asset sales, aims for a 7% year-one cap rate and low-to-mid-teens unlevered IRR. LTC expects higher operating exposure but faces risks from occupancy and expense inflation.






