LTC Expands SHOP Platform with $54 Million Acquisition and Welcomes MorningStar Senior Living to SHOP
– Additional $285 Million in SHOP Acquisitions Expected to Close by End of Third Quarter as Company Continues to Drive Future NOI Growth –
LTC Properties, Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that invests in seniors housing and health care properties, today announced a $54 million SHOP acquisition and the addition of MorningStar Senior Living, the eleventh SHOP operator and ninth new to LTC since launching SHOP in May 2025.
Acquisition Highlights
Property: $54 million acquisition of a 104-unit assisted living and memory care community in Phoenix, Arizona.
