LTC Properties Acquires Three Senior Housing Communities for Nearly $160 Million

10:09 AM EDT, 10/01/2026 (MT Newswires) -- LTC Properties (LTC) said Thursday it completed two acquisitions totaling almost $160 million, adding three communities to its Seniors Housing Operating Portfolio, or SHOP. The company said it acquired two IntegraCare-operated communities in Virginia and Maryland for $89 million, as well as one community in Florida to be operated by Charter Senior Living for $69 million. The acquisitions cover 270 independent living, assisted living, and memory care units, and are projected to generate an average year-one cap rate of about 6.5% and an anticipated unlevered internal rate of return in the low- to mid-teens, LTC said. Further, LTC said it divested two non-SHOP portfolios for more than $260 million in gross proceeds and an expected gain on sale of around $225 million. Price: 42.26, Change: -0.59, Percent Change: -1.37